Author: Syed Abid

FINTERRA Global Plantations is proud to announce that the funding for the first 500 acres of its Paulownia Plantation project in Kedah, Malaysia has been completed within just 70days (30th Sep). The interest generated for this low risk, yet high yielding investment opportunity has been overwhelming and the fund was oversubscribed by 1.2 times.

The funding for its Phase II begins on 1^st Nov 2020 to 30^th March 2021 with the overall target to raise RM25 million. The opportunity is through the issuance of Islamic Redeemable Preferential Shares (iRPS) which adheres to regulations and is Shariah compliant, paying-out a quarterly dividend of 12%p.a. With pay-outs of dividends having already started for investors that came into Phase I. It is important to note that additional safety measures have been put in place, such as securing a corporate buyback agreement and also corporate guarantees from the contract farmer of the entire project, as-well-as making sure all investor agreement are stamped by Tax Authority (LHDN).

This green forestation project is in collaboration with United Paulownia Plantation, a direct affiliate of Green Afforestation International Network Sdn Bhd (Gain Green), which is a forestry farm management company specializing in Paulownia timber farming. The strategically planned planting and harvesting agreement of the Paulownia timber tree is aimed to meet the demands of timber industry by planting a special species of paulownia tree which is fast growing and non-invasive. This will help in addressing the timber shortage in Malaysia and internationally while enabling for afforestation activities.

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Preview(opens in a new tab)about:blankChange block type or styleChange text alignmentAdd titleFGL OPENS PAULOWNIA PLANTATION PROJECT (Phase II)

FINTERRA Global Plantations is proud to announce that the funding for the first 500 acres of its Paulownia Plantation project in Kedah, Malaysia has been completed within just 70days (30th Sep). The interest generated for this low risk, yet high yielding investment opportunity has been overwhelming and the fund was oversubscribed by 1.2 times.

The funding for its Phase II begins on 1^st Nov 2020 to 30^th March 2021 with the overall target to raise RM25 million. The opportunity is through the issuance of Islamic Redeemable Preferential Shares (iRPS) which adheres to regulations and is Shariah compliant, paying-out a quarterly dividend of 12%p.a. With pay-outs of dividends having already started for investors that came into Phase I. It is important to note that additional safety measures have been put in place, such as securing a corporate buyback agreement and also corporate guarantees from the contract farmer of the entire project, as-well-as making sure all investor agreement are stamped by Tax Authority (LHDN).

This green forestation project is in collaboration with United Paulownia Plantation, a direct affiliate of Green Afforestation International Network Sdn Bhd (Gain Green), which is a forestry farm management company specializing in Paulownia timber farming. The strategically planned planting and harvesting agreement of the Paulownia timber tree is aimed to meet the demands of timber industry by planting a special species of paulownia tree which is fast growing and non-invasive. This will help in addressing the timber shortage in Malaysia and internationally while enabling for afforestation activities.

FINTERRA Global Plantation welcome potential investors to join this unique investment opportunity which not only gives high returns but allows investors to support and get involved in socially responsible environmental project, while also receiving consistent high returns.FINTERRA GLOBAL PLANTATION BrochureDownload

Syed Abid
syed.abid@finterra.org

FINTERRA Global Plantation welcome potential investors to join this unique investment opportunity which not only gives high returns but allows investors to support and get involved in socially responsible environmental project, while also receiving consistent high returns.