MSM Malaysia Holdings Berhad Annual Report 2020

4 FINANCIAL RISK MANAGEMENT (CONTINUED) (a) Financial risk management policies (continued) Liquidity risk (continued) Less than Between 1 Between 2 Over Company 1 year and 2 years and 5 years 5 years Total RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2020 Payables 2,528 - - - 2,528 Amounts due to subsidiaries 751 - - - 751 Amounts due to other related companies 4 - - - 4 Amount due to immediate holding company 6,096 - - - 6,096 Loan due to a subsidiary 30,194 17,338 58,585 34,931 141,048 Loan due to a related company 10,108 - - - 10,108 Amount due to ultimate holding body 221 - - - 221 Borrowings 57,051 70,346 253,014 278,512 658,923 Lease liabilities 885 738 - - 1,623 Total undiscounted financial liabilities 107,838 88,422 311,599 313,443 821,302 At 31 December 2019 Payables 2,155 - - - 2,155 Amounts due to subsidiaries 680 - - - 680 Amounts due to other related companies 61 - - - 61 Amount due to immediate holding company 5,852 - - - 5,852 Loan due to a subsidiary 94,758 - - - 94,758 Loan due to a related company 37,116 - - - 37,116 Borrowings 136,633 66,787 259,161 423,857 886,438 Lease liabilities 750 750 625 - 2,125 Total undiscounted financial liabilities 278,005 67,537 259,786 423,857 1,029,185 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 171 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING