Guidelines for Granting LOANS.

The Koperasi received the guidelines from Bank Negara Malaysia through SKM that effective from
October 2013, the Koperasi should not grant loans to its members whose total deduction exceeded 60% of his/her take-home salary.

Example:
Mr. Ong - Total income as per pay slip is RM5,000.00
60% of RM5,000.00 is RM3,000.00
Balance of take-home salary is RM2,000.00

lf Mr. Ong's pay slip shown that he had a take-home pay of less than RM2,000.00, his application
for loan submitted to the Koperasi will not be approved by the Board.

The other guideline is on the service charges for early settlement of loans. lt states that the
Koperasi will only be allowed to charge a percentage of 2.5% on the outstanding sum for early
settlement or RM150.00 whichever is higher.

The Board at its meeting held on 22 October 2013 decided to follow the guidelines accordingly.

SEMINAR on Investment In Oil Palm Scheme

The Koperasi had on 4 November 2013 invested a sum of RM1,177,760.00 in the East West One
Planter's Scheme. (20 Premier Blocks of RM58,888.00 per block). Our application to invest in the
East West One Planter's Scheme was approved by the Suruhanjaya Koperasi Malaysia on 31
October 2013. This investment is only for a period of 8 years which enables us to generate a return
of 80.08% as follows:

The above returns will be administered by a Trustee appointed by the Company and the quarterly
returns will be paid into our bank account by the appointed Trustee.

Besides the Premier Blocks which cost RM58,888.00 per block (3 acres), there are three other
categories of a smaller amount which the Board feels that members may be interested in. The
Board after due consideration decided to hold a seminar and invite Mr. C J Tan, the Planter's Group
Agency Manager to give a briefing on this investment.

The three other categories mentioned above are as follows:
1. Gold investment      (1.5 acre)      - RM28,888.00 per block at 8% over 6 years.
2. Silver investment    (0.5acre)       - RM10,000.00 per block at 9% over 8 years.
3. Bronze investment  (0.25acre)     - RM5,000.00 per block at 8% over 8 years.

Those who are interested to attend the above Seminar are required to fill in the "Reply Proforma" and return with a registration fee of RM10.00. Registration fee can be paid by cash or crossed cheque make in favour of "Koperasi Guru Pulau Pinang Berhad".

The said registration fee of RM10.00 will be refunded to you when you register and attend the Seminar.

The date, time and venue for the Seminar are as follows:
    Date:     Saturday, 22 February 2014
    Time:     2.00pm to 5.00pm
    Venue:   Wawasan Open University
                  54, Jalan Sultan Ahmad Shah, 10050 Penang.

The Koperasi will also provide loans to those who are interested to invest in this scheme. Loans can only be given to those who qualify under the guidelines of Bank Negara Malaysia.

Disclaimer
The recommendation on this investment is not guaranteed to be accurate. You are required to attend the briefing and form your own opinion and we accept no liability for any direct or indirect loss arising from the recommendation.