194 KIMLUN CORPORATION BERHAD • NOTES TO THE FINANCIAL STATEMENTS 200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 24. Loans and borrowings (cont'd) The remaining maturities of the loans and borrowings as at 31 December are as follows: 2025 2024 2025 2024 RM RM RM RM On demand or within one year 491,298,787 423,238,346 75,660,000 85,310,000 More than 1 year and less than 2 years 80,422,444 87,474,030 - 30,000,000 More than 2 years and less than 5 years 153,147,665 137,433,348 - - 5 years and more 52,433,872 23,390,308 - - 777,302,768 671,536,032 75,660,000 115,310,000 Hire purchase payables (Note 33(b)) Bankers' acceptances, term loans, invoice financing and revolving credit The interest rates (per annum) at the reporting date were as follows: 2025 2024 % % Bank overdrafts 5.76 to 7.64 5.80 to 6.01 Bankers' acceptances 3.99 to 4.85 4.28 to 5.02 Term loans 5.34 to 7.14 5.68 to 6.84 Invoice financing 2.48 to 7.70 4.09 to 7.45 Revolving credit 4.56 to 6.56 5.07 to 6.36 (a) (b) Short term deposits as disclosed in Note 22; and (c) Corporate guarantee by the Company. Group The bank overdrafts, bankers' acceptances, term loans, invoice financing and revolving credit together with bank guarantee facilities are secured by: First party first legal charge over certain land held for development, development properties and inventories as disclosed in Note 18 and Note 19; Company These obligations are secured by a pledge over the leased assets as disclosed in Note 11. The discount rate implicit in the leases is between 1.88% to 3.61% (2024: 1.88% to 3.61%) per annum. Group - 74 -
RkJQdWJsaXNoZXIy NDgzMzc=