Frontken Berhad Annual Report 2020

Annual Report 2020 121 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Notes to the Financial Statements (cont’d) 26. TERM LOANS The Group 2020 2019 RM RM Current liabilities – 843,865 (a) In the previous financial year, the term loans were secured by:- (i) legal charges over certain freehold land and buildings of the Group as disclosed in Note 11 to the financial statements; (ii) legal charges over the long-term leasehold land and buildings of the Group as disclosed in Notes 11 and 12 to the financial statements; (iii) corporate guarantees of the Company; and (iv) fixed deposits as disclosed in Note 20 to the financial statements. (b) The interest rate profile of the term loans is summarised below:- Effective Interest Rate The Group 2020 2019 2020 2019 % % RM RM Floating rate term loans – 3.40 - 3.76 – 843,865 27. DIVIDENDS The Group/The Company 2020 2019 RM RM Second interim single-tier dividend of 0.8 sen per ordinary share in respect of the financial year ended 31 December 2018, paid on 25 March 2019 – 8,383,748 First interim single-tier dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2019, paid on 27 September 2019 – 10,479,685 Second interim single-tier dividend of 1.5 sen per ordinary share in respect of the financial year ended 31 December 2019, paid on 13 April 2020 15,719,528 – First interim single-tier dividend of 1.2 sen per ordinary share in respect of the current financial year, paid on 22 September 2020 12,575,622 – 28,295,150 18,863,433