We have placed three previous Indian sandalwood investment offers, which are now all closed.See below for an overview of the past performance of these investments:
At the end of 2010 we launched our first sandalwood investment JC Indian Sandalwood 1 as private placement for investors with an investment amount of a minimum of EUR 200'000. At the time, this was a pioneering project, as the first crop from Quintis plantations still lay far ahead and conversely, Quintis had not yet produced or sold any Indian sandalwood oil. The recent successes relating to the use of Indian sandalwood oil in the pharmaceutical industry were not foreseeable either.
Our, as well as our investor’s, confidence in this unique investment proved us right. In the meantime, Quintis is looking forward to its third crop and has sold forward most of the harvest for the coming few years.
In 2011, for the first time, we enabled private investors to participate in Indian sandalwood plantations with a minimum investment of AUD 25’000 through our JC Indian Sandalwood 2 investment.
JC Indian Sandalwood 2 was structured as a fund of funds which in turn invested in our JC Indian Sandalwood 1 investment.
JC Eagle Park 1 is the first of our Indian sandalwood investments which is structured as a Special AIF (Alternative Investment Fund) in accordance with the KAGB. JC Eagle Park 1 was targeted at a limited group of semi-professional investors only and is invested in the Eagle Park Indian sandalwood plantation. The investment is managed by Jäderberg & Cie. Investment Management GmbH as external alternative investment fund manager (AIFM).
1) Shows the (pro rata) value of the plantations as per 31.08.2016 and as prepared by Quintis’s auditors, applying generally accepted Australian valuation principles for the valuation of plantations (SGARA). Being an asset-valuation only and therefore not taking into account all costs and taxes related to the investment structure, this can only serve as an indication of the plantation’s value from a German investor's perspective.
2) In 2015, an individual payout option was introduced for Indian Sandalwood 1 and JC Indian Sandalwood 2. According to this, investors may opt whether, and to what extent (normally up to 20% of the amount invested), they wish to participate in these payouts. The total disbursements made in 2015 and 2016 equalled 100% of the requested payouts.