1. What is a Nipah Plot?
It is an investment program as a half-acre Nipah Plot out of an initial 49,421 half-acre Nipah Palm Plantation of which a 20-year interest is being offered to individual investors. By investing in a Nipah Plot, the investor receives a 20-year rights to the economic benefits of the Nipah Palm sap tapped from the half-acre.
2. Where is the location of the Nipah Land?
It is located in the Province of Papua, the Regency of Waropen. The precise location is North 2˚ 13’ 47.88”S East 136◦ 50’ 20.49”E South 2˚ 18’ 24.30”S West 136˚ 35’ 53.94”E.
3. What is the Nipah Farmer’s Plot minimum investment?
The minimum investment is 1 half-acre Nipah Plot.
4. What is the maximum number of Nipah Plots that Investors can invest in?
There is no maximum number for Investors to invest. However the total initial number of plots to be made available is 49,421 plots.
5. What is the size of one NipahFarmer’s Plot?
The size of one Nipah Plot is ½ acre in size.
6. Can a non-Indonesian invest in a Nipah Farmer’s Plots?
Yes, Legal opinion was made by both our Indonesian and Malaysian Lawyers, and the Conceptual Structure under the proposed Nipah Farmer’s Plot Agreement is legally enforceable.
7. What other fees and charges does a Nipah Farmer need to pay?
Besides the initial investment, investors only need to pay an annual management fees being USD 12 Nipah Farmer’s Plot per year.
8. Will Nipah Farmers be getting the any land title under the Nipah Plot?
Nipah Farmers will receive an official Nipah Plot Certificate which is the legal instrument of the Nipah Farmers’ ownership of interest in the Nipah Plot.
9. How to determine annual returns per Nipah Plot for Nipah Farmers?
The return is fixed at 12% per annum for 3 years
10. How is the income stream generated for Nipah Farmer’s Plots?
The income streams for Nipah Farmer’s Plots are derived from the sales of Ethanol, Captured Liquid Carbon Dioxide and Bio-organic Fertilizers.
11. What is the risk profile that Nipah Farmers will be exposed to when investing in Nipah Plots?
The risk associated to this venture is “DELAY” caused by selecting too early the inferior Species, and that such risk exercise can only be expressed in terms of 6 months delay. The other less marketable risk is in the event the market sentiment has caused a shortfall in the initial fund raising, we can assure on the scale of economics that the On-Barge-Mounted ethanol production plant has all the merits to pull through the entire repayment and premium obligations.
12. Are Nipah Plots transferable and, if so, how much are the transfer fees?
Yes, the Nipah Plots are transferable. The transfer fee is USD 35 per Nipah Farmer’s Plot.
13. What happens when PFF exercises the option to buy-back the Nipah Plots?
Buy-back option is only exercised because there is a need to securely return your Investment in Nipah Farmer’s Plot. Before or upon maturity PFF will exercise a REPO transaction, guaranteeing to cash-buy-back the Nipah Farmer’s Plot from Investors.
14. How will the annual Nett Yield be paid to the Nipah Farmer?
The annual yield will be paid quarterly on a pro rated basis by way of Cash Cheque.
15. How will the Nipah Plot agreement end?
At the end of the third year by way of a put and call option.
16. How are the USD 98,842,000 funds deployed after having sold the Nipah Plots:
The proceeds are to be deployed as follows:
(1) USD 20 Mil for the Headquarter in Bogor, Java and a Research Centre with a Field Office in the middle of our 20,000 hectare Nipah Palm Plantation in Waropen, Papua.
(2) USD 30 Mil is to finance the Skid-Mounted Floating Barge mini ethanol production plant that will be able to produce ethanol for the 1st two years. The proposed On-Barge-Mounted is specially designed from inception to ready-to-produce ethanol within 6 months.
(3) USD 40 mil being the equity investment of a USD 273 Mil Total Integrated Ethanol Refinery Plant.
For any further enquiries please contact us.
 PT. FirstFruits
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