We seeking funding of RM208,400,000 to achieve specific milestones
necessary to build ten hotels, fit them out and equip them, and provide
the necessary working capital during their first year of operation.
As part of its expansion plan, the company's primary goal is to build
100 properties over the next three years.
Property Acquisition or Lease: This includes the costs associated
with purchasing or leasing the hotel property, such as legal fees,
valuation fees, and other expenses related to the acquisition or
leasing process.
Renovation or Construction: This includes the expenses required to
adapt the property to E-Sports hotel requirements, including gaming
areas and room configurations. This includes costs for construction
or renovation work required to meet the company's unique needs
Interior Design and Furnishings: This includes the cost of hiring
interior design services and purchasing furnishings, including
gaming equipment and decor. The company's brand will be reflected in
these designs, so allocating funds for this aspect of the build is
essential.
Gaming Infrastructure: This includes investing in gaming PCs,
peripherals, consoles, and related equipment. It's crucial to
provide guests with high-quality gaming equipment to ensure a
memorable gaming experience.
Technology and Connectivity: This includes funding for technology
infrastructure, including high-speed internet and gaming software.
The company must have a robust technological infrastructure to meet
the demands of its guests.
Licensing and Permits: This includes fees for obtaining necessary
licenses and permits. Allocating funds to this building aspect is
essential to meeting all legal requirements.
Marketing and Promotion: This budget includes all marketing
activities required to attract guests and build the company's brand.
It includes advertising, promotions, public relations, and market
research.
Staffing and Training: This includes expenses related to hiring,
training, and salaries for staff. The company must hire experienced
and skilled staff to ensure excellent customer service and efficient
operations.
