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 Country Heights Grower Scheme (CHGS), anyone heard before?

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scoop7
post Feb 1 2011, 04:36 PM

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QUOTE(nangct @ Jan 31 2011, 08:25 AM)
My agent also confirm is 12% for 2010. 12% is higher than FD.

She said will be publish in local news paper.
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It's 12% rclxm9.gif
Already in the papers, today's The Star & China Press.
chinese sos
scoop7
post Feb 2 2011, 12:08 AM

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QUOTE(kmarc @ Feb 1 2011, 06:57 PM)
Great!  rclxm9.gif  rclxms.gif Here's the news in English : http://www.btimes.com.my/Current_News/BTIM...rowers/Article/

The Chinese news article mention that they will TT the money into our bank account? How are they going to do that?  hmm.gif

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if u r a grower, you should get an email with direct debit form in it. It will deposit by 15 Feb, faster than waiting for the cheque
scoop7
post Feb 2 2011, 03:13 PM

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QUOTE(prophetjul @ Feb 2 2011, 10:05 AM)
Is that 12% based on the initial investment of 5K(?)....the present price is 10k.....from the prospectus.
So if you invest 10k, its 'only' a yield of 6%
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i think there are ppl selling some plots online thru CHGS website. Each plot <10k still
scoop7
post Feb 16 2011, 01:03 PM

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QUOTE(edyek @ Feb 16 2011, 11:00 AM)
It's 16 February. Anyone received money?

Keen to know more this scheme. smile.gif
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My money is in the bank already rclxm9.gif rclxm9.gif


Added on February 16, 2011, 1:05 pm
QUOTE(prophetjul @ Feb 8 2011, 11:59 AM)
No...the 10k price is in the prospectus....
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i mean you still can get the older plots from other ppl. these plots are selling <RM10k

This post has been edited by scoop7: Feb 16 2011, 01:05 PM
scoop7
post Feb 16 2011, 05:11 PM

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QUOTE(kmarc @ Feb 16 2011, 01:11 PM)
Nice. Gonna check mine later. Is it 12% or 10%?
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12% of initial
scoop7
post Feb 16 2011, 09:36 PM

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QUOTE(Bonescythe @ Feb 16 2011, 07:07 PM)
If I am not wrong about it. You can buy it from existing investor who are willing to sell them, buy at their price. If you agree, then will be transferred to you.
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this is correct. i think u can contact their agent or office to inquire more.

i think existing investor's price is still lower than new schemes

Look here

Last time i checked before 12% announcement, there were still a lot of lots selling <RM6K. Just checked, all those lots are sold! Still see some <RM7K lots

This post has been edited by scoop7: Feb 16 2011, 09:39 PM
scoop7
post Feb 17 2011, 10:44 PM

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QUOTE(F1meteor @ Feb 17 2011, 08:10 PM)
wtf! i haven't get mine yet!
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have u register for direct debit? i dunno when cheque will be send.

it's 12% of initial investment, if there is anyone still wondering
scoop7
post Feb 18 2011, 02:54 PM

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QUOTE(kmarc @ Feb 17 2011, 11:34 PM)
Haven't got mine either. Already emailed them my complete form for direct debit.  sad.gif
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i think for 15 Feb deposit you have to do it before CNY.


Added on February 18, 2011, 2:55 pm
QUOTE(annkin_lim @ Feb 18 2011, 01:56 PM)
I'm interested. How to get it?
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read http://forum.lowyat.net/index.php?showtopi...post&p=40072090

This post has been edited by scoop7: Feb 18 2011, 02:55 PM
scoop7
post Feb 19 2011, 10:25 AM

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QUOTE(kmarc @ Feb 18 2011, 04:00 PM)
I think I received my dividend already. Not exactly 12% so I called them.

This is the calculation:
1 Jan - 5 March = 8%
6 March - 31 Dec = 12%

Minus 0.1% management fees

From my calculations, I received about 11.2% in dividends. Yippeee!!  rclxms.gif
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11.2% is still good right?
scoop7
post Feb 19 2011, 01:30 PM

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QUOTE(kmarc @ Feb 19 2011, 10:40 AM)
Yes, yes and YES!  biggrin.gif Why you ask such question?  hmm.gif

Anyway, I'm not sure how they are going to calculate the dividend from this year onwards. Whether it is still 2 different rates or one rate starting 1 Jan 2011.
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as long as %> fd or EPF, i'm happy
scoop7
post Feb 22 2011, 04:17 PM

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QUOTE(truth_seeker_09 @ Feb 21 2011, 02:08 PM)
Does CHGS customer service reply email once they receive? bcos i sent it last few days. i have not receive their email as well..
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yes, got my replies within few hours


Added on February 22, 2011, 4:18 pm
QUOTE(F1meteor @ Feb 20 2011, 10:48 PM)
aiks.. haven't got mine leh
mailed the form to them on Monday, 14th Feb
almost 1 week edi

eh, can fax the form? damn, i should have fax it instead of mailing...
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u mean slow mail? y u didn't fax?

This post has been edited by scoop7: Feb 22 2011, 04:18 PM
scoop7
post Mar 26 2011, 10:02 AM

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no problem with them so far. all smooth transactions smile.gif
scoop7
post Mar 28 2011, 12:07 AM

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QUOTE(airline @ Mar 26 2011, 04:55 PM)
Less la. If more, I won't complain. But they say calculation correct.
Did they change name. During mapex, I saw another company offering same scheme palm oil.
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i don't think they changed name.

i noticed there is another company doing the same business as CHGS. Price per plot much higher
scoop7
post Oct 13 2011, 06:51 PM

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Just got an email confirmed next year payout is min 12%
Anyone else can confirm?
scoop7
post Oct 14 2011, 02:02 AM

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QUOTE(kmarc @ Oct 13 2011, 08:13 PM)
Haven't received anything yet. How come declare dividend so early? I thought it is around Feb?  hmm.gif
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It's not really declare dividend. It's like telling investors due to high cpo price tis yr, dividend next yr will b at least 12%
scoop7
post Feb 19 2012, 03:22 PM

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QUOTE(stonkong @ Feb 18 2012, 01:02 PM)
mine received as well. hope to have the general meeting soon.
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what to do in the general meeting?
scoop7
post Dec 27 2012, 02:33 PM

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QUOTE(syazman @ Jul 30 2012, 08:39 AM)
I'm waiting for so long to sell!
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have you sold yours?

if sold, can share a bit about how process?
scoop7
post Jan 22 2013, 10:59 AM

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I'm not going to be able to attend. I have not even received any letter yet.
How?

luckily i come to this thread often, else it might be too late to find out

What are we suppose to decide anyway? Anyone can list it out?


This post has been edited by scoop7: Jan 22 2013, 11:00 AM
scoop7
post Jan 22 2013, 01:33 PM

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QUOTE(chwong00 @ Jan 22 2013, 01:07 PM)
Means if agreement is not reach for 10% in 30 days and 90% in 2 year time, investor might not even get back the invested money?
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does this mean, either way minor holders get screw?
scoop7
post Jan 22 2013, 02:01 PM

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QUOTE(crewmy @ Jan 22 2013, 01:44 PM)
the difference is if you dun follow their plan, you get SCREWED left right centre top and down.
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So you think we should agree to it?

8th Feb dah balik kampung leh, how to attend?

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