Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 117 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 11. PROPERTY, PLANT AND EQUIPMENT (CONT’D) (a) Certain plant and equipment and office space of the Group are leased to customers under operating leases with rentals payable monthly. Each of the leases contains an initial non-cancellable average period of 2 years and the subsequent renewals are negotiated separately on a contract by contract basis. The Group does not require a financial guarantee on its lease arrangements. The undiscounted operating lease payments receivable are as follows:- The Group 2021 2020 RM RM Within 1 year 835,849 911,203 Between 1 and 2 years 775,450 1,296,711 1,611,299 2,207,914
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