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 Country Heights Grower Scheme (CHGS), anyone heard before?

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Humping^Panda
post Apr 10 2008, 03:36 PM

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Hi guys,

From my understanding, any fund collection that in involve the public must be certify by securities comission. Unless it is collected privately. As from what I see it collect openly(kinda), dont u think so?

This method is actually not new. it is something like Futures(contracts).
1 more thing, how they increase the land price? it sound like they goreng the price on their own ler...so tht it will attract more buyer to buy the intial "lot".

palm oil price goes up n down...if down while the land price is very expensive..then u guys u see u not earn much ady...who control the land price?

oil palm mature around 5 years. what they mean by "mature"?


why buy land in the plantation? why not instead of land buy the bussiness? it is land+palm oil+equipment. the total profit shud be calculated from all this cost right? then only can give dividend.

from my view, seem like the company is goreng land price only. late comer gonna get fry?

This post has been edited by Humping^Panda: Apr 10 2008, 03:42 PM
Humping^Panda
post Nov 9 2012, 04:53 PM

On my way
****
Senior Member
528 posts

Joined: Dec 2006


actually isnt that getting public fund need to be register under SC?
Once they are register under SC there is no need to have trustee?

all the time I am thinking this is a scam..
Humping^Panda
post Feb 19 2013, 01:28 PM

On my way
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Senior Member
528 posts

Joined: Dec 2006


i smell "scam" when this scheme 1st hit the market. now it proof that i m correct.

 

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