NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) 27. Loans and borrowings Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Secured Term loans 148,500 106,307 148,500 106,307 Revolving credits 121,700 41,700 100,000 20,000 Block discounting 22,858 12,540 - - 293,058 160,547 248,500 126,307 Unsecured Sukuk wakalah 150,000 - 150,000 - 443,058 160,547 398,500 126,307 Non-current Term loans 127,850 87,982 127,850 87,982 Block discounting 15,941 7,585 - - Sukuk wakalah 150,000 - 150,000 - 293,791 95,567 277,850 87,982 Current Term loans 20,650 18,325 20,650 18,325 Revolving credits 121,700 41,700 100,000 20,000 Block discounting 6,917 4,955 - - 149,267 64,980 120,650 38,325 443,058 160,547 398,500 126,307 The repayment term of loans and borrowings are as follows: (i) Term loans are repayable by 60 to 120 (2021: 60 to 120) months. (ii) Revolving credits are repayable not more than 180 (2021: 180) days. (iii) Block discounting are repayable by 57 to 60 (2021: 57 to 60) months. (iv) Sukuk wakalah are repayable within 5 (2021: Nil) years. The loans and borrowings are secured by the following: (a) Term loans (i) A placement of certain deposit of the Company; and (ii) Specific charges over the buildings and investment properties of the Group and of the Company. (b) Revolving credits (i) Facility agreement between a subsidiary of the Company and the bank, as principal instrument (ii) Corporate guarantee of the Company and certain subsidiaries; and (iii) A specific charge over the building of the Company. 218
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