MKH Annual Report 2024

Notes to the Financial Statements for the Financial Year Ended 30 September 2024 MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 274 33. LOANS AND BORROWINGS (CONT’D) (d) deed of subordinate in respect of shareholders’ advances and loans to the related companies; (e) deed of assignment or charge over all designated accounts to be maintained with the bank for certain subsidiaries; (f) first party open monies deed of assignment of a subsidiary; (g) deposit of titles to the land held for property development of a subsidiary; (h) pledged of shares of a subsidiary; and (i) corporate guarantee of the Company or MKH Oil Palm (East Kalimantan) Berhad, a wholly owned subsidiary of the Company. Secured bank overdrafts are secured as follows: (a) third party first legal charge over the leasehold land and building of certain subsidiaries; and (b) corporate guarantee of the Company. Unsecured term loan is supported by corporate guarantee of MKH Oil Palm (East Kalimantan) Berhad, a wholly owned subsidiary of the Company. Unsecured revolving credits are supported by corporate guarantee of the Company. 34. DIVIDENDS Net dividend per share Total amount Date of payment Sen RM 2024 Interim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 September 2023 4.0 23,096,635 10 January 2024 2023 Interim single tier dividend of 4.0 sen per ordinary share in respect of the financial year ended 30 September 2022 4.0 23,096,635 6 January 2023

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