Another agarwood investment scheme under scrutiny

Over 400 people have invested $9.5m with OPC, even as clients of TFV file police reports

Lorna Tan Invest Editor/Senior Correspondent

Another firm offering Agarwood Anvestment schemes with lucrative returns has come under scrutiny.

Over the past two years, home-grown firm One Plantation Capital (OPC) has attracted $9.5 million of investments from some 425 customers in a scheme to grow aquilaria trees – prized for the valuable agarwood or oud oil that is harvested from them and then used in perfumes and by spas. read more