Country Heights Grower Scheme investors receives RM208m


KUALA LUMPUR: The management company of Country Heights Grower Scheme (CHGS), Plentiful Gold-Class Bhd has handed over RM208mil to the trustees of the now defunct scheme.

The monies comprise of three payments including 90% capital refund of RM182.9mil, RM25mil goodwill payment from scheme founder Tan Sri Lee Kim Yew and 10% refund payment amounting to RM200,750 unclaimed money by some growers.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

HR challenges in strata property
It looks terrific for terraced houses
Beware the tax
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated
Strained by lack of positive catalysts
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Robust economy to boost banking
Schooling kids on money use
Don’t delay merger control, empower MyCC as the sole regulator

Others Also Read