177 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD 11. OTHER RECEIVABLES Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Non-current assets Long term deposit 1,118 437 - - Current assets Non-trade receivables 10,159 12,766 86 5,381 Prepayment 1,506 1,365 16 128 Deposits 4,714 4,978 - - 16,379 19,109 102 5,509 Long term deposit Long term deposit consists of rental paid in advance to landlords. Non-trade receivables Included in non-trade receivables is advance payments to suppliers amounting to RM3,012,000 (2023: RM5,655,000) for the procurement of inventories. This amount is unsecured, non-interest bearing and repayable on demand. 12. AMOUNT OWING BY SUBSIDIARIES Company 2024 2023 RM’000 RM’000 Non-current assets Non-trade related 7,823 8,294 Current assets Non-trade related 38,273 36,578 The amount owing by subsidiaries are unsecured, interest bearing range from 2.35% to 7.25% (2023: 2.70% to 2.90%) per annum and repayable on demand. 13. FIXED DEPOSITS WITH LICENSED BANKS Fixed deposits with licensed financial institution of the Group amounting to RM427,000 (2023: RM2,266,000) has been pledged to a financial institution as security for banking facilities granted to the Group as disclosed in Note 16 to the financial statements. The average maturity of fixed deposits with licensed banks as at the end of the financial year of the Group ranged from 30 to 365 days (2023: 30 to 365 days).
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