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

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yim1234567
post Mar 4 2011, 03:15 AM

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Hello Guys & Girls

So some of you guys & girls already received your payments for 2011??
Pls do let me know as i am not from KL
Therefore if CHGS need investor to go to their office to take payments, i need to make arrangements.

Thank you very much
yim1234567
post Mar 8 2011, 09:58 PM

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Thanks for your reply
But to whom i should fax/sent the debit form after filling up?
I purposely took a day off to went to their "office" today using the address i got from their website www.chgs.com.my
However i was surprised that the whole MIECC ground floor almost empty and i did not manage to find the "M" row as stated in their website.
Any idea where they have move? or they actually did not exist? huh.gif
yim1234567
post Mar 10 2011, 12:00 AM

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QUOTE(tanta2008 @ Mar 9 2011, 03:40 PM)
I called CHGS office today, the customer services lady told me there were technical problem in dealing with the bank for the direct bank in, hence they decided to stop this direct bankin and instead revert back to printing the cheque and post to investor. She promised my cheque will be arrive in March this month itself.

I donot know what else i can do now except for waiting till end of march.
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hi ... which number did you call ? i hope i am in the same category as you are that is going to receive payment in Mac
yim1234567
post Mar 11 2011, 02:14 PM

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QUOTE(tanta2008 @ Mar 10 2011, 10:15 AM)
03-89411888, this is the office number i got from their website. The customer service line very busy, i actually tried few times to get in. you may try and let me know if they tell you a different story
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i managed to get thru first time dialing maybe bcos after lunch time.Talked to a girl named Jolene and she said the same things as you said that they will be printing the cheques and send to growers and the growers will be receiving it by end of Mac

This post has been edited by yim1234567: Mar 11 2011, 02:16 PM
yim1234567
post Mar 11 2011, 02:22 PM

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QUOTE(tanta2008 @ Mar 11 2011, 12:02 PM)
Let me add further on the strange thing. 3 days ago i find it too long for not receiving the cheque since the news came out in Jan, so i call up my CHGS agent. He claim he send email to everybody but i didnt receive the email for the obvious reason i didnt give them the email address during the purchase. I was shock to know that if i never call my agent, i wouldnt know about this edividend thingy and how long CHGS gonna keep me in the dark ? I believe i am not the only one didnt provide email address at the time of signup for this program. How can CHGS ignore / keep quiet for those investor with no email address given ?
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Yes most of the things they do made no formal announcements. It sounds like that they run out of manpower to contact the investors or that they already get the money from us so not much follow up needed to be done.
As i said i already tried to drop by their office mentioned in their website but i found that they have actually moved out from the specific address.
And this they dont even bother to update their webpage. So what can we expect them to do more to inform investors?
i think i would sell off my plots after i got my payment.
yim1234567
post Mar 21 2011, 11:52 PM

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QUOTE(tanta2008 @ Mar 10 2011, 10:15 AM)
03-89411888, this is the office number i got from their website. The customer service line very busy, i actually tried few times to get in. you may try and let me know if they tell you a different story
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hello i have received their cheque today
yim1234567
post Mar 23 2011, 09:39 PM

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QUOTE(truth_seeker_09 @ Mar 22 2011, 04:42 PM)
For those received div by cheque.
Does the dividend voucher write down the details?
eg. from jan-mar is X%; apr -dec is y%?
service charges and so on?
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Hello truth seeker

Yes
Jan 10 to Mac 10 =8%
apr 10 to Dec 10 =12%
management fee = 0.1%

why? anything strange or miscalculate?
yim1234567
post Mar 29 2011, 03:49 AM

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the growers investment club need to pay .. not worth it
honestly i am not sure how they actually calculate our bonus.
if my grower's fee is RM 7000, how should it be calculate for the 3 months rate of 8% and 9 months rate of 12%?
Did anyone mind to help me with the formula?

This post has been edited by yim1234567: Mar 29 2011, 04:19 AM
yim1234567
post Apr 10 2011, 06:27 PM

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QUOTE(500Kmission @ Mar 31 2011, 12:28 PM)
I think they have give u the formula to show how to calculate, right?
i think as long as they give us more than 8% which is more than most of investment, that is ok to me.


Added on March 31, 2011, 12:29 pm
check the calculation with the cheque.
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Hi 500K

There is no formula to show how to calculate on the cheque, they just showed me the % paid for the first three months and the following six moinths.
I actually purchased for 5 slots but on top of the payment cheque it only showed the pricing for one slot.
So i am suspecting they might be paying me less and i wish to know how it is being calculated.


Added on April 10, 2011, 6:31 pm
QUOTE(500Kmission @ Apr 7 2011, 10:50 PM)
anyone know how to sell my CHGS slot or what the step by step to sell my slot is; and what is the meaning of online trading and buying pending?
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You need to register yourself on the website.
Then they will provide you a password.
Once you can login, you can click on your profile.
And you will find the number of slots you have.
Click on whichever slot you want to sell.
Then your sale will be either online trading or buying pending.
Buying pending i think should be referring to that someone is buying your slot or the CHGS is buying it back first.
Online trading is open for everyone to buy.

This post has been edited by yim1234567: Apr 10 2011, 06:31 PM
yim1234567
post Apr 11 2011, 11:16 PM

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QUOTE(500Kmission @ Apr 10 2011, 10:35 PM)
but i find some slot still buying pending since jun 2010. it already take more than 9 months, why still pending?
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Well you got the point i did not realize some of the posting for sale already exceed 9 months.
If i am not wrong inside the agreement when we sell the units, it mention that the selling will be only for 3 months.
are you going to call CHGS to check about this ?
yim1234567
post Jun 13 2011, 12:51 AM

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QUOTE(500Kmission @ May 21 2011, 10:23 PM)
cant believe u reply something one mth before, but thanks for the comment. By the way, i have received money from CHGS for selling a slot.
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Hi 500K

how long did you wait to get your payment for selling the lot?
did they send you cheque as payment method? Thanks
yim1234567
post Jun 17 2011, 07:23 PM

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QUOTE(500Kmission @ Jun 14 2011, 07:23 PM)
One mth, but u need to call them.
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Oh the same number +(603)-894 11 888??? Its hard to get through.
Did they send you cheque or direct bank into your bank acct ?
yim1234567
post Jun 21 2011, 01:53 AM

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QUOTE(500Kmission @ Jun 17 2011, 11:08 PM)
I give them my account, they bank in for me. If you need cheque, you better go collect from them.
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Thanks .. i called them today .. how weird, she said she needs to get the director to sign off the payment before i can get my money. Just wan to get a director to sign a few thousand ringgit payment? how lame ..

 

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