Thanks for giving some background infor. I am no expert. Just speaking my mind here.

If they are doing this to benefit themselves, then fight all the way. If it is business gone wrong, then take it with a gram of salt.

Suggest to contact Bank Negara or other licensing body (CH needs to get a license for this scheme, right?), Consumer Protection Agency, etc and see if they can help.

Write to newspapers and make this public. Then they will be less pushy etc. as the public is watching.

If the resale land value is less than the original purchase price, make sure that the new buyer is not connected to them as they can abuse this with another one of their own companies pretending to be the buyer.

All the best!

I didn't see this type of message yet
So I am posting

In the event we abort the termination of chgs, dividend of 12 percent needs to be paid for 2012 should not be negotiated on since its in the contract
Dividend for 2013 can be negotiated since we have no entered into the year.

We have to make up our mind now what to do in the event the motion to stop chgs does not got thru and to deal with the after effects

so far, the meeting still firm. same date, same time. any changes, will let u guys know.
pls check with ur respective agents. i believe they can invite more ppl as they have all the contacts.
thanks

It would have been better if the GM is postponed to another date due to CNY holidays and most Growers unable to attend.
There are provisions printed in the Prospectus about Meeting of Growers on page 57 onwards.
The chairman can adjourn the meeting to another date by a show of hands of those present in persons.
The Chairman can be appointed by Growers present at the meeting, or a nominee of the trustee or a representative approved by ROC.  PGCB representative can even be the Chairman.
Growers can demand a poll on the election of the Chairman or adjournment of the meeting.

Hence, suggest we demand a poll to adjourn this meeting to another more convenient date and time. A poll is one vote for one Grower Plot in person or by proxy who must also be a Grower.

Meanwhile, the fact remained that PGCB may not be able to pay on this Valentine Day the 12% yield of 2012.
Adjournment only delay this reality, but may give more time for some to decide whether to accept termination at their terms, or revised either the refund terms, or continue CHGS with new terms.

Do you guys realised the agenda of the meeting on that day itself ?

It has only 1 agenda for the day. You either vote "for" or "against". The flow of the meeting on the day would be :

1. 10am sharp, Chairman of the meeting confirm the quorum
2. Chairman read out the proposal.
3. Someone from the floor (probably a guy planted there) would propose
4. Someone from the floor (also a guy planted there) would second
5. Chairman ask the floor for poll
6. Chairman announce the meeting approve the agenda
7. Chairman thank the floor and announce dismissal

Everything will kaotim in 3 minutes. If there are questions in between, the chairman will shoot it down fast.

There is no agenda for you guys to discuss, to ask question, to propose another resolution or for anything else except to vote "for" and "against". And you guys should expect "the other side" already have enough votes to vote "yes" to the proposal

Are you guys prepared ? You guys got to appoint a few spoke person to stop the chairman. Hopefully some lawyers who are also growers can be in the meeting to stop him. If not, the meeting will be over before you all can react. The big shot has all the experience in this type of meeting. They come prepared. I am sure they even get ready enough security guards to chuck out anyone who make a scene in the meeting room. Whereas I see you guys are just preparing to meet somewhere and the venue is all scattered and not even confirmed ! How do you guys have consensus on what to do ? Do you guys have any lawyer and accountant to answer your questions in your meeting ? You guys got to have a united game plan to take on the big fish 

To ALL Perak CHGS Grower members

It is short notice. I propose a meeting on Monday 28-January-2013
Time : 5pm
Location : AEON Jusco Ipoh Garden - Starbuck

Look for the person with the CHGS yellow folder.

Also
Not sure applicable
http://biz.thestar.com.my/news/story.asp?f...45&sec=business

The article reads MSwg step in to help minority in the egm. Can we write to them too
So that they can attend the meeting

Jeffayn already refute all your points convincingly. You got to accept they are the big fish. They have done this type of corporate exercise many times. They can afford the best lawyer, consultant, accountant, company secretary in town. They won't make mistakes you can type it out in 3minutes. Remember all the cost for these lawyers, consultants etc are borne by the scheme, ie you the growers. They don't need to come up with a single cent.

If you all still do not have a lawyer by now, I wish you luck. You guys need lots of it 

It is a rush date to wrap up the Termination before 2012 dividend payment due date on 14-Feb. > I THINK THIS MIGHT NOT BE FULLY ACCURATE. IT WAS STATED THAT RETURNS ARE PRORATED.

HENCE, EVEN IF WE CONSIDER THEM GIVING US NOTICE ON THE DATE STATED IN THE LETTER (JAN 17 2013) AS A VIABLE DIVIDEND TERMINATION DATE -> WE RE LEGALLY ENTITLED TO A PRORATED AMOUNT OF 11.XX% FROM LAST YEAR FEB 14.

AM I RIGHT?

again how many growers is going for the AGM ?
no point to have earlier meeting if number of growers going for the AGM is low.
Very likely it will Country Heights will succeed in their motion

I need assistance:
Mine is a joint name with my mum, I am going to the 8/2 meeting but she is not, does she need to appoint me as her proxy?

How to sign & fill-up the proxy form? First time doing proxy and cannot get it wrong.

You and your mom sign as joint shareholders to appoint you as the proxy will be fine.

We only hv limited time for tonight meeting in YMCA Penang, my suggestion below :

  Agenda                                                                Mins
1 Introduction - current situation                                 20
2 Set Direction (obviously AGAINST the resolution) 1
3 S.W.O.T analysis                                                 45
  a. Strength (how many Plots we are holding………etc) 
  b. Weaknesses (no heahd, no fund, not organized……….etc)  c. Opportunity (support / help from MSWG, Politicians, Legal advisor + continue receive the deividen until 23rd year + share of sale of land………etc) 
  d. Threat (risk of no return of capital invested ??........etc) 
4 Participant voices / Arguement                                20
5 Go / No go decision (AGAINST the resolution)                 5
7 If Go                                                                 30
  a. Appoint spoke person + committee and get contact with other location (Ipoh, KUL….etc) 
  b. How to fill in the Proxy form (attend / not attend the meeting on 08 Feb) 
  c. Those cannot attend, pass the form to who ? 
  d. Take contact of participants 
  e. AOB 
  f. Next meeting (venue + time)  
8 If No Go - we go for supper and Good Night !                 
                                                                     121

Maybe demonstration at their office before the EGM helps? At least it helps to attract the attention of the media and regulators, maybe?

Do u hv sample what to fill in the Form of Proxy (the appointment name, IC & address) ? How about witness (leave blank) ?

After we post the Form of Proxy, must grower attend the meeting on 08 Feb ?

Hey guys, i have one friend working as media and i get information there was one letter sent out by Tan Sri to all the Growers, i am waiting for him to send over the letter.......

got it, reading it now.

Michael, you have the quality to lead the minority growers. You have been in The Star. What hold you back to take charge ? Why not you (possibly with another 2 persons like Falsealias) go and talk to LKY about what you guys want from him before the meeting. I am sure LKY would be happy to meet you to resolve the issues before the meeting.