The company's management said to date, a total of about 300 farmers had registered with them, of which 133 had confirmed and partially paid earnest money of RM1,000 per 0.4ha and up to RM10,000 per applicant for those who exceeded 4ha of land.
"This amount is paid by Royal Pahang Durian Export Sdn Bhd, the trading company. There is no penalty if farmers do not meet the tonnage targets. On the RM6,000 per 0.4ha annual rental as claimed by the Save Musang King Alliance , RPDR-PKPP reiterated that this was a one-off lump sum payment for 2020 only.
“To further accommodate the farmers' financial relief request, RPDR-PKPP has agreed to split the payment into three equal instalments respectively payable in September 2020, December 2020 and March 2021," the company said.It said a farmer with 4ha of land would have a minimum gross revenue of RM600,000.
"The liabilities shown are the amount owing to shareholders who injected their own money into the farm through the company as a loan.