FGV Audited Financial Statements 2019

138 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 Felda Holdings Bhd. (continued) FGV Prodata Systems Sdn. Bhd. Malaysia Provision of computer services, sale of computer software and equipment - - 80.0 80.0 20.0 20.0 - - FGV Johore Bulkers Sdn. Bhd. (formerly known as Felda-Johore Bulkers Sdn. Bhd.) Malaysia Storing and handling of palm oil products - - 73.1 73.1 26.9 26.9 - - FGV Rubber Industries Sdn. Bhd. Malaysia Processing of raw latex to concentrated latex and Standard Malaysia Rubber (“SMR”) - - 71.4 71.4 28.6 28.6 - -