EWOPS is an oil palm plantation investment scheme, approved under the Interest Schemes Act 2016. EWOPS allows investors to reap fixed monthly returns paid on a quarterly basis, with the investment capital payback upon expiry of the term of Planter’s Agreement.
EWOCB is a company incorporated on 29th July 2004, who engages in the oil palm plantation business, particularly the development and subsequent management of oil palm plantations. EWOCB manages EWOPS as approved under the Interest Schemes Act 2016.
There are 4 categories of investments each with different selling price. They are Premier Category (RM58,888), Gold Category (RM28,888), Silver Category (RM10,000) and Bronze Category (RM5,000).
Investors can invest via online transfer, credit card (surcharges apply), and cheque deposit. Each investment needs to be supported with the following documents and forms:
- Photocopy of investor(s) I/C or passport
- Photocopy of beneficiary I/C or birth certificate
- Stamp duty deposit slip (RM40 per application/ investment)
- Photocopy of investor(s) savings passbook or bank’s statement
- 2 sets of signed Agreements
- 1 set of signed Application form
Yes. Investors can have a joint investment with another person. The maximum number of investors are two investors per investment. The quarterly net return is paid to one account only, regardless of whether it’s a joint bank account or individual bank account. Depending on the joint investors’ decision stated in the application form, the net returns can be made payable to an individual bank account (Principal Applicant Only) or a joint bank account (Both Applicants Name).
The investor has to be at least 18 years old (after his/her 18th years old birthday) and above to be eligible.
There are no investments limitations, investors can invest as many as they like depend on the blocks’ availability.
Investors will not be entitled to any share of land as they are only investing in a share of interest of the scheme. However, they will receive the Planter’s Agreement and Certificate in return for their investment, which entitle them to a specified fixed return and the return of capital upon the expiry of agreement period.
Annual return (%)
- 1st 5 years – 8%
- 6th year – 10%
- 7th year – 14%
- 8th year – 16%
- 8% annually for 6 years
- 1st 5 years – 8%
- 6th year – 9%
- 7th year – 11%
- 8th year – 12%
- 8% annually for 8 years
Investors will receive their 100% invested capital, after EWOCB has received investor’s original agreement and certificate upon maturity.
Pacific Trustees Berhad will pay the dividends into the investor’s bank account directly, on a quarterly basis, which will be at every end of March, June, September and December. Investors will also receive quarterly net return statements from the Management Company. For more details, please refer to Clause 14.10 of the Prospectus.
Investors will receive their dividends every quarterly and they are not entitled to accumulate all the dividends to increase their initial capital fund.
After the date of full payment by investor, the Management Company will issue a Planter’s Certificate to the investor within 60 days, evidencing their investment in EWOPS
The risk is almost negligible because the returns are fixed, as stated in the net yield schedule attached in the agreement.
You may transfer your Planter’s Block(s) to another person or sell back to the Management Company after 12 months from the commencement date of Planter’s Agreement, with the following documents/ fee incurred:
- Transfer to another person
- Transfer form and Transferee’s undertaking form (can be found in the agreement)
- Original agreement and certificate
- RM40 (Stamp duty), RM15 (Payment of prospectus), RM100 (Transfer fee) – all to be deposited into MBB 5601 0211 1371 (East
West One Consortium Bhd)
- Existing investor to request in writing pertaining to the transfer of investment o Photocopy of transferee(s) I/C or Passport and bankbook.
- Sell back to the Management Company
- Repurchase form (can be obtained from any Marketing offices)
- Original agreement and certificate
- Existing investor to request in writing pertaining to the repurchase of investment by the Management Company
The actual repurchase consideration will depend on the duration between the 1st Anniversary of the commencement date of Planter’s Agreement and the date of repurchase. For more details, please refer to Clause 5.2 of the Prospectus.
The trustee will only pay the fixed quarterly returns to the investors whose names were registered in record at the time of payment. No pro rata payment between transferor and transferee will be entertained.
EWOPS shall continue to exist for as long as there shall be a valid Planter’s Agreement, Planter’s Blocks and Planter’s Certificate. However, the Trustee can appoint another management company.
EWOPS is an investment with fixed annual return based on the investment category, and a 100% return of capital upon maturity. As for unit trust, investors can choose their preferred mutual fund based on their risk tolerance (higher risk and return with higher investment in equity investment, and vice versa). Risks often associated with the unit trust industry include market risk, interest rate risk, credit risk, investment manager risk, country risk and currency risk or foreign exchange, and thus, investors may not be able to get the full investment capital back at the end. EWOPS and unit trust are both collective investment schemes that gather the investment of large number of investors. Although EWOPS is exposed to business risks, most notably inherent risks associated with the oil palm industry, these risks are mitigated through effective resource management, close supervision of oil palm plantation and effective cost control policy.
EWOPS is approved under the Interest Schemes Act 2016. This scheme is low risk in view of stringent vetting by the Companies Commission of Malaysia to safeguard the interest of investors. Moreover, fixed monthly returns are paid every quarter by the trustee, with fixed medium term investment period, at a fixed net return based on the investment category. EWOPS also offers full capital payback at the expiry of investment period by the Trustee.
Foreigners can invest in EWOPS so long as they have a valid bank account in Malaysia. EWOPS is denominated in Ringgit Malaysia (RM).
EWOCB has appointed Pacific Trustees Berhad as the Trustee who acts as trustee for the benefit of the Planters to which the Trust Deed relates. Trust Deed protects the interests and rights of all Planters, and also sets out the duties and responsibilities of the Trustee. Pacific Trustees Berhad will be responsible to ensure all terms and conditions stated in the agreement are adhered to.
We have 15,725 acres of land under this plantation investment scheme which is located in Ranau, Sabah.
Sabah has the vastness of land for a steady plantation sector, its agronomic factors, in particular, good soil and even rainfall are most suitable for oil palm cultivation. Sabah’s excellent growing condition is well-documented in the statistics of the Malaysian Palm Oil Board (MPOB) – the authority on oil palm in Malaysia-as the highest yielding area for the crop’s cultivation.
No, EWOPS is not a “Ponzi Scheme”. The Management Company will start harvesting in the 4th year and cash flow from operations are used to pay investors upon maturity.
The Management Company is unable to initiate any early termination of the scheme without convening a meeting of planters for a 3⁄4 majority in value for adopting a resolution in favour of such proposal.
Yes, the Management Company has taken up insurance coverage on key risks for the physical assets of the Plantation, in line with the industry practice
It is the same as an Act of God, where a chance occurrence beyond the control of the Management Company has occurred, thus resulted in delaying the fulfilment/termination of the terms stated in the agreement.