FGV HOLDINGS BERHAD | ANNUAL INTEGRATED REPORT 2023 65 LOGISTICS & SUPPORT The Logistics and Support Division effectively capitalised on opportunities arising from robust domestic demand, improved labour markets, and increased tourism. This was achieved through strategic capacity expansion, asset optimisation, technology adoption, and successful initiatives in various segments, further reinforcing the strategic approach. The Bulking & Storage segment met the rising market demand by expanding its storage capacity, while the Transport segment diversified its operations and service offerings to enhance capabilities and capacities, positioning itself as a comprehensive logistics provider in the market. The Information Technology (IT) segment gained momentum and optimised its operations, whereas the Travel segment strategically capitalised on the surge in tourism, resulting in a significant improvement to its bottom line. GROUP BUSINESS REVIEW The Logistics and Support Division strengthens our core operations by managing assest flow and driving group-wide efficiencies.
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