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Country Heights Grower Scheme (CHGS), anyone heard before?
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kazy90
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Mar 13 2012, 03:13 PM
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Getting Started

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CHGS has sold out their plots. and now Golden Palm is the second generation of CHGS. Golden Palm Growers Scheme (GPGS) similar to CHGS, now is 8800/plot phase 3, first 6 years guaranteed 6% + bonus, 7th to 23rd years is based on profit sharing, minimum payout 9% if the cpo price is more than RM1500/mt. Last year payout from GPGS was 8%, 6% guaranteed + 2% discretionary bonus here is the latest update from GPGS, news on 13th of March 2012. Golden Palm Growers sees repeat of 2011 8% rate of return for investorsfeel free to drop me msg =D
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kazy90
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Mar 13 2012, 04:31 PM
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Getting Started

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QUOTE(sam sam @ Mar 13 2012, 04:15 PM) what i did not like about GPGS is that there is no black and white like CHGS. With CHGS its clearly stated if CPO 2100 payout 12%, CPO rm2000 11% quite nicely stated. but with GPGS you can get more than CHGS. buts that's a gamble to know the outcome in another 4 years time Ya. Because of that, many investor aware of CPO price has unlimited upside. Now the CPO price is rm3300. Yet, CHGS limited to the investor maximum 17% on the net yield payable. However in GPGS, it shares the profit from the plantation, it may go up to 30% depending on the net yield. So, this is the biggest difference between GPGS and CHGS.
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