GULA PERAK BERHAD ( GPB Or the Company ) - Monthly Announcement on the Status of Plans

December 2010

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly announcement on the status of plans to regularise the Company's financial condition pursuant to Practice Note 17 ("PN 17") of the Main Market Listing Requirements of BursaMalaysia Securities Berhad.

We refer to the Company's announcement made on 3 November 2010 pursuant to Paragraph 8.04 and PN 17. Further to our announcement, the Company wishes to inform that there has been no new developments or changes in the Company's PN17 status and that the Board of Directors is continuing to consider and formulate the Regularisation Plan to regularise the financial condition of the Company.

The Company has approximately another five (5) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.

This announcement is dated 3 December 2010.

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the Company's announcement dated 3 November 2010, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.

GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposals.

This announcement is dated 3 December 2010.

November 2010

We refer to the Company's announcement made on 1 October 2010 pursuant to Paragraph 8.04 and PN 17. Further to our announcement, the Company wishes to inform that there has been no new developments or changes in the Company's PN17 status and that the Board of Directors is continuing to consider and formulate the Regularisation Plan to regularise the financial condition of the Company.

The Company has approximately another six (6) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.

This announcement is dated 3 November 2010.

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the Company's announcement dated 1 October 2010, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.

GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposals.

This announcement is dated 3 November 2010.

October 2010

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the Company's announcement dated 6 September 2010, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.

GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposals.

This announcement is dated 1 October 2010.

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly Announcement on the status of plans to regularise the Company's financial condition pursuant to Practice Note 17 ("PN 17") of the Main Market Listing Requirements of BursaMalaysia Securities Berhad.

We refer to the Company's announcement made on 6 September 2010 pursuant to Paragraph 8.04 and PN 17. Further to our announcement dated 6 September 2010, the Company wishes to inform that there has been no new developments or changes in the Company's PN17 status and that the Board of Directors is continuing to consider and formulate the Regularisation Plan to regularise the financial condition of the Company.

The Company has approximately another seven (7) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.

This announcement is dated 1 October 2010.

September 2010

GULA PERAK BERHAD – 41st ANNUAL GENERAL MEETING

The Board of Directors of GPB is pleased to announce that the shareholders of the Company have, on today's AGM (29 September 2010) approved all the resolutions set out in the Notice of AGM.

The Board is also pleased to announce that pursuant to Resolution 6, the shareholders of the Company has carried the Resolution and approved the appointment of Messrs Crowe Horwath (nominated via a Notice of Nomination as provided and explained in our errata statement which was sent to our shareholders on 7 September 2010) as the Company's new external auditors in place of retiring auditors, Messrs SC Lim, Ng & Co.

By order of the Board

Datuk Rahim bin Baba

Executive Chairman

Kuala Lumpur

29 September 2010

Notice of the 41st Annual General Meeting of Gula Perak Berhad

NOTICE IS HEREBY GIVEN THAT the 41st Annual General Meeting ("AGM") of Gula Perak Berhad will be held at Zamrud Room, Level 10, Empress Hotel, Jalan ST 1C/7 Medan 88, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor Darul Ehsan on Wednesday, 29 September 2010 at 10.00 a.m.

The full text of the Notice of AGM can be referred from our announcement to BursaMalaysia.
Kindly note the attachment on the Errata Statement for the Annual Report 2010 issued in conjunction with Resolution (6) for the Proposed Reappointment of Auditors which has been replaced with the nomination and appointment of Auditors. The Errata Statement has been printed and will be sent on 7 September 2010 to our shareholders.

GULA PERAK BERHAD ("GPB" or "the Company") - Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the Company's announcement dated 5 August 2010, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.
GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposals.
This announcement is dated 6 September 2010.

We refer to the Company's announcement made on 11 August 2010 pursuant to Paragraph 8.04 and PN 17 and our announcement dated 5 August 2010. Further to our announcement dated 11 August 2010, the Company wishes to inform that there has been no new developments or changes in the Company's PN17 status and that the Board of Directors is continuing to consider and formulate the Regularisation Plan to regularise the financial condition of the Company.

The Company has approximately another eight (8) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.

This announcement is dated 6 September 2010.

August 2010

GULA PERAK BERHAD (“GPB” or “THE COMPANY”) - ANNOUNCEMENT PURSUANT TO PARAGRAPH 4.1(B) OF PRACTICE NOTE 17 OF THE BURSA MALAYSIA SECURITIES BERHAD’S (“BURSA SECURITIES”) MAIN MARKET LISTING REQUIREMENTS (“PN17”)

We refer to the Company's First Announcement made on 13 May 2010 and the announcements made by the Company dated 25 June 2010, 28 June 2010 and 14 July 2010 and 6 August 2010.

Pursuant to Paragraph 4.1(b) of PN 17, the Board of Directors of GPB anticipates that the plan to regularise the Company’s PN 17 status (“Regularisation Plan”) is unlikely to result in a significant change in the business direction or policy presently adopted by the Company. As at this date, other than the announcements dated 25 June 2010 and 28 June 2010 pertaining to the disposal of assets, the Company is still in the midst of formulating and evaluating proposals relating to the Regularisation Plan.

The Company will make the necessary announcements in due course once its Regularisation Plan has been finalised and/or in the event of any deviation/change to the status of the Regularisation Plan as mentioned above.

The Company has approximately nine (9) months to submit its Regularisation Plan to the relevant authorities for approval.

This announcement is dated 11 August 2010.

GULA PERAK BERHAD ("GPB" or "the Company")
Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the Company's announcement dated 14 July 2010, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.
GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposals.
This announcement is dated 5 August 2010.

We refer to the Company's First Announcement made on 13 May 2010 pursuant to Paragraph 8.04 and PN 17 and our announcement dated 14 July 2010. Further to our announcement dated 14 July 2010, the Company wishes to inform that there has been no new developments or changes in the Company's PN17 status and that the Board of Directors is continuing to consider and formulate the Regularisation Plan to regularise the financial condition of the Company.
The Company has approximately another nine (9) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.
This announcement is dated 5 August 2010.

July 2010

Gula Perak Berhad (“GPB” or “the Company”)
- Qualification in Independent Auditors' Report in respect of the Financial Statements of the Company for the year ended 31 March 2010

Pursuant to Paragraph 9.19(37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the independent auditors' report in respect of the Company's Financial Statements for the year ended 31 March 2010 contained certain qualification made by the external auditors. Please refer to the Company’s announcement to BursaMalaysia for details of the qualifications.
This announcement is dated 30 July 2010

We refer to the Company's First Announcement made on 13 May 2010 pursuant to Paragraph 8.04 and PN 17 and our announcements dated 25 June 2010 and 28 June 2010 pertaining to the disposal of assets of the Company which was undertaken in conjunction with the proposed restructuring and regularization of the Company’s financial condition. The Company wish to inform that other than the announced disposal of properties of the Company, the Board of Directors is presently considering and formulating the Regularisation Plan to regularise its financial condition.
The Company has approximately another ten (10) months to submit its Regularisation Plan to the relevant authorities for approval and any updates for further details will be announced in due course.
This announcement is dated 14 July 2010.

GULA PERAK BERHAD ("GPB" or "the Company")
Monthly announcement on the status of Default in Payment pursuant to Practice Note 1

With reference to the announcement made by the Company on 25 June 2010 and 28 June 2010 pertaining to the disposal of assets of the Company which was undertaken in conjunction with the proposed restructuring of the RM288,820,655 nominal value 5 year redeemable secured notes (“RSN”) 2003/2008 and the announcement dated 29 June 2010 in respect of the default called by the holders of the RSN, the Board of Directors of the Company wishes to inform that there have not been any changes in the status of the default since then.
GPB wishes to inform that the negotiation on the restructuring with the Holders is still ongoing and pending completion of the disposal which the proceeds will be utilized towards repayment of the outstanding RSN.
This announcement is dated 14 July 2010.

June 2010

Gula Perak Berhad ("GPB" or the "Company")
Notice of Meeting of Holders of RM288,820,655 Nominal Value of 5-year Redeemable Secured Notes 2003/2008 ("RSN Holders' Meeting")

Pursuant to our earlier announcement dated 9 June 2010 on the Notice of Meeting of 5 year Redeemable Secured Notes 2003/2008 ("RSN") holders, the Board of Directors of Gula Perak Berhad wishes to announce that the RSN holders at the RSN Holders’ Meeting held on 29 Jun 2010, have approved all the ordinary resolutions which were tabled thereat without amendments.
This announcement is dated 29 June 2010.

Gula Perak Berhad ("GPB" OR THE "COMPANY")

(A) PROPOSED DISPOSAL OF THE DYNASTY HOTEL, KUALA LUMPUR, LOCATED AT JALAN IPOH, ERECTED ON LOT NOS 85-88, HELD UNDER TITLE NOS. GERAN 26826, 26532 – 26534 (FORMERLY CT NOS 15199 – 15202) RESPECTIVELY, ALL IN SECTION 48, TOWN AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN, KUALA LUMPUR (“THE PROPOSED DYNASTY DISPOSAL”)

(B) PROPOSED DISPOSAL OF THE EMPRESS HOTEL, SEPANG, LOCATED AT JALAN ST 1C/7, MEDAN 88, BANDAR BARU SALAK TINGGI, 43900 SEPANG, SELANGOR DARUL EHSAN (“THE PROPOSED EMPRESS DISPOSAL”)

(COLLECTIVELY REFERRED HEREIN AS “THE PROPOSED DISPOSALS”)

The Board of Directors of GPB wishes to announce that Dynawell Corporation (M) Sdn Bhd (“Dynawell”), a wholly owned subsidiary of GPB has entered into a Sale & Purchase Agreement (“SPA”) on 28 June 2010 with Time Glory Investment Limited (Co no 1464373), a company incorporated in Hong Kong (“the Purchaser”), for the disposal of:
• The Dynasty Hotel, Kuala Lumpur, Located at Jalan Ipoh, Erected on Lot Nos 85-88, Held Under Title Nos. Geran 26826, 26532 – 26534 (Formerly CT Nos 15199 – 15202) Respectively, All in Section 48, Town and District of Kuala Lumpur, State of Wilayah Persekutuan, Kuala Lumpur (“the Said Dynasty Hotel”) for a total cash consideration of RM151,000,000.00;
And KSB Requirements & Rest Sdn Bhd (“KSBRR”), a 70% subsidiary company of GPB has entered into Sale & Purchase Agreement (“SPA”) on 28 June 2010 with Time Glory Investment Limited (Co no 1464373), a company incorporated in Hong Kong (“the Purchaser”), for the disposal of:
• The Empress Hotel, Sepang, Located at Jalan ST 1C/7, Medan 88, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor Darul Ehsan (“The Said Empress Hotel”) for a total cash consideration of RM42,900,000.00.
The aggregate cash consideration for the Proposed Disposals is RM193,900,000.00.
Please refer to the Company’s announcement to BursaMalaysia for details of the Proposed Disposals.
This announcement is dated 28 June 2010.

GULA PERAK BERHAD ("GPB" OR THE "COMPANY")
(A) PROPOSED DISPOSAL OF A DEVELOPMENT LAND FORMING PARENT LOT 24 AND PART OF PARENT LOT 458 BOTH WITHIN MUKIM OF BATANG BERJUNTAI, DISTRICT OF KUALA SELANGOR, SELANGOR DARUL EHSAN (“THE PROPOSED BB DISPOSAL”)
(B) PROPOSED DISPOSAL OF A DEVELOPMENT LAND FORMING LOTS 81 AND 82 AND LOTS 1140 AND 3767 WITHIN MUKIM OF SETAPAK, DISTRICT OF KUALA LUMPUR, WILAYAH PERSEKUTUAN KUALA LUMPUR (“THE PROPOSED SETAPAK DISPOSAL”)
(COLLECTIVELY REFERED HEREIN AS “THE PROPOSED DISPOSALS”

The Board of Directors of GPB wishes to announce that that GPB has entered into Sales & Purchase Agreements (“SPAs”) on 25 June 2010 with Perth International Limited (Co. no. 1433569), a company incorporated in Hong Kong (“the Purchaser”), for the disposal of:
(i) the development land forming Parent Lot 24 and part of Parent Lot 458 both within Mukim of Batang Berjuntai, District of Kuala Selangor, Selangor Darul Ehsan measuring approximately 97.58 hectares (“the Said BB Property”) for a total cash consideration of RM19,000,000.00; and
(ii) the development land forming Lots 81 and 82 and Lots 1140 and 3767 within Mukim of Setapak, District of Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur measuring approximately 118,451 square feet (“the Said Setapak Property”) for a total cash consideration of RM6,100,000.00.
The aggregate cash consideration for the Proposed Disposals is RM25,100,000.00.
Please refer to the Company’s announcement to BursaMalaysia for details of the Proposed Disposal.

Notice of Meeting of Holders of RM288,820,655 Nominal Value of 5-year Redeemable Secured Notes 2003/2008 ("RSN Holders' Meeting")

Notice is hereby given that a RSN Holders' Meeting will be held at Banyan & Casuarina Room, Ground Floor, Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, 60000 Kuala Lumpur on Tuesday 29 June 2010 at 10.00 am for the purpose of considering and if thought fit, passing the resolutions as set out in the Notice of RSN Holders' Meeting attached in the Company’s announcement to Bursa Malaysia.
This announcement is dated 9 June 2010.

May 2010

Clarification on PN17 Announcement Dated 13 May 2010

Pursuant to our previous PN1 announcements and following our announcement dated 13 May 2010 in relation to our first announcement on PN17, the Company wishes to clarify that the Company was not able to provide a solvency declaration to BursaMalaysia, thereby triggering paragraph 2.1(f) of Practice Note 17.
This announcement is dated 14 May 2010

GULA PERAK BERHAD (“GPB” OR THE “COMPANY”)
• PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS
• FIRST ANNOUNCEMENT

Announcement pursuant to the Practice Note 17 (“PN17”) of the Main Market Listing Requirements (“LR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of GPB wishes to announce that GPB has triggered one of the prescribed criterions under paragraph 2.1(f) and as such, GPB is now classified as a PN17 company.

1. INTRODUCTION
Pursuant to the Practice Note 17 (“PN17”) of the Main Market Listing Requirements (“LR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of GPB wishes to announce that GPB has triggered one of the prescribed criterions under paragraph 2.1(f) and as such, GPB is now classified as a PN17 company.
2. OBLIGATIONS OF THE COMPANY AS A PN17 COMPANY PURSUANT TO PN17
GPB is required to comply with the following obligations pursuant to Paragraph 3.1 and 4.1 of PN17:
(a) To regularize its conditions by undertaking a regularisation plan (“Regularisation Plan”) and the Company and its Principal Adviser must ensure that the Regularisation Plan is sufficiently comprehensive and capable of resolving all problems, financial or otherwise that has caused the Company to trigger PN17. Such Regularisation Plan must be fair and reasonable to the Company and its shareholders and will increase shareholder value;
(b) To submit the Regularisation Plan within 12 months from the date of this First Announcement (“Submission Timeframe”) and to implement the Regularisation Plan within the timeframe stipulated by the Approving Authorities (Implementation Timeframe”);
(c) To make the following announcements:
i) within three (3) months from this First Announcement, on whether the Regularisation Plan will result in a significant change in the business direction or policy of the Company;
ii) the status of GPB’s Regularisation Plan and the number of months to the end of the Submission Timeframes on a monthly basis (Monthly Announcement”) until further notice from Bursa Securities;
iii) its compliance or non-compliance with a particular obligation imposed pursuant to the PN17 on an immediate basis;
iv) the details of the Regularisation Plan (“Requisite Announcement”), which shall include the timeline for the complete implementation of the Regularisation Plan. The Requisite Announcement must be made by the Company’s Principal Adviser.
3. CONSEQUENCES OF NON-COMPLIANCE WITH THE OBLIGATIONS
In the event the Company fails to comply with the obligations to regularise its conditions, Bursa Securities will suspend the trading of the Company’s listed securities immediately from the date of notification of suspension by Bursa Securities and de-listing procedures shall be taken against the Company, subject to the Company’s right to appeal against the de-listing.
4. STATUS OF PLAN TO REGULARISE CONDITION
Although GPB does not have a formal regularisation plan at present, the Board continues to be in negotiation with its RSN lenders and will take necessary actions to appoint a Principal Adviser and to formulate a regularisation plan. Any progress in this regards will be announced in accordance with the provisions of PN17.
This announcement is dated 13 May 2010.