MSTGOLF Annual Report 2024

183 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD 19. TRADE PAYABLES Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Third parties 10,879 12,490 - - Amount owing to a related party - 314 - - 10,879 12,804 - - The normal credit term on trade payables ranging from 7 to 60 days (2023: 7 to 60 days). Amount owing to a related party Related party refer to an entity that is related to the corporate shareholder of PT MST Golf Indonesia. The amount owing to a related party is unsecured, interest free and repayable on demand. 20. OTHER PAYABLES Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Non-current liabilities Amount owing to a corporate shareholder of subsidiary 8,195 - - - Current liabilities Non-trade payables 3,631 4,352 13 45 Accruals 7,073 8,256 1,018 1,464 Deposits received 288 257 - - Service tax payable 132 102 - - GST payable 380 212 - - 11,504 13,179 1,031 1,509 The amount owing to corporate shareholder are unsecured, interest bearing at 7.25% (2023: Nil) per annum and payable on demand.

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