Agahikaine Grains Ltd (“Agahikaine GL”) is inviting you to participate as an investor in a 1-year grain investment contract. The key terms and benefits of contract are outlined below.
Investment Lot and Benefits (interest)
We offer a minimum lot size of 50 metric ton (MT) of grain per investment contract, and you are welcome to bid for up to 30 lots. The investment contract is projected to have a gross yield of 40%. The minimum equivalent bid price per lot is USD 10,000 (or UGX 40 million) only. Grain acquired by you, or for you by us, will be the sole collateral for the contract.
Contract Duration & Settlement Dates
A standard contract will be the basis for your relationship with us. The investment contract will become effective on season opening (January 2025) and will mature in December 2025 (close date). Early maturity, or the option to liquidate and/or redeem the contract before the close date will be negotiable between yourself and Agahikaine GL.
All prospective bids are expected to have been closed and contract entered into by 31 December 2024, to qualify for the maximum 40% yield. Late bids (submitted and accepted after December 2024) will be negotiated on a case-by-case basis. We recommend you consider settling your contract sum by 31 December 2024.
Visitation, Inspection and Due Diligence
As part of contract oversight and implementation, you will be welcome to inspect, or nominate a visitor to inspect on your behalf, the company premises, as well as verify stores and records.
A standard contract agreement, consistent with the Laws of Uganda, will be the basis of the investment contract. Taxes on income/profit shall be applicable in line with tax law.
Payment modality
All proceeds from the bid, including your own payment for the bid, shall be paid through our established company banking accounts. We undertake, in equal measure to remit any premiums and interest to your appointed bank account.
Reach out to us today to find out more. Call Us. Email Us. Text Us. Your future earnings are a step away.
