Interest Scheme
A trustee is appointed to protect the rights of interest holders according to trust deeds or scheme agreements.
Currently, Pacific Trustees serves as the appointed trustee for various types of Interest Schemes, including:
- Golf and Recreational Clubs
- Timesharing and Investment Schemes
- Memorial Parks
Our Clients :
- Golf & Recreational Clubs: 18 clients
- Timesharing: 9 clients
- Sharefarming: 4 clients
- Marina Club: 1 client
- Recreational Clubs: 7 clients
- Memorial Parks: 7 clients
- Equipment Sharing: 1 client
- Hybrid Scheme: 1 client
Presently, Pacific Trustees is the appointed Trustee for various types of Interest Schemes, including Golf and Recreational Clubs, Timesharing and Investment Schemes as well as Memorial Parks, for the following clients:
Golf/Recreational Club
- Templer Park Country Club,Selangor
- Pulai Springs Resort & Country Club, Johor
- Lumut International Yacht Club, Perak
- Cinta Sayang Golf & Country Resort, Kedah
- Royal Palm Springs Golf Club, Negeri Sembilan
- Impian Golf & Country Club, Kajang
- Pandan Lake Club, Kuala Lumpur
- Green Acres Golf and Country Resort (Formerly Ibai Golf and Country Club), Terengganu
- Kulim Golf and Country Resort, Kedah
- Meru Valley Golf & Country Club, Perak
- Bukit Kinding Resort, Perak
- D’Club, Cheras
- Cahaya SPK Resort Club, Shah Alam
- Kelab Darul Ehsan, Ampang
- Bukit Beruntung Golf & Country Resort, Selangor
- Berjaya Hills Golf & Country Club, Pahang
- Hornbill Golf & Jungle Club, Sarawak
- Sultan Abdul Aziz Shah Golf & Country Club, Shah Alam
Timeshare Hotels and Resorts
- Genting View Resort
- Leisure Holiday Point Base
- Leisure Holiday Club
- Vacation SuperClub (Tanco Resort Berhad)
- Vacation WorldClub (Tanco Resort Berhad)
- Duta Vista Ownership (Tanco Resort Berhad)
- Sunway Vacation International Club
- Legend Worldwide Holidays
Memorial Parks
- Fairy Park Sdn Bhd, Klang, Selangor
- Fairy Park Sdn Bhd, Seremban, Negeri Sembilan
- Fairy Park Sdn Bhd, Pagoh, Johor
- Paradise Memorial Park Berhad, Ipoh, Perak
- Blissful Memorial Park Berhad, Penang
- Prestavest Memorial Park Sdn Bhd, Taiping, Perak
- Reliable Memorial Park, Kluang, Johor
- Eternal Memorial Park, Melaka.
Our Role and Responsibilities
The Promoters, including the Management Company, Operator or Developer, is required under Division 5 of Part IV of the Companies Act 1965 to appoint a Trustee to act for each Interest Scheme.
Pacific Trustees’ role and responsibilities include:
- Investigating complaints from interest holders and bringing to the attention of the Operator or Developer to be rectified
- Ensuring that the requisite trust administration and monitoring of compliance are carried out periodically
- Supporting the Management Company or Developer with providing visits to furnish valuable and independent feedback
- Making proposals or suggestions whenever the Trustee deems fit and appropriate
- Operating Trust and Sinking Fund Accounts
- Reporting breach and non-compliance to the Regulator