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. 292 41. OPERATING LEASE ARRANGEMENTS - THE GROUP AS LESSOR The Group has entered into property leases on its investment properties, which comprise an international school and other retail properties, with the remaining non-cancellable lease period ranging from 1 year to 15 years (2023: 2 years to 16 years). The lease contracts contain fixed upward revision of the rental charges over the lease period. Future minimum rental receivables under non-cancellable operating leases at the reporting date but not recognised as receivables, are as follows: The Group 2024 2023 RM RM Not later than 1 year 24,619,201 21,470,998 Later than 1 year but not later than 5 years 24,359,932 30,511,265 Later than 5 years 20,961,861 23,390,041 69,940,994 75,372,304 42. FINANCIAL INSTRUMENTS Categories of financial instruments The following table analyses the financial assets and financial liabilities in the statements of financial position by the class of financial instruments to which they are assigned, and therefore by the measurement basis: The Group The Company 2024 2023 2024 2023 RM RM RM RM Financial assets At FVTPL: Other investment 1,075,269 756,237 - - Short-term placements 154,218,308 63,670,729 - - At amortised cost: Receivables and deposits 212,070,058 208,188,391 71,017,568 79,496,728 Cash, bank balances, and term deposits 354,308,540 302,115,289 4,667,496 1,416,743

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