FGV HOLDINGS BERHAD | AUDITED FINANCIAL STATEMENTS 2023 193 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 53 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Apart from the individually significant transactions as disclosed in Notes 27, 44, 45, 51, and 53 to the financial statements, the Group and the Company have collectively, but not individually, significant transactions with other government-related entities which include but not limited to the following: (i) Purchasing of goods and services, including use of public utilities and amenities (ii) Placing of bank deposits with government-related financial institutions These transactions are conducted in the ordinary course of the Group’s business on terms consistently applied in accordance with the Group’s internal policies and processes. These terms do not depend on whether the counterparties are government-related entities or not. Significant related parties and relationships are summarised as follows: (i) Subsidiaries FGV Trading Sdn. Bhd. (“FGV Trading”) FGV Kernel Products Sdn. Bhd. (“FKPSB”) FGV Bulkers Sdn. Bhd. (“FBSB”) FGV Refineries Sdn. Bhd. (“FGVRSB”) FGV Fertiliser Sdn. Bhd. (“FGVF”) FGV Prodata Systems Sdn. Bhd. (“Prodata”) FGV Security Sdn. Bhd. (“FSSSB”) FGV Agri Services Sdn. Bhd. (“FASSB”) Felda Travel Sdn. Bhd. (“Felda Travel”) FGV Capital Sdn. Bhd. (“FGVC”) FGV Plantations (Malaysia) Sdn. Bhd. (“FGVPM”) FGV Rubber Industries Sdn. Bhd. (“FRISB”) (ii) Joint ventures FGV Iffco Sdn. Bhd. Group (“FISB Group”) MAPAK Edible Oil Pvt. Ltd. (“MAPAK”) FPG Oleochemicals Sdn. Bhd. (“FPG”) (iii) Associate F.K.W Global Commodities (Private) Limited (“FKW”) (iv) Other related companies Yayasan FELDA (Entity controlled by FELDA)
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