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Datasonic Group Berhad
(Company No. 809759-X)
113
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
(Continued)
22. TERM LOANS (CONT’D)
Term loan 4 is secured by:-
(a) proceeds from the project as disclosed in the footnote (Note 2) above; and
(b) a corporate guarantee of the Company.
Term loan 5 is secured by:-
(a) a legal charge over certain properties of the Group; and
(b) a corporate guarantee of the Company.
23. TERM FINANCING
Group/Company
2016
2015
RM’000
RM’000
Secured:-
Non-current (Note 21):
- later than 1 year and not later than 2 years
1,758
2,904
- later than 2 years and not later than 5 years
3,682
4,158
- later than 5 years
4,717
6,000
10,157
13,062
Current (Note 28):
- not later than 1 year
2,904
2,752
13,061
15,814
Details of the repayment terms are as follows:-
Number
Of
Monthly
Date Of
Effective
Group/Company
Term Monthly Instalment Commencement
Interest
Amount Outstanding
Financing Instalments Amount
Of Repayment
Rate
2016
2015
RM’000
RM’000
RM’000
1
36
160
1 July 2014
5.85%
2,466
4,193
(2015 - 5.85%)
2
120
126
1 July 2014
4.45% 10,595
11,621
(2015 - 4.45%)
13,061
15,814
Term financing 1 and 2 are secured by a legal charge over a property of the Company.
The term financing above are with floating rates ranging from 4.45% to 5.85%.