Sasbadi Annual Report 2020

113 ANNUAL REPORT 2020 FINANCIAL STATEMENTS (continued) 17. Loans and borrowings (continued) 17.2 Term loans The term loans of the Group are secured by charges over the land and buildings (Note 3), investment properties (Note 4), asset classified as held for sale (Note 15), corporate guarantees by the Company and letter of negative pledge. 17.3 Bank overdrafts The bank overdrafts of the Group are secured by charges over the land and buildings (Note 3), pledged deposits (Note 14.1), asset classified as held for sale (Note 15), corporate guarantees by the Company and letter of negative pledge. 17.4 Bankers’ acceptances The bankers’ acceptances are secured by charges over the land and buildings (Note 3), asset classified as held for sale (Note 15), corporate guarantees by the Company and letter of negative pledge. 18. Trade and other payables Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Trade Trade payables 2,661 6,590 - - Non-trade Amount due to a subsidiary 18.1 - - 6,776 6,853 Other payables and accrued expenses 18.2 9,623 10,894 225 407 12,284 17,484 7,001 7,260 18.1 Amount due to a subsidiary Amount due to a subsidiary is non-trade in nature, unsecured, interest free and repayable on demand. 18.2 Other payables and accrued expenses Included in other payables and accrued expenses of the Group are accrued royalties payable of RM3,104,000 (2019: RM4,351,000). Included in other payables and accrued expenses of the Group and of the Company is an amount due to Directors of RM163,000 (2019: RM324,000).