23 INVESTMENT IN SUBSIDIARIES (CONTINUED) (e) Summarised financial information on subsidiaries with material non-controlling interests Set out below are the summarised financial information for each subsidiary that has non-controlling interests that are material to the Group (other subsidiaries that have non-controlling interests are individually not significant). MSM Malaysia Holdings Berhad Group FGV Palm Industries Sdn. Bhd. 2024 2023 2024 2023 Interest held by non-controlling interest 49% 49% 28% 28% Summarised statements of financial position MSM Malaysia Holdings Berhad Group FGV Palm Industries Sdn. Bhd. 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Current Assets 1,256,194 989,263 801,600 825,501 Liabilities (1,448,761) (1,144,087) (185,072) (95,949) Total current net (liabilities)/assets (192,567) (154,824) 616,528 729,552 Non-current Assets 1,930,320 1,901,490 1,103,290 1,076,446 Liabilities (241,395) (281,590) (580,090) (316,415) Total non-current net assets 1,688,925 1,619,900 523,200 760,031 Net assets 1,496,358 1,465,076 1,139,728 1,489,583 FGV Holdings Berhad | Audited Financial Statements 2024 Notes to the Financial Statements For the financial year ended 31 December 2024 126
RkJQdWJsaXNoZXIy NDgzMzc=