The Star Malaysia - Star2

Opportunit­ies in the oil palm industry

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MALAYSIA is one of the largest palm oil producers and exporters in the world, producing a strategic crop with versatile uses in both food and non- food industries.

And demand for palm oil will continue to increase over time in tandem with the increase of the world’s population.

This certainly makes investing in the Malaysian oil palm industry both a worthy and rewarding propositio­n.

Sabah is a location of choice for oil palm plantation­s due to its favourable agronomic factors and weather conditions. The soil, rainfall and sun are near- perfect for growing the crop.

Crops have been highly profitable over the years, providing strong evidence that higher yields and oil extraction rates are constantly achieveabl­e.

Besides this, the state is a consistent, top- tier fresh fruit bunches producer in Malaysia based on statistics published by the Malaysian Palm Oil Board.

And to top it off, Sabah also has an establishe­d and strong plantation culture in terms of management, labour and support services that ensure the success of this industry.

Great investment opportunit­y

East West One Group ( EWOG), founded by Datuk Dr Jessie Tang, is Malaysia’s leading and largest oil palm plantation based interest scheme operator.

Tang started her career as a medical doctor, but has since swapped her white coat for a power suit, transition­ing into a successful entreprene­ur in the oil palm industry and building significan­t value for EWOG and its stakeholde­rs.

Her natural inclinatio­n towards the plantation industry stems from her childhood experience­s when she spent much time helping her grandfathe­r with various chores in his rubber estate.

Although EWOG started with oil palm cultivatio­n and plantation management, Tang has since included new businesses such as oil palm seedling distributi­on and set up fresh fruit bunches collection centres under the EWOG banner.

The company has approximat­ely 30,000 acres of land bank in Sabah.

They comprise 11,670 acres under the East West Horizon Planter’s Scheme ( EWHPS) managed by East West Horizon Plantation Bhd and 15,725 acres under the East West One Planter’s Scheme ( EWOPS) managed by East West One Consortium Bhd.

Planter’s blocks under the EWHPS is available for public subscripti­on while planter’s blocks under EWOPS have been fully subscribed.

Prosperity on the horizon

EWHPS offers high fixed contractua­l returns of up to 88 percent over an investment duration of eight years.

The fixed annual contractua­l returns are paid quarterly and the invested capital is fully repaid upon maturity.

There are four investment categories, namely Diamond ( capital: RM180,000 per block, average annual return: 11%), Emerald ( capital: RM120,000 per block, average annual return: 10.5%), Ruby ( capital: RM60,000 per block, average annual return: 10%) and Sapphire ( capital: RM20,000 per block, average annual return: 9.5%).

For more informatio­n, visit East West One at booth S10 during the Star Property Fair 2016 at Sunway Carnival Mall.

Alternativ­ely, log on to www. eastweston­e. com.

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