Wish you guy the best.

it is really a BIG Croc eating small fry scenario.

Obviously by paying back in 2 years time means the palm oil have matured enough to contribute $$$$$ to pay Grower Investor back.

haizz....

Hi, thanks for the suggestion and details, but their latest financial statements are not audited and file into SSM yet.
However it is a normal duty to disclose unaudited proforma financial statements to investors in any corporate exercises.
So far Tan Sri Lee shows only a partial picture from a brief extract of Profit statement and a very bias Cashflow analysis.  Where is the Balance sheets and what is the Profit of PGCB total operations.

The Circular for this Voluntary Termination proposal is mainly filled with subjective non-quantified narratives.  Even the Independent Advise Letter in part B is not thorough to demonstrate how they can view that the proposal is  Fair and Reasonable.
It also seems they have no time to get a latest Plantation Report done (or they don't want us to see that the Mature Area has increased further)...