Plantation Capital / Asia Plantation Capital

[Proffesor]

I'm on a fishing expedition.

Does anyone know of / have experience with, either of these organizations, please ? I believe that back in 2009 one of the originating businesses may have been "OxiGen"

Please feel free to P.M. me.

Thanks in anticipation.

The Proffesor

[Thai Spice]

I was approached by them in HKG. You know, the expat financial adviser with a fantastic offer.

They are growing some precious wood (agarwood) and also making some oil that is used for perfumes.

The idea is you buy trees (saplings or full grown) and then then receive dividents yearly, etc... I digged a bit into it, did some research on the net, even visited their HKG office (pretty glamour and fancy place, which is already a red flag..)

I asked a serie of question about certificates of ownership, liquidity of resale market, organisation chart, etc.... Was not interested but digged just for the fun.

To many red flags. Ran in some regulatory problems in SGP. Glamorous office, organise expensive "plantation visits" for investors so you can "see your treez", etc .... When I highlighted that gen expenses look high to me, no answer. 

Checked their Glassdoor reputation, several ex employees posted a bit of "insight"

Conclusion : stay away. Better places to put your money. 

 

 

[KWA]

A UK based financial forum throws up a couple of links.  OxiGen in the first one, Plantation Assets in the second.

https://forums.moneysavingexpert.com/showthread.php?p=75611167

https://forums.moneysavingexpert.com/showthread.php?t=4747159

Don't just stay away, run away.

[Stillearly]

I remember these company names from an old thread over on Secrets .... If there isn't much info about them In the public domain then I would keep well away ....

[Steelers4Life]

I'll stick with betting on football and the occasional trip up to Atlantic City. If I am going to throw my money around and lose, at least I can blame myself, not some shyster farangs in SEA.

[Thai Spice]

No answer from O.P. ?

Did we just kill another business plan here ? 🤣🤣😂😂😂

 

[fygjam]

On 7/11/2019 at 5:49 PM, Proffesor said:

I'm on a fishing expedition.

[Proffesor]

Update.

After extended negotiations with Executives based here in Bangkok, an agreement has been reached whereby the return on my original investment is to be paid.

Thank-you all for your insights.

[code_slayer_bkk]

^^^^  How much baht did you forfeit ( lose ) ?

[Proffesor]

Nothing "lost" as yet.

Not going to give details at this stage, other than to repeat that an agreement has been reached whereby my original investment, plus a return, is to be paid.