FGV Audited Financial Statements 2019

132 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 FGV Kalimantan Sdn. Bhd. PT. Citra Niaga Perkasa # Indonesia Oil palm plantation - - 95.0 95.0 5.0 5.0 - - PT. Temila Agro Abadi # Indonesia Oil palm Plantation - - 95.0 95.0 5.0 5.0 - - PT Bumi Agro Nusantara # Indonesia Management and consulting services - - 100.0 100.0 - - - - Subsidiaries of FGV Investment (L) Pte. Ltd. FGV Myanmar (L) Pte. Ltd. Malaysia Investment holding - - 100.0 100.0 - - - - FGV Cambodia (L) Pte. Ltd. Malaysia Investment holding - - 100.0 100.0 - - - -