Ann: Yojee - Sales and Operations Update, page-4

  1. 72 Posts.
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    Very interesting indeed.


    From the 14 November announcement re Aero Line:


    "Yojee’s agreement (via Yojee’s wholly owned subsidiary Yojee Solutions Pte Ltd) with Aero Line Servicesis on enhancedcommercial terms with minimum monthly fees, consisting of a base fee over a 36-month period, along with theaddition of project by project fees at 10% of the projects revenue. Projects may include: interchange of mortgagedocuments between branches and legal firms, cheque collection and delivery to sorting centres, and the transfer ofdocuments to secure storage units...Aero Line Services operates under the umbrella of the Aero Line Group (formerly ALSSB), a market leader in expresscourier services to the financial industry in Malaysia, ensuring that documents are transferred between banks in atimely and secure fashion."


    From today:

    "This project with Aero Line is now live with Yojee receiving a 10% surcharge fee on the freight and courierfees charged by Aero Line"


    Just one example of revenue.


    What is also impressive is the market penetration momentum.


    Do your own research and good luck to all.

 
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