Interest Scheme

Interest Scheme is a way of doing business in Malaysia involving the pooling of financial contribution from the public in exchange for an interest in a particular scheme. Such interest includes the usage of the facilities and services provided under the scheme / profit / returns, depending on the nature of the scheme.

With over 19 years experiences, we have a considerable mix expertise in our team of individuals comprising professionals such as Accountants, Lawyers and Economists equipped with extensive related industry experiences to provide strategic advice and operational assistance. Our commitment is to provide comprehensive, reliable, flexible and quality administration and operational support catering to the needs of each individual client.

Presently, Pacific Trustees has been appointed as Trustee for various types of Interest Scheme including Golf and Recreational Club, Timesharing Scheme, Investment Scheme and Memorial Park for the following clients:

Golf/Recreational Club

• Templer Park Country Club,Selangor D.E

• 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 called 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 D.E

• Berjaya Hills Golf & Country Club, Pahang

• Hornbill Golf & Jungle Club, Sarawak.

• Sultan Abdul Aziz Shah Golf & Country Club, Shah Alam.

Timesharing Scheme, Investment Scheme and Memorial Park for the following clients:

Timesharing

•   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.

Pacific Trustees’ role as Trustee of the Scheme among others including:

1. The promoters including the Management Company / Operator/ Developer is required by Division 5 of Part IV of the Companies Act 1965 to appoint a Trustee to act for the Interest Scheme.

2. To investigate complaints from interest holders and bring to the attention of the Operator / Developer to be rectified.

3. To ensure that the requisite trust administration and monitoring of compliance are carried periodically.

4. To support the Management Company /Development with providing visit to provide valuable and independent feedback

5. To make proposals / suggestions whenever the Trustee deems fit and appropriate.

6. To operate Trust Account and Sinking Fund Account

7. To report breach and non-compliance to the Regulator.