MKH Annual Report 2020

169 MKH BERHAD 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Amona Metro Development Sdn. Bhd. RM PT Maju Kalimantan Hadapan RM Alif Mesra Sdn. Bhd. RM Temara Pekeliling Sdn. Bhd. RM Vista Haruman Development Sdn. Bhd. RM MKH Property Ventures Sdn. Bhd. RM 2020 Cash flows from/  (used in):  Operating activities 82,806,687 40,904,760 (31,729,438) 81,451,931 840,652 (9,056,881)  Investing activities - (2,622,048) - 913,439 - -  Financing activities (45,894,330) (33,255,583) 30,408,252 (45,894,330) (9,000,000) - Net increase/  (decrease) in cash and cash equivalents 36,912,357 5,027,129 (1,321,186) 36,471,040 (8,159,348) (9,056,881) Dividends paid to NCI - - - - 4,050,000 - 2019 Cash flows from/  (used in):  Operating activities (25,096,514) 37,173,414 (19,003,749) (23,206,591) 47,505,003 (2,705,756)  Investing activities - (16,228,792) - (913,349) - -  Financing activities 22,817,680 (19,603,025) 21,777,973 22,682,515 (37,588,359) - Net increase/  (decrease) in cash and cash equivalents (2,278,834) 1,341,597 2,774,224 (1,437,425) 9,916,644 (2,705,756) Dividends paid to NCI - - - - - - There are no significant restrictions on the Company’s ability to access or use the assets and to settle the liabilities of the Group except for the covenants of the bank term loans taken by PT Maju Kalimantan Hadapan and PT Sawit Prima Sakti, subsidiaries of the Company, which restrict the ability of the subsidiaries to provide advances to other companies within the Group and to declare dividends to its shareholders until full settlement of the loans unless prior written consent is obtained from the lenders. The assets to which such restrictions apply are the cash and cash equivalents of the subsidiaries included in the consolidated financial statements amounting to RM12,664,674 (2019: RM12,399,248). Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020