28 LOANS DUE FROM SUBSIDIARIES Company 2024 2023 RM’000 RM’000 At 1 January 490,308 207,011 Additions 1,342,000 1,238,897 Repayment (1,031,562) (955,600) At 31 December 800,746 490,308 Analysed as: Non-current 750,000 – Current 50,746 490,308 800,746 490,308 Effective finance rate for the loans are as follows: Company 2024 2023 Finance rate % Effective finance rate Finance rate % Effective finance rate Term loan Fixed/floating 4.68–5.71 – – Short term loan Floating 3.05–5.85 Floating 3.83–5.78 Financing terms of short term loans due from subsidiaries are between 30 to 365 days (2023: 30 to 365 days). The loans are denominated as follows in Ringgit Malaysia. Notes to the Financial Statements For the financial year ended 31 December 2024 145
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