NOTES TO THE FINANCIAL STATEMENTS For the Financial Year Ended 31 December 2025 (cont’d) 25. LOANS AND BORROWINGS (CONT’D) Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Non-current Term loans 67,930 131,336 67,930 117,103 Block discounting 5,958 10,751 - - Sukuk wakalah 1,162,500 1,000,000 1,162,500 1,000,000 1,236,388 1,142,087 1,230,430 1,117,103 Current Term loans 26,959 34,948 26,959 33,393 Revolving credits 66,500 71,200 35,000 40,000 Block discounting 5,532 5,845 - - Sukuk wakalah 325,000 - 325,000 - Margin financing 20,778 10,824 - - 444,769 122,817 386,959 73,393 1,681,157 1,264,904 1,617,389 1,190,496 The repayment term of loans and borrowings are as follows: (i) Term loans are repayable by 60 to 120 (2024: 60 to 120) months. (ii) Revolving credits are repayable not more than 180 (2024: 180) days. (iii) Block discounting are repayable by 33 to 60 (2024: 33 to 60) months. (iv) Sukuk wakalah are repayable within 5 (2024: 5) years. (v) Margin financing are repayable on demand. The loans and borrowings are secured by the following: (a) Term loans (i) A placement of certain fixed deposits of the Group and of the Company as disclosed in Note 20 to the financial statements; (ii) Specific charges over the buildings and investment properties of the Group and of the Company as disclosed in Notes 3 and 4 to the financial statements respectively; and (iii) First party legal charge over the ROU assets of the Group as disclosed in Note 5 to the financial statements. (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 as disclosed in Notes 3 and 4 to the financial statements respectively. (c) Block discounting (i) Master agreement between the subsidiaries and the bank; (ii) Assignment of Hire Purchase/Non-Act Leasing Agreements through a power of attorney in favour of the bank; (iii) Pledged over the fixed deposits with a licensed bank of the subsidiaries as disclosed in Note 20 to the financial statements; and (iv) Corporate guarantee by the Company. FINANCIAL STATEMENTS 257
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