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254 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) FoR BEttER REtURNS

notes to the
financial statements
for the year ended 31 december 2022

36. CAPITAL COMMITMENT

Group and KWAP
31 December 31 December
2022 2021
RM’000 RM’000

authorised and contracted for:
paintings, office furniture and equipment - 7
electronic equipment - 1,156
Vehicles 227 -
computer software 1,507 17,488
professional service 1,097 9,817
2,831 28,468

authorised and not contracted for:
office renovation 49 -
computers 13 8
paintings, office furniture and equipment - 1
electronic equipment 15 1
computer software 110 -
187 10
3,018 28,478

37. SUBSEQUENT EVENT DISCLOSURE

Withdrawal by the Government of Malaysia
on 13 march 2023, the minister of finance (mof) issued a formal letter to KWap to request a withdrawal of rm3.0
billion to partially finance the government of malaysia’s pension obligations in accordance with section 13 (5) of the
retirement fund act 2007 (act 662). the mof requested the withdrawal to be gradually disbursed in four tranches,
with the first two tranches of rm0.5 billion each for June and July 2023 and rm1.0 billion each for october and
november 2023.