MKH Annual Report 2023

MKH BERHAD | ANNUAL REPORT 2023 207 15. INVESTMENT IN SUBSIDIARIES (CONT’D) Non-controlling interests (Cont’d) The financial information of the subsidiaries that have material NCI before intra-group elimination are as follows: (Cont’d) Amona Metro Development Sdn. Bhd. PT Maju Kalimantan Hadapan Alif Mesra Sdn. Bhd. Temara Pekeliling Sdn. Bhd. Vista Haruman Development Sdn. Bhd. MKH Property Ventures Sdn. Bhd. Amona MKH Ventures Sdn. Bhd. RM RM RM RM RM RM RM 2022 Cash flows from/(used in): Operating activities 39,559,228 73,236,942 60,022,668 39,696,281 287,047 19,170,614 (146,631) Investing activities - (12,277,875) - - - (37,890,462) (5,000,000) Financing activities (64,002,298) (81,918,680) (42,200,000) (64,002,298) - 20,000,000 10,112,708 Net (decrease)/increase in cash and cash equivalents (24,443,070) (20,959,613) 17,822,668 (24,306,017) 287,047 1,280,152 4,966,077 Dividends paid to NCI 23,404,524 - - 4,488,691 - - - There are no significant restrictions on the Company’s ability to access or use the assets and to settle the liabilities of the Group. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023

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