MKH Berhad 167 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Non-controlling interests (Cont’d) Amona Vista MKH Metro PT Maju Temara Haruman Property Development Kalimantan Alif Mesra Pekeliling Development Ventures Sdn. Bhd. Hadapan Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. RM RM RM RM RM RM 2021 Cash flows from/(used in): Operating activities 49,509,841 106,031,050 99,819,229 49,835,482 5,244,660 (34,611,379) Investing activities - (6,324,208) - - - - Financing activities (27,500,000) (77,103,425) (53,929,822) (27,500,000) - 49,590,000 Net increase in cash and cash equivalents 22,009,841 22,603,417 45,889,407 22,335,482 5,244,660 14,978,621 Dividends paid to NCI - - - - - - 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 - 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, subsidiary of the Company, which restrict the ability of the subsidiary 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 subsidiary included in the consolidated financial statements amounting to RM10,259,714 (2020: RM12,664,674). Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021
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