LKY mentioned in his own statement the payment was actually paid from the RM215M collected from investors.

Well said... to LKY :哦彌陀佛！

I feel the same as you do. See that he honour his words, we get the 12% dividends for 2012, 10% within 30 days and balance within 6 months....I have no more confidence entrusting my money with somebody I loose faith.
Thanks to MSWG and fellow growers who stand united in this issue.

This post has been edited by SJ555: Feb 7 2013, 08:31 PM

As the dust settled, let us look at whole scenario and see who is the eventual winner. We growers came up with RM215.5M as "working capital" for Tan Sri Lee to start this scheme. Terminating the scheme now costs Tan Sri Lee 48% of return he has paid to growers plus the goodwill package of RM25M. This money (RM103.5M) spent means he gets back 12,000 acres of the Gua Musang and Lahat Datu estates which works out to be RM8,625/= per acre, not bad by any standard. Saying that he will call for open tender to sell the estates or even if he privately buys them make no difference to us one way or the other. Tan Sri Lee came in the last minute to offer his RM25M goodwill package plus the return of capital within 6 months has projected him as a "responsible and good" corporate citizen.
To us growers, count our blessings. Full return of capital plus 60% over 5 years still works out better than FD rates in bank. Console yourself 那只是一場遊戲一場夢！
To MSWG and fellow growers, many thanks for all your efforts.

Have you heard anything regarding the 25M goodwill package by LKY needs to be approved by another EGM by the growers? I read the Nanyang today it stated something like this. Is this true?

Thanks for your clarification.