Press Metal Aluminium Holdings Berhad SECTION 6 • FINANCIAL STATEMENTS 282 Notes to the Financial Statements 16. LOANS AND BORROWINGS (CONT’D) 16.1 Bank loans Group Company 2024 RM’000 2023 RM’000 2024 RM’000 2023 RM’000 Loan 1 – unsecured 103,173 166,107 - - Loan 2 – secured 142 645 - - Loan 3 – secured 504,111 763,190 504,111 763,189 Loan 4 – secured 8,426 10,663 - - Loan 5 – unsecured 24,167 34,167 - - Loan 6 – unsecured 14,680 76,377 14,680 76,378 Loan 7 – unsecured 140,978 208,845 - - Loan 8 – unsecured 108,667 92,015 - - Loan 9 – secured 22,895 33,035 - - Loan 10 – unsecured - 1,840 - - Loan 11 – unsecured 2,359 - - - Loan 12 – unsecured 4,860 - - - Loan 13 – unsecured 1,168 - - - 935,626 1,386,884 518,791 839,567 Securities and guarantees Loan 1 No security or guarantee Loan 2 Secured over buildings of a subsidiary with a carrying amount of RM4,853,000 (2023: RM4,967,000) and guaranteed by a subsidiary Loan 3 Secured over 3,856,033 shares (2023: 3,856,033 shares) of an associate and deposits pledged with a licensed bank of RM76,993,000 (2023: RM78,955,000) Loan 4 Secured over land and building of a subsidiary with carrying amounts of RM2,615,000 (2023: RM2,943,000) and RM8,456,000 (2023: RM9,518,000) respectively Loan 5 No security or guarantee Loan 6 No security or guarantee Loan 7 No security or guarantee Loan 8 No security or guarantee Loan 9 Secured over machineries of a subsidiary with a carrying amount of RM35,236,000 (2023: RM38,435,000) and guaranteed by a subsidiary Loan 10 No security or guarantee Loan 11 No security or guarantee Loan 12 No security or guarantee Loan 13 No security or guarantee
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