200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 20. Trade and other receivables (cont'd) (a) Trade receivables (cont'd) The ageing analysis of the Group's trade receivables is as follows: 2024 2023 RM RM Neither past due nor impaired 321,669,669 205,108,735 1 to 30 days past due not impaired 52,567,565 42,395,891 31 to 60 days past due not impaired 11,303,173 31,150,189 61 to 90 days past due not impaired 11,946,253 11,285,795 91 to 120 days past due not impaired 41,978,286 9,443,478 More than 120 days past due not impaired 78,772,850 83,388,207 196,568,127 177,663,560 Impaired 860,424 18,937,447 519,098,220 401,709,742 Receivables that are neither past due nor impaired None of these balances have been renegotiated during the financial year. Receivables that are past due but not impaired Group Trade and other receivables that are neither past due nor impaired are creditworthy debtors with good payment records with the Group. The Group has trade receivables amounting to RM196,568,127 (2023: RM177,663,560) that are past due at the reporting date but are not impaired and are not secured by any collateral or credit enhancements. The management is confident that the balance of receivables that are past due but not impaired are recoverable as these are active accounts due from credit worthy debtors. - 66 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 158
RkJQdWJsaXNoZXIy NDgzMzc=