EWHPS was launched by East West Horizon Plantation Bhd (EWHPB) with total gross land bank of 11,670 acres located in Ranau, Tambunan and Keningau in Sabah. EWHPS is the second oil palm investment scheme launched by East West One Group (EWOG). Although both the first (EWOPS) and the second (EWHPS) schemes are both simple and straightforward with a few investment categories to choose from, offer fixed quarterly returns during the tenure of the investment and full repayment of capital upon maturity of the investment tenure, they differ in terms of investment quantum and annual rate of returns.
EWHPS offers high-networth investors a safe and secure fixed term alternative investment in the form of Planter’s Blocks with high rate of returns. This scheme has been approved as an investment scheme under the Companies Act, 1965 by the Companies Commission of Malaysia (CCM) and comprise of four (4) investment categories namely Diamond, Emerald, Ruby and Sapphire with investment amount ranging from RM20,000 to RM180,000 and average annual returns of between 9.5-11.0%. These investments mature after eight (8) years and the returns are paid to investors on a quarterly basis by the appointed trustee. Principal investment amounts will be fully repaid to the investor at the end of investment tenure.
EWHPB is required by Companies Commission of Malaysia (CCM) to renew the Prospectus of EWHPS at every six (6) months interval. The Prospectus consists of details of the investment scheme including the accountant’s report, plantation site consultant’s report and statement by directors. The same is proofread and approved by both CCM and the trustee before publication by EWHPB.
TMF Trustees Malaysia Berhad has been appointed to ensure investors’ investments are safeguarded, monthly net returns are paid into the personal bank accounts of investors at the end of each quarter and adherence to all terms and conditions as stated in the Planter’s Agreement. International accounting firm Crowe Horwath has been appointed to audit the investment scheme and accounts of EWHPB every half yearly to ensure transparency.