you are right, you are the minority , how are you going to change the manager ? This coming meeting is only giving you a chance to show your face, is not even a genuine meeting at all.

It doesn't matter 1 plot or 10 plots or 100 plots, the plots are only for investor show and tell. And you are only investing in the "participation", you do not have any rights, or any share, or any linked to the company. In simple words, you are not even allow to profit sharing with the company.

You can owned the whole 10,000 plot grower scheme, and CHGS still can kick u out from the scheme anytime at their mercy. Because you do not hold an interest in the company... people should read carefully what they sign, not based on understanding

""You don ask, I don tell
I dont tell because you didnt ask""
above is a fair defense for many years until recently in alot of country where intentional hiding is consider a crime
actually when you buy fund, bank is oblige to inform you that there is a risk of losing all of the money but when you buy this grower scheme, have anyone told you about the risk and what happen when you lose money ?

i bet you thats whay the managemnet is banking on....

they will agree to pay back with OPEN arms........

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

Agenda for the meeting is to discuss whether you wanna sell it or not.
How about the pay back term ?
If they pay back within two years time. I don't think it is fair.
When we bought it, they ask to pay one time.
When we sell it, they pay back installment.

Do whatever lawful that is needed against this unhealthy corporate exercise.

GOOD news!  Minority Shareholders Watchgroup Group (MSWG) has given permission to use their office address for Growers to send in their signed proxy forms.

Her office and mailing address is:

MSWG
11th floor, Bangunan KWSP
No. 3, Changkat Raja Chulan
Off Jalan Raja Chulan
50200 Kuala Lumpur

Phone:603 2070 9090
Fax: 603 2070 9107
Email: watchdog@mswg.org.my
Website: www.mswg.org.my

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 ?

THOSE STILL LOOKING FOR PROXY PERSONS TO SEND FORMS TO IN PENANG AREA - PM ME.

I'LL SEND U CONTACT DETAILS OF PERSON WHO SHOULD BE ABLE TO SERVE AS PROXY FOR YOU.

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 ?

Hi, i have just pm you to get contact person in penang. how are you going to contact me? first time

Do whatever lawful that is needed against this unhealthy corporate exercise.

GOOD news!  Minority Shareholders Watchgroup Group (MSWG) has given permission to use their office address for Growers to send in their signed proxy forms.

Her office and mailing address is:

MSWG
11th floor, Bangunan KWSP
No. 3, Changkat Raja Chulan
Off Jalan Raja Chulan
50200 Kuala Lumpur

Phone:603 2070 9090
Fax: 603 2070 9107
Email: watchdog@mswg.org.my
Website: www.mswg.org.my
Please send early to them today! No more time, must be lodged with CHGS by 6-Feb early morning. No need to send in proxy form if you can attend.

Please fill in your own particulars at the top.  Ensure you and a witness have sign at the bottom together.  The witness must write his/her name and IC no.
For Joint accounts holders, everyone must sign as per the application form.
Leave the proxy name and particulars blank.  We have a group of Growers to be your proxy.

LETS play a game..

Ali want to plant coco, but he got no money. So he go back kampung tell people his great plan. He collected money from them and promise a interest
of course if Ali fail, then the money will be gone ( For sure he wont tell that in their face, but people who invest should known better)

Ali get the money and ready to plant coco, but then he got brilliant idea, why dont I go buy the land and coco seed at 2x the prices so I already untung before planting it. He did so and rewarded himself handsomely

Now the coco is plant he need to wait so he can only sell the produce, but villager is anxious and some can't wait so long... Ali know he need to pay them, so he take out a small portion of the untung part and pay back the villager..

Villager is very happy as promise full filled.

Year past and now the coco is ready. Ali know when is done , they all will get fair profit.. now Ali start wonder.. why shall I come up with this planting idea, do the work , and  yet I need to share the profit with the rest of the villager...

So he decided to go back his kampung and tell the villager, the coco plantation is failing and is impossible to earn any money. But because we are sama kampung, so I will repay back you all in 2 years time maybe 3.

After 3 years time and another 23 coco still being produce, Ali still owned the land and become multi billionaire and the best part is , he taught Lee the same trick too 

take a twist here....
we are no longer in the dark grey world...

imagine this ......

when Ali decided to pay back the money to the villager, one of the kampung guy say NO, the rest follow say NO.
They all report polis and also complaint to the sultan
Now since is in dispute, the land is caveat and the sultan say no one allow to remove any coco from this land until the dispute is settle.

Do you think Ali is stupid enough to mess his golden coco drop from the tree to floor for like few years time until the dispute is settle or Ali is ready to re nego ?

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.......

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.......

KUALA LUMPUR: Plentiful Gold-Class Bhd founder and chairman Tan Sri Lee Kim Yew has urged investors in the Country Heights Growers scheme to take up the proposed voluntary termination.

He said on Wednesday investors would receive RM294mil compared to the RM215.5mil in funds raised during the 2007 launch.

Lee pointed out the holding company Bee Garden Holdings Sdn Bhd, would pay the shortfall between the final sales price of the land and total buy back amount to the investors.

"I urge all the growers to seriously consider accepting the proposal and the one-to-one buy back, plus the nett yield payout for 2007 to 2011 of RM78.5mil. This would mean that the growers will receive in the end, a total of RM294mil compared to the total one-time funds raised of RM215.5mil when it first launched in 2007," he said.

Lee pointed out that in last year's scheme's fifth nett yield payout explanatory statement, the management had highlighted the challenges affecting the estate.

Country Heights Growers scheme is Malaysia's first oil palm plantation investment scheme combining farm estate and investment that provides the opportunity to the investor to participate in the palm oil industry in Malaysia.

The investment scheme is managed by Plentiful Gold-Class Bhd, a unit of Bee Garden Holdings.

The company had in the last five years paid out 48% of return in total, giving 8% return per annum for the first three years and 12% in the consequent years.

Lee said on Wednesday the board of directors for the company was receptive to put the estate up for sale via open tender in the market immediately after the proposed voluntary termination was passed through, should the investors agree, with a reserve price of RM170mil.

"Based on the financial model, Plentiful will have to pay out another nett yield dividend by Feb 14 this year. The company has no cash to pay out nett yield and is not allowed to make any borrowings or charge the land to raise additional funding," said Lee.