Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 130 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 17. TRADE RECEIVABLES, OTHER RECEIVABLES, DEPOSITS AND PREPAID EXPENSES (CONT’D) Other receivables, deposits and prepaid expenses consist of:- The Group The Company 2021 2020 2021 2020 RM RM RM RM Other receivables 5,035,793 4,242,613 42,778 - Deposits 3,943,391 2,168,158 4,850 4,750 Prepaid expenses 1,144,432 1,120,562 21,514 20,717 10,123,616 7,531,333 69,142 25,467 18. AMOUNT OWING BY SUBSIDIARIES The Company 2021 2020 RM RM Amount owing by:- Advances 2,989,079 2,989,079 Dividend receivables 4,175,000 28,788,798 7,164,079 31,777,877 Allowance for impairment losses (2,989,079) (2,989,079) 4,175,000 28,788,798 The amounts owing arose mainly from dividend receivables. The amount owing is to be settled in cash. 19. SHORT-TERM INVESTMENTS The Group The Company 2021 2020 2021 2020 RM RM RM RM Unit trust 51,737,748 8,332,527 48,643,961 3,302,234 Fair value 51,737,748 8,332,527 48,643,961 3,302,234 20. FIXED DEPOSITS WITH LICENSED BANKS Fixed deposits with licensed banks of the Group at the end of the reporting period bore effective interest rates ranging from 0.10% to 1.85% (2020: 0.25% to 2.10%) per annum. The fixed deposits of the Group have maturity periods ranging from 90 to 365 days (2020: 90 to 365 days). The fixed deposits of the Group amounting to RM478,265 (2020: RM468,703) are pledged to licensed banks as security for bank guarantee facility granted to the Group.
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