They should also bring few representative of growers to visit the site for inspection. why do this so hurry for AGM?

Ya agreed ...2 year too long and high risk...
come back and think why 2 yaers.

2 years sufficient for them to access ,what is the risk by then ....
if by that time CHGS is pork a meat sure will fully take up the offer and
by right will fully refund us.
But if is a pork Bone what do you all think at that time ???

Maybe by that time the 2 years earning should be able to pay half of the growers money.

Good some highlight that we should try to set the condition on how the payment should be.
lets continue the discussion...

I agree, I will vote for it, but we must set condition like 50% within first 30 days and another 50% in 6 month. Within 2 year is very risky. Anyway, I seeking DAP lawyer for advise.

Ok. I'll support your proposal.
50% is much fairer deal for us minor growers

so anyone here going to attend the meeting?

Dear all

I'm reaching out to all stakeholders of this scheme.
Some of you have already been informed by CHGS that a Voluntary Termination of the scheme has been proposed, and that it shall be passed upon approval of 3/4 in value of Growers present in the forthcoming General Meeting.
I find the following facts to be incredulous:
1) The GM is scheduled on 8/2/2013 i.e. the day before CNY reunion dinner. This restricts the attendance of many outstation growers who have to travel back to their respective hometowns. I find this rather suspicious as it is likely to reduce the number of attendees for the GM.
2) 10% of our investment shall be paid within 30 days, BUT 90% shall be spread over 2 years AND there may be NO GUARANTEE that we may be paid in full.
3) The "rationale" behind the termination is flimsy at best:
i) Soil Fertility - Was there not a proper soil investigation conducted prior to launching such schemes? Obviously, either such investigations were flawed or the company chose to overlook some risks/assumptions;
ii) Uncompromising Terrain - Did the site SUDDENLY become hilly which "affected the average number of palm stands that can be achieved"? Surely a feasibility study would have pointed that out before a single seed was planted.
I do not wish to pre-judge the GM but I have plenty of questions to ask. However, I fear the numbers may be few and far between. I therefore wish to spread the word of the importance of the meeting amongst growers and what is at stake.

Can this grower plan merge to the mother listed company ?

what i meant is instead of return money...
give us share? in case cannot pay back us 2012 interest and principal amount.

Btw, another question, each of us bought the plot with different price... they will return us with what amount? eg. you buy with 7000.. u get 8000(last selling price?), 7000(Purchased price) or 5000(first launched price)?

what i meant is instead of return money...
give us share? in case cannot pay back us 2012 interest and principal amount.

Btw, another question, each of us bought the plot with different price... they will return us with what amount? eg. you buy with 7000.. u get 8000(last selling price?), 7000(Purchased price) or 5000(first launched price)?

Can this grower plan merge to the mother listed company ?

what i meant is instead of return money...
give us share? in case cannot pay back us 2012 interest and principal amount.

Btw, another question, each of us bought the plot with different price... they will return us with what amount? eg. you buy with 7000.. u get 8000(last selling price?), 7000(Purchased price) or 5000(first launched price)?