MKH Berhad 203 32. LOANS AND BORROWINGS (CONT’D) Term loan IX of RM1,660,163 (2020: RM2,905,307) is repayable by 60 monthly instalments of RM100,000 each, commencing on 1st month fromdate of disbursement and is secured and supported as follows: (a) legal charge over the leasehold building of a subsidiary; (b) assignment of all rights, title and interest in respect of rental proceeds from leasehold building; and (c) corporate guarantee of the Company. Secured revolving credit XI of RM40,773,000 (2020: RM38,160,000) is repayable on demand. All revolving credits are secured and supported as follows: (a) legal charge over the leasehold land and building of a subsidiary; (b) specific debenture by way of fixed and floating charge over the leasehold land and building of a subsidiary; (c) legal assignment of rental proceeds from the investment property of a subsidiary; and (d) corporate guarantee of the Company. Secured bank overdraft I of RMNil (2020: RM1,202,499) is repayable on demand and is secured and supported as follows: (a) legal charge over the leasehold land and building of a subsidiary; and (b) corporate guarantee of the Company. Unsecured term loan of RM17,438,528 (2020: RM6,243,183) and Unsecured revolving credit of RM146,031,600 (2020: RM175,653,600) of the Group are repayable on demand and are supported by corporate guarantee of the Company. Unsecured revolving credits of RM138,031,600 (2020: RM167,653,600) of the Company are repayable on demand. Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021
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