FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 129 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 28. FINANCIAL INSTRUMENTS (CONT’D) (e) Fair Value Information The fair values of the nancial assets and nancial liabilities of the Group and of the Company which are maturing within the next 12 months approximated their carrying amounts due to the relatively short-term maturity of the nancial instruments or repayable on demand terms. The following table sets out the fair value pro le of nancial instruments that are carried at fair value and those not carried at fair value at the end of the reporting period: Fair Value Of Financial Instruments Fair Value Of Financial Instruments Carried At Fair Value Not Carried At Fair Value Total Carrying Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 Fair Value Amount The Group RM RM RM RM RM RM RM RM 2024 Financial Asset Short-term investments: - quoted share 3,664,998 - - - - - 3,664,998 3,664,998 - unit trusts - 38,478,649 - - - - 38,478,649 38,478,649 Financial liability Bank borrowing - - - - 48,991 - 48,991 49,047 2023 Financial Asset Short-term investments: - quoted share 2,656,083 - - - - - 2,656,083 2,656,083 - unit trusts - 29,991,575 - - - - 29,991,575 29,991,575 Financial liability Bank borrowing - - - - 81,754 - 81,754 81,703
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