122 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 23 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: (continued) Name of subsidiary Place of business/ country of incorporation Nature of business Proportion of ordinary shares directly held by FGVH Proportion of ordinary shares held by the Group Proportion of ordinary shares held by non-controlling interests Proportion of RCPS/RCCPS held by the Group 2023 % 2022 % 2023 % 2022 % 2023 % 2022 % 2023 % 2022 % Indirect subsidiaries (continued) Subsidiaries of Twin Rivers Technologies Holding, Inc. Twin Rivers Technologies Manufacturing Corporation # United States of America Procurement, processing and supply of fatty acids - - 100.0 100.0 - - - - TRT Europe GambH # Germany Germany Dormant - - 100.0 100.0 - - - - Subsidiary of Twin Rivers Technologies Manufacturing Corporation Fore River Transportation Corporation # United States of America Operation, management and maintenance of a railroad service - - 100.0 100.0 - - - - Subsidiaries of FGV Plantations Sdn. Bhd. FGV Plantations (Malaysia) Sdn. Bhd. Malaysia Production and sales of FFB, rubber cup-lump and other agricultural products - - 100.0 100.0 - - - - FGV Kalimantan Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - FGV Trading Sdn. Bhd. Malaysia Purchasing of oil palm FFB, processing, refining and sale of its finished products, and trading of commodities products - - 100.0 100.0 - - - -
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