ANNUAL REPORT 2025 205 NOTES TO THE FINANCIAL STATEMENTS 200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 33. Commitments (a) Capital commitments 2025 2024 RM RM Capital commitments as at the reporting date are as follows: Approved and contracted for: Property, plant and equipment 24,337,277 23,594,010 (b) Hire purchase commitments 2025 2024 RM RM Minimum lease payments: Not later than 1 year 26,495,716 19,544,017 Later than 1 year but not later than 2 years 19,614,320 15,615,851 Later than 2 years but not later than 5 years 22,992,623 23,955,464 Total minimum lease payments 69,102,659 59,115,332 Less: Amounts representing finance charges (6,952,513) (6,578,602) Present value of minimum lease payments 62,150,146 52,536,730 Present value of payments: Not later than 1 year 23,066,467 16,764,841 Later than 1 year but not later than 2 years 17,468,092 13,615,589 Later than 2 years but not later than 5 years 21,615,587 22,156,300 Present value of minimum lease payments 62,150,146 52,536,730 Less: Amount due within 12 months (Note 24) (23,066,467) (16,764,841) Amount due after 12 months (Note 24) 39,083,679 35,771,889 Group The Group has entered into hire purchase arrangements for certain items of plant and equipment as disclosed in Note 11. Future minimum lease payments under hire purchases together with the present value of the net minimum lease payments are as follows: Group - 85 -
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