128 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 Felda Holdings Bhd. (continued) FGV Agri Services Sdn. Bhd. Malaysia Research and development, providing advisory services and production and sale of agricultural products - - 76.9 76.9 23.1 23.1 - - Felda Travel Sdn. Bhd. Malaysia Travel and tour agent - - 100.0 100.0 - - 100.0 100.0 Malaysia Cocoa Manufacturing Sdn. Bhd. Malaysia Ceased operations in 2014 - - 100.0 100.0 - - - - FGV Fertiliser Sdn. Bhd. Malaysia Manufacture and sales of fertilisers - - 100.0 100.0 - - - - FGV Prodata Systems Sdn. Bhd. Malaysia Provisions of information technology solutions, sales of computer hardware, software and equipment and system support services - - 80.0 80.0 20.0 20.0 - -
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