Country Heights Grower Scheme (CHGS), anyone heard before?
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 Oct 31 2007, 12:25 PM
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#1
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9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods. 
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There are couple of similar schemes out there. Generally they are using profit sharing strategy to entice investors to come out with the initial amount for investment to spread the risk out.
Also, I don't think CIMB (BHLB Trustee) is giving any backup. They are only the appointed trustee for the investment. I.e. all the money is being held by them and distribute by them. |
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Nov 1 2007, 02:32 PM
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#2
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9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods.
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i guess on top of the initial land cost, they need to recover also the cost for plantation.
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Nov 1 2007, 05:32 PM
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#3
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9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods.
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QUOTE(F1meteor @ Nov 1 2007, 05:10 PM) This I'm not too worried. It's the same group for the hotel Palace of the golden horses. You can always sell it back to CHGS as stated in their clause right?.....So I guess the main concern is not that.I'm more worried on cannot sell it off >.<"  |
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Jan 7 2008, 01:11 PM
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#4
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@neocappuccino
I think a lot here had the same question as mine if you've read through this thread. i.e. does CHGS had any "buy back" clause in the agreement signed? This post has been edited by b00n: Jan 7 2008, 01:11 PM |
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