Country Heights Grower Scheme (CHGS), anyone heard before?
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 Nov 1 2007, 09:50 PM
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#1
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Senior Member
3,784 posts Joined: Jun 2005 
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if the deal is so good, why dun hv banker/hedge fund finance it?
8% return quite safe.. CH got any experience wif palm oil or not? synergy drive got the world largest plantation but the world most profitable is IOI....not everyone knows how to do plantation....demand for palm oil is reaching peak...now close to 2006, by 2008 end or 2009 china may slow down... |
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Nov 6 2007, 10:05 AM
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#2
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Senior Member
3,784 posts Joined: Jun 2005
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QUOTE(keith_hjinhoh @ Nov 1 2007, 10:06 PM) there's some risk associated... 1) liquidator will b appointed. u will hv haircut said getting back 25% of initial capital, wat said u...not too bad scenaria since u get back 49% [8x3 + 25]1st. Risk of the company winding up, therefore, no one would be paying the grower. However, the trustee may appoint a new management to takeover the plantation. 2nd. Lack of liquidity, management is not responsible to buyback ur lot. Your money stuck would be stucked untill you can get someone to buy from you. This is wat i feel bad about. 3rd. Long period (23 years) What i'm curious is just after 23 years what would happened to my initial investment cost 5500? Is it just gone like that? Or somebody is going to buy back from me?  2) with large span of investors..i wonder this will become pasar when things didnt go smoothly.. 3) 23years later u might get back 5500..money guarantee np  |
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Feb 7 2013, 05:05 PM
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#3
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Senior Member
3,784 posts Joined: Jun 2005
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when i heard this guy got such scheme dun even need to read what prospectus...........anyone who asked me this scheme i said dun go....sure ko..sometimes u must look at the profile of the person who run the show..
if robert kuok sure can la |
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