FGV Audited Financial Statements 2019

128 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 24 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 2019 % 2018 % 2019 % 2018 % 2019 % 2018 % 2019 % 2018 % Indirect subsidiaries (continued) Subsidiaries of Twin Rivers Technologies Holding, Inc. Twin Rivers Technologies Manufacturing Corporation # United States of America Procurement, processing and supply of fatty acids - - 100.0 100.0 - - - - TRT Europe GambH # Germany Dormant - - 100.0 100.0 - - - - Subsidiary of Twin Rivers Technologies Manufacturing Corporation Fore River Transportation Corporation # United States of America Operation, management and maintenance of a railroad service - - 100.0 100.0 - - - -