PETALING JAYA: The Companies Commission of Malaysia (CCM) is probing Country Heights Grower Scheme's (CHGS) proposed early termination, summoning the managing company's senior representatives and trustees to determine if they had complied with the laws, rules and regulations.
CCM, which regulates interest schemes in Malaysia, clarified that in accordance with CHGS's trust deed and related agreements, an early termination of its scheme was allowed, as long as the terms and conditions of early termination as stipulated were fully complied with.