18/05/2012 (Bernama) - East West One Consortium Bhd has launched the East West One Planter's Scheme which guarantees an average annual return of between eight and 10 per cent for short term investments of six to eight years.

Chief Executive Officer Dr Jessie Tang said investors in the planter's scheme would receive their full capital payment upon maturity.

"We are optimistic that palm oil production would be profitable as a long term investment as the industry holds great promise for growth, given its wide usage and global demand," she said at the launch ceremony officiated by Plantation Industries and Commodities Minister Tan Sri Bernard Giluk Dompok here Thursday.

Business Development Advisor Lee Chong Seong said the company wanted to sell all of its RM213 million worth of products within the period allowed by the Companies Commission of Malaysia (SSM), two years from December last year.

"Moving forward, we are actively looking for land to acquire and the best areas for oil palm planting in Sabah would be Tawau and Kalabakan due to high rainfall," he said.