MKH Berhad 197 Notes to the Financial Statements For the Financial Year Ended 30 September 2022 LOANS AND BORROWINGS (CONT’D) 33. Term loan IX of RM3,940,656 (2021: RMNil) is repayable on demand and is secured and supported as follows: DIVIDEND 34. Date of payment 2022 7 January 2022 Interim single tier dividend of 3.5 sen per ordinary share in respect of the financial year ended 30 September 2021 Total amount RM 20,209,552 Net dividend per share Sen 3.5 2021 8 January 2021 Interim single tier dividend of 3.0 sen per ordinary share in respect of the financial year ended 30 September 2020 17,322,476 3.0 A first interim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 September 2022 amounting to RM23,096,635 was declared on 29 November 2022 and to be paid on 6 January 2023. The financial statements for the current financial year do not reflect the dividend. Such dividend will be accounted in equity as an appropriation of retained earnings in the financial year ending 30 September 2023. The directors do not recommend any final dividend payment in respect of the financial year ended 30 September 2022. (a) (b) (c) (d) (e) deposit of titles to the land held for property development of a subsidiary; specific debenture over the property project; deed of assignment or charge over all designated accounts to be maintained with the bank; assignment over all applicable insurance policies; and corporate guarantee of the Company. Unsecured term loan of RM2,317,544 (2021: RM17,438,528) and Unsecured revolving credit of RM168,200,000 (2021: RM146,031,600) of the Group are repayable on demand and are supported by corporate guarantee of the Company. Unsecured revolving credits of RM150,200,000 (2021: RM138,031,600) of the Company are repayable on demand.
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