130 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 Transport Services Sdn. Bhd. Malaysia Provision of liquid and general cargo transportation, courier and forwarding services and jetty operation services - - 51.0 51.0 49.0 49.0 - - FGV Security Services Sdn. Bhd. Malaysia Provision of security services, sale of security appliances, sales and provision of services of fire protection equipment, pest control and training services - - 51.0 51.0 49.0 49.0 - - F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of liquid cargo storage terminal/jetty/berth facilities - - 65.0 65.0 35.0 35.0 - - FGV Logistics Sdn. Bhd. Malaysia Provision of transportation - - 90.0 90.0 10.0 10.0 - -
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