|
Rewards Group Tropical Fruits Project 2008 |
|
Cash Rebate |
8.25% |
|
Closing Date |
CLOSED |
| Minimum
Investment |
$9,500 (ex
GST) |
| Term of Project |
20 years |
|
Research |
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AAG |
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|
ATO Product Ruling |
2008/24 |
|
Telephone: |
1800 111 781 |
|
Fax: |
(08)
9324
2155 |
Finance Details
Rewards offers finance options with 100%
GEARING available – No Deposit Required.
The cut off date for finance applications (including
full financials) is by Close of Business
(WST) Wednesday 11 June 2008, Finance
applications received after this date may not be
accepted into the Project. Please ensure the Finance
Package Checklist is completed carefully and the
entire booklet is returned with supporting
documentation. Both the Grove application and
Finance application forms need to be signed and
witnessed in the relevant areas.
For CASH and 12 MONTH
INTEREST FREE TERM applications, all
documentation must be received in full by Rewards
Group by midnight Sunday
15 June 2008 in order for it to be
accepted.
The Opportunity
The Rewards Group Tropical Fruits Project 2008
offers Growers the opportunity to participate in
Australia’s horticultural industry. To be
established near Dandaragan in Western Australia and
Mareeba, Kumbia and Childers in Queensland, the
Project will result in the establishment and
operation of intensively managed, irrigated stone
fruit and mango orchards.
Project details
The PDS offers about 2700 Groves of 0.05 hectare
each at an issue price of $5,225.00 (inclusive of
GST) per Grove.
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• |
The Project is
supported by Australian Taxation Office Product
Ruling 2008/24. |
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• |
Applicant Cost per Grove -
$5,225.00 (inc GST) |
|
• |
Minimum number of Groves per
application - 2 Groves |
|
• |
Minimum investment amount -
$10,450.00 (inc GST) |
|
• |
Size of Grove - 0.05ha |
|
• |
Project duration - 20 years |
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• |
Ongoing annual management are
required |
|
• |
Annual insurance fees (if finance
is taken) will apply. |
|
• |
Finance options with up to 100%
gearing available |
|
• |
Finance applications close on
5:00pm Wednesday 11 June 2008 |
|
• |
Project closes on Friday 15 June
2008 |
|
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The range of locations and fruit varieties
increase crop, harvest times and geographic
diversity.
Growers will be entitled to significant tax
deductions for expenditure in the financial year
in which they are incurred.
The Project will operate for approximately 20 years, with a harvest occurring every year, including the first year. The Project will produce high quality fruit, that has immediate access to established domestic and developing overseas markets. A significant feature is the Project will produce stone fruit substantially earlier than the major stone fruit producing regions in southern Australia.
The Industry
The Queensland mango and Australian low chill stone fruit industries were estimated to have a farm gate value totalling $100 million in 2005/2006.
High quality fruit, established domestic and developing overseas markets and the capacity to supply mangoes and stone fruits when fruit from southern Australia is not available, creates a favourable market opportunity.
 |
By
selecting Rewards Group to manage an
investment in the Rewards Group Tropical
Fruits Project 2008 you will be
selecting a manager that offers the
following benefits to participating
growers:
Australia’s leading
private fee for service farm manager:
Rewards’ focus is on returns to growers
- not ASX listed shareholders.
Selecting ‘high value, low volume’
projects:
Growing the right commodity for the
right market at the right time is a
hallmark of Rewards’ projects. Rewards'
focus on only growing ‘high value, low
volume’ commodities: this is their
unique selling proposition and their
focus for a profitable outcome for
participating growers.
Well researched projects:
Each year Rewards continues to receive
high ratings from stringent independent
research houses, with extensive
experience in determining quality
agribusiness projects.
Competitive finance
arrangements:
By sourcing an attractive finance
package from an independent provider of
finance, Rewards’ projects become more
affordable on a day to day basis and
complement overall wealth creation
strategies for participating growers.
Owner Managers:
The shareholders of Rewards Group
actively manage growers’ investments on
a day to day basis.
Their
remuneration is dependent on
their
ability to manage this Tropical
Fruits Project for a successful outcome. |
The information contained above is intended to
only provide a general overview of the contents
of the Product Disclosure Statement (PDS). It is
not intended to be a recommendation to purchase
any securities of any kind nor be specific
advice of any kind. Whilst every effort has been
made to ensure the accuracy of information
contained here and the PDS, no person should act
specifically on the basis of the material
contained herein.
No investment objectives, financial situation or
particular needs of any particular person have
been considered in preparing this information or
the PDS. Prior to investing in this or any
Rewards’ project or scheme, a person should
obtain a copy of the PDS, assess the suitability
of the investment to their financial needs and
consult an independent professional if
necessary. |
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Simply download an Investment
Brochure/PDS above. It’s that easy! |
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