Palm oil land in Terengganu for sale

3,000 acre plantation in Terengganu at RM25k per acre for sale.

Fortuna estate- urgent

This is a very important message to interested and capable buyers of big Palm Oil land in Sabah.

I have a few such big lands but we deal with this privately owned estate.

Fortuna Estate -Sugut land 17,480 Ac [ 17,120 ac fully planted and yielding] with oil mill, fertilizer mill and very infrastructure  The estate is located in Beluran, Sandakan about 120km from Sandakan Airport with direct flights to KL.

Summarised ages of the plants as follows:-

4-6 years   = 1,904 ha (29%);  7-15 years = 2,390 ha (34%); 15 and above = 2,503 ha (27%).

Gross revenue as audited for 2012 is about RM300m.

The Sale proposal:-

The sale is confirmed at RM43,000 per ac and not subject to any jack up in sale price.

The normal commission of 2% for the seller’s broker by the seller/owner.  3% to the brokers/agents of the buyer.  My group is 50:50 with the buyer’s broker/agent.  This will be handled by lawyers.

The seller / owner does not issue any letter but prefer face to face deal with the buyer [a must] and possible with presence of the broker/agents.  Brokers/agents including my group would sign a MOA with the direct broker/agent of the buyer of the deal.   If that is the case, my group in KK would represent all the broker/agent of the buyer. 

Terms by seller/owner:

1. First come first serve with the presence of buyer in person.
2. Earnest money of RM736,160,000 @2% RM14,723,200 or RM15m (nearest).
3. Proof of fund by any established bank etc.
4. Letter of Intent.

NB:  2,3,4 can be sent to me by email prior to the meeting – all keep confidential.

With the terms in 1,2,3,4 the meeting with the owner/seller can be arranged within one week in Kota Kinabalu even at night,

Term of commission:-

5. The seller/owner and the buyer must also agree to the said commission with an MOA.  My group is more concerned with the commission from the buyer.

Terms of dealing:-

Once items 1,2,3,4,5 are fulfilled, and at the meeting immediately an MOA would be signed by the seller/owner with the buyer and even on the spot to proceed to the next stage – the due diligence- which may take one week or more. I as the Chartered accountant can assist in the Due diligence exercise with an agreed fee  At the same face-to-face meeting, the terms forward like time schedule of  the Sale and Purchase Agreement and possibly the site visit to be arranged would be laid out in the MOA.  Suitable lawyers on both sides would handle the legal aspects.  Hopefully the S&P can be done within 3 months.

The transfer of shares of the companies owning the estates would be easy/time saving and cheaper than transfer of the land titles which can be laborious and very costly in terms of stamp duties.

Joshua Kong Yun Chee 6013-8394513; 6012-8380897, jknow823@gmail.com [ email/sms preferred]

about 2000 ac palm oil land in Telupid, Sandakan.

For sale about 2,000 ac of fully grown palm oil land in Telupid.


anyone interestedbuyer  and the price is less than RM30k per acre.

JV project in Labuan

There are 3 pieces of adjoining road side land along Jln OKK Daud Labuan opposite Matricalasi with acreage of about 3 hec.

The land owners would like to have a joint venture project.

latest productivity figures from BGSB oil palm

January 2013 - 12,770 mt ffb
June 2013  - 13,200 mt  ffb.

Island near Labuan for sale

 This is an ETP

more details to come soon..

CL 650 ac for sale zoned for O & G industries.

Anyone interested in 5 star Resort & Hotel in KK

It is worth almost RM3 billion and selling everything.

Sarawak oil palm land for sale

61 k acres in Sarawak with mills  intended to be sold to best offers.

Details to come.

Red Herring by UMB?

http://www.theedgemalaysia.com/property/236757-united-malacca-warns-of-scam.html

cannot copy this article.  26 April, 2013

Stay tuned here for more OP estates

 29k ac oil palm estate available for sale - get the LOI and 5% deposit of RM1b.

more details to come.







Stay tuned here for more OP estates to be on the market.

I will get more items on sale but you work to get buyers.

We share the "fees" in various ways depending on each case.

All interested parties are welcome.

Kuala Penyu and Klias river.

200 ac of land under the sea water along Klias River near Kuala Penyu.

Any offer for RM3m?

18k+ acres of fully planted oil palm land for sale

 

Land possible still available as only LOI received and no cheque given.  27 May, 2014 - land is still available

17k acre in Labuk / Sugut, Sandakan.

Two mills – oil and fertilizer.

Fully planted.   2013 net profit almost RM100m.

Sell company and shares hence saving in stamp duty on transfer.

Price RM48k - RM50k per acre.  About RM900m.

Deal with sole PA holder.

Joshua

18k+ acres of fully planted oil palm land for sale Land for sale worth over RM850m in Sandakan area @ about RM46,000 - RM50,000 per ac
The estate with fully planted oil palms of 3, 5 and 15 years as 20%, 50% and 30% respectively.
The company owns an oil mill with annual production of over 500,000 tons from own fresh fruit brunches and purchased fruit brunches from three collection centres nearby.
The estate also has a fertilizer mill to produce pellets from the waste of the palm oil for own consumption and sale to other estate.
If any one is interested and financially capable to buy this oil palm estate you have to write a letter of acquisition to the company and forward the letter to me Joshua Y. C. Kong, P. O. Box 11923, 88821 Kota Kinabalu, Sabah.

why MACC comes into this deal?

SPRM is still silent as I already complained to MACC on the officer Almari...


Has MACC done all other pressing jobs in corruption rather than get involved with this deal?

Who want to lodge a Police Report against MACC now ?

What are the grounds for the MACC to interfere with this deal?

Would anyone not happy with this deal tell me?


I know this is a valid business deal and above the Board.


Joshua Y. C. Kong 013-8394513

11. google 2012

co-ordinates of Nabawan.

5.0382684, 116.4274157

or 

Nabawan, Sabah

5.041572, 116.426742

this is THE BILLIONAIRE to be

I have been offered since November, 2013, a wonderful chance to make you a billionaire if all goes well.

It is over to you.

The land you can develop is 86,000 acres for Industrial Trees Project in an Forest Management Unit in the central Sabah.

The owner is interest to secure interested investors with their own proposal over a logged over land.

I think you can think of all the possible trees only you can grow in the land and the potential is great.

Before you can participate please let me have your profile.


This is from the land owner --- very frank in an email to me---

Dear Mr Kong,

Our stance has not changed from my last email to you on the 23rd of December last year. It is not our company policy to give out letters to people to approach others for investment. As I have said many times to you in the past, if your group does have a concrete proposal, I am sure our directors will be happy to meet you for a presentation.

As I have also said, we do not have concrete terms and conditions that we are going to impose on any proposal. Your group is welcome to propose any project which you think is suitable for the FMU. This will be brought up for consideration to our board of directors and I hope you respect their right to accept or reject any proposal. 

Please bear in mind that your group and you are just one of many interesting avenues which we are exploring at this point in time. 

Thank you.

Best,.

Buyer needs to do this..

 Hope this will help to close the deal:-

BGSB’s 25k acre of Palm oil land in Kinabatangan, Sabah in two CL titles

What an interested buyer need to do..

1. Prepare a bank draft for 5% of the sale price of RMXXXm at RMXX,000 per acre.
2. Get a letter of interest addressed to Borneo Glow Sdn. bhd. attention Joshua Y. C. Kong
3. The bank draft would be deposited with the buyer’s lawyer.
4. A copy of the bank draft to be sent by email to jknow823@gmail.com together with the letter of interest.
5.  on receipt of the bank draft and loi, we will forward this to the  “joint sellers.”
6. the “joint sellers” would have to sign an moa on the commission payable to 4 groups including the sellers and buyer side.
7. The arrangement would be arranged by lawyers on both sides after a MOA is done between the buyer and the Sellers when

the bank draft would be handed over to the lawyer of the “joint sellers”.

8. A site visit can be arranged and once the deal is on, the Sale & Purchase Agreement would be ready within 6 months.
9. Terms and conditions would be spelt out on the payment schedule in S& P.

                                                                                                                                                              

[NB:  the joint sellers would not issue option letter or PA document]



my handphone is 6013-8394513 & 6012-8380897

The stumbling block now is that many people want to buy
BGSB plantation but never come up with the solid documents namely the 5% as commitment fee and the LOI together with some bank's support if available.

BGSB cannot come up with a resolution which need to be handled by a board of director's meeting.

BGSB and UMaB want to be in background of this latest deal.
There is already a gentle agreement but confidential.

If my friend could come up with resolution, he could have concluded the deal long ago.

Also nobody has come out with 5% earnest money in a bank draft.

After 5% bank draft is obtain together with LOI from the buyer, you just send me a scanned copy by email and the same to be handed to the buyer's lawyer for safe keeping until the time the BGSB agrees to enter the deal.

The bank draft would be payable to Borneo Glow Sdn. Bhd. and the LOI addressed to BGSB but attention to Joshua Y. C. Kong C/o P. O. Box 11923, 88821 Kota Kinabalu.

Once I get the essential two items (copy only), I and my friend will approach BGSB for our commission as per MOA signed by the groups working at this including the buyer side.

land still on offer

Owner (actual owner- caveat?) want to sell for a good price.

1.  No Option letter to anyone,
2.  Buyer issue LOI to the "owner" together with a photocopy of bank draft of 5% of the selling price,
3.  Seller's lawyer direct issue letter of undertaking for our commissioning of site visit,
4.  Site visit,
5. After site visit, if yes -proceed to prepare MOA and hand over the original bank draft to seller's lawyer,
6.  Prepare S& P agreement where terms and conditions including more payment per schedule.

my handphones are 6012-8380897; 6013-8394513 and jknow823@gmail.com


Briefly this almost fully grown palm oil land of 25k ac in two titles in Kinabatangan near Keningau is for sale for more than @RM20k per ac. The ages of the palms are 2-10 years. Approx 22k acres planted and unplanted area is about 3k ac.  10k ac are in production.

At the present moment it is caveat to prevent the "registered owner" on the land title to sell the land.