1. SPAC is created in mind with protection for investors, your planting schemes has no such protection nor actual ownership  of assets or the company. A SPAC is obligated by law to return 90% of the money collected if the company cannot find a suitable investment within 3 years. Also any asset to be acquired requires voting  by non-interested shareholder (ie minority shareholders). You actually own a piece of the business and any assets there. your grower scheme have zero protection and you do not own anything other than a promise, so there is absolutely ZERO comparison. Can the scheme GUARANTEE 90% back and give minority to vote on business direction? No.. then why are you comparing.
2. You are AGREEING that you are robbing peter to pay paul. Why do you have to return the investor money (the 45%) back to them and claim it is dividend? If you pay yourself out of your own pocket and assets is NOT called a dividend. You are clearly misleading your investors. Why not make it easier and sell the plots at 45% discount? why don't you tell me the lucrative 'cut' that each salesman takes as well, can consider part of capital? Also you still have not mentioned why a FULLY PLANTED MATURED palm oil land & listed pallm oil plantation is still CHEAPER than yours (even after 45% discount)?
Yeah I wait for the day IF it is legalized since your current scheme have zero protection as minority investor, ZERO equity, ZERO ownership & ZERO accountability. Even BNM warned against all these interest scheme.. why I wonder? 
Oh.. now no need RSPO, so your planting will be indiscriminate and doesn't matter if you destroy the environment as long as you make a buck?

And your palm oil mill who owns it? Since you sell plots only? 

Yes I have been wanting to hear what is your expected OER that you can achieve.. this way we can COUNT the projected earnings. Also you have not answer why your SCHEME is expected to get 24ton per ha yield while others can't?
Another misinformation, you can REALISE the land bank gain by SELLING your shares, why have to wait until the company sell their land? If their land appreciates, I am sure the share will do so accordingly. Also why bother to sell the land, when i can have the land producing for me indefinitely? If you have a golden goose laying golden eggs every month, will you sell it off after 20 years even if it can still lay eggs? Doesn't make sense to an investor...

Oh by the way don't tell me the tree getting old not productive anymore. Heard of replanting?