Commercial Credit Report for Synergy Empire Ltd

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	Synergy Empire Ltd
No. 19, Jalan 12/118b, Desa Tun Razak
Phone: +60 391712828p:+60 391712828	KUALA LUMPUR, 56100 Malaysia	Ticker: SHMYSHMY

Business Summary

Synergy Empire Limited is engaged in the production and sale of food products, specifically dessert created and sold through various restaurants that it operates in Malaysia. The Company sells its goods under its brand name Sweet Hut. The Company operates two dessert restaurants and one central kitchen. It manufactures and processes its own dessert and food in its centralized kitchen with standard procedures and recipes. The Company operates in two segments based on business unit, namely food and beverage business and asset leasing business and three segments based on various countries, namely United States, Marshall and Malaysia. It manufactures various traditional Chinese desserts such as black glutinous, almond, mango desserts and peanut butter. The Company conducts its business through Lucky Star F&B Sdn. Bhd. and SH Dessert Sdn. Bhd. Its suppliers, including raw material, ingredient, packaging material suppliers, are located in Malaysia.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	3/31/2023	Yes	Yes	-	-	-

Industries

SIC Code	Description
2087	Flavoring extracts and flavoring syrups, not elsewhere classified
5812	Eating places
2053	Frozen bakery products, except bread
2099	Food preparations, not elsewhere classified
5149	Groceries and related products, not elsewhere classified

General Information

Number of Employees:	26	(As of 3/31/2021)
Outstanding Shares:	1,000,000	(As of 2/8/2024)
Shareholders:	50
Stock Exchange:	OTC
Federal Tax Id:	384096727

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