MKH Annual Report 2019

166 A N N U A L R E P O R T 2 0 1 9 14. INVESTMENT IN SUBSIDIARIES (CONT’D) Vista MKH Amona Metro PT Maju Haruman Property Development Kalimantan Alif Mesra PT Sawit Development Ventures Sdn. Bhd. Hadapan Sdn. Bhd. Prima Sakti Sdn. Bhd. Sdn. Bhd. RM RM RM RM RM RM 2019 Cash flows from/(used in):  Operating activities (25,096,514) 37,173,414 (19,003,749) 4,582,284 47,505,003 (2,705,756)  Investing activities - (16,228,792) - (6,903,264) - -  Financing activities 22,817,680 (19,603,025) 21,777,973 278,171 (37,588,359) - Net increase/(decrease) in cash  and cash equivalents (2,278,834) 1,341,597 2,774,224 (2,042,809) 9,916,644 (2,705,756) Dividends paid to NCI - - - - - - 2018 Cash flows from/(used in):  Operating activities 9,454,857 8,097,562 (21,014,757) (4,521,323) 45,729 (23,509,179)  Investing activities - 13,532,141 - (5,087,357) - -  Financing activities (9,110,950) (26,402,202) 21,243,597 10,381,732 (7,011,804)40,000,000 Net increase/(decrease) in cash  and cash equivalents 343,907 (4,772,499) 228,840 773,052 (6,966,075) 16,490,821 Dividends paid to NCI 3,875,040 - - - - - There are no significant restrictions on the Company’s ability to access or use the assets and to settle the liabilities of the Group except for the covenants of the bank term loans taken by PT Maju Kalimantan Hadapan and PT Sawit Prima Sakti, subsidiaries of the Company, which restrict the ability of the subsidiaries to provide advances to other companies within the Group and to declare dividends to its shareholders until full settlement of the loans unless prior written consent is obtained from the lenders. The assets to which such restrictions apply are the cash and cash equivalents of the subsidiaries included in the consolidated financial statements amounting to RM12,399,248 (30.9.2018: RM14,337,332; 1.10.2017: RM14,679,964). NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019

RkJQdWJsaXNoZXIy NDgzMzc=