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Trade and Other Payables

6 Months Ended

Jun. 30, 2024

TRADE AND OTHER PAYABLES

	December 31, 2023		June 30, 2024
	RM		RM		USD
Trade payables		2,326,371		1,699,707		360,321
Accruals		6,901,199		2,783,291		590,031
Sundry payables		2,592,465		16,543,862		3,507,136
Advance from a director - subsidiaries		7,563,894		-		-
Total		19,383,929		21,026,860		4,457,488

Trade payables mainly consist of the consultant fees in relation to legal counsel, auditors and investment banking firms in which we engaged for our clients.

Accruals consist mainly of staff salaries and consultant fees for which services have been performed but not been billed.

Sundry payables consist mainly of audit fees, secretarial fees, renovation expenses and other professional fees.

Advances from a director - subsidiaries is unsecured, interest-free and repayable on demand in cash.

The above balances that are not denominated in the functional currency are as follows:

	December 31, 2023		June 30, 2024
	RM		RM

United States dollar		1,416,836		350,167
Singapore Dollars		-		6,000