is a type of Investment Note that is issued by
MAAX Fidelity Berhad, by which a property is
pledged as security for payment of the funds
raised from the Investment Note in accordance
with the terms of the Funding Contract and the
Investment Note.
| NO. | ITEM | DESCRIPTION | ||||||
|---|---|---|---|---|---|---|---|---|
| 1. | Product Name | Secured Fixed Note | ||||||
| 2. | Launch Date | 1 April 2025 | ||||||
| 3. | Issuer of Investment Notes | MAAX Fidelity Berhad Registration No: 201801031213 (1293239-V) |
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| 4. | Type of Fund | Closed Ended Fund up to RM 26,000,000 | ||||||
| 5. | Minimum Investment | RM100,000 (Ringgit Malaysia One Hundred Thousand) |
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| 6. | Tenure & Profit Rates |
*Cannot be redeemed before maturity |
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| 7. | Interest/ Profit Payout | Payable on a Quarterly basis from effective date | ||||||
| 8. | Security | Real Estate owned by MAA Group Berhad:- PRIMA KLANG AVENUE |
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| 9. | Withdrawal upon maturity | On the date on which the investment note expires | ||||||
| 10. | Withdrawal by the issuer | Giving One (1) day notice to investor and pay the balance investment note amount together with interest/profit rate which would have been payable to the investor. |
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