38. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (continued) (ii) Interest rate risk (continued) The following tables set out the carrying amounts, the average effective interest rates as at the end of the reporting period and the remaining maturities of the Group’s and of the Company’s financial instruments that are exposed to interest rate risk (continued): Average effective More Company interest Within 1 - 2 2 - 3 3 - 4 4 - 5 than rate Total 1 year years years years years 5 years Note % RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2021 Fixed rate Other receivables 15(h) 8.00 56,588 - - 56,588 - - - Amount owing to a shareholder 25(b) 4.00 (9,601) (9,601) - - - - - At 31 December 2020 Fixed rate Other receivables 15(h) 8.00 54,052 - 54,052 - - - - Amount owing to a shareholder 25(b) 4.00 (8,963) (8,963) - - - - - NOTES TO THE FINANCIAL STATEMENTS P R G H O L D I N G S B E R H A D A N N U A L R E P O R T 2 0 2 1 186 31 December 2021 (cont’d)
RkJQdWJsaXNoZXIy NDgzMzc=