250 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2023 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 20. Investment in joint ventures Group 2023 RM million 2022 RM million Unquoted shares at cost - Within Malaysia 9 9 - Outside Malaysia 124 124 Share of post acquisition reserves 113 179 Share of foreign currency translation reserve 113 107 Share of net assets of joint ventures 359 419 Company 2023 RM million 2022 RM million Unquoted shares at cost: - Outside Malaysia - 120 During the current financial year, the Company completed the disposal of its 49% equity interest in PTSC Asia Pacific Pte. Ltd. (“PTSCAP”) and 49% equity interest in PTSC South East Asia Pte. Ltd. (“PTSCSEA”), with an aggregate cost of investment of RM120 million, to Yinson Production Capital Pte. Ltd. (“YPCPL”), an indirect wholly owned subsidiary of the Company for a total consideration of RM377 million which was settled via novation of amount owing to the Company by YPCPL.
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