FGV Audited Financial Statements 2019

139 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 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) Felda Engineering Services Sdn. Bhd. Malaysia Engineering services including project management, sale of industrial equipment and road maintenance - - 51.0 51.00 49.0 49.0 - - FGV Transport Services Sdn. Bhd. Malaysia Provision of liquid and general cargo transportation, courier and forwarding services and jetty operation services - - 51.0 51.0 49.0 49.0 - - FGV Security Services Sdn. Bhd. Malaysia Provision of security services - - 51.0 51.0 49.0 49.0 - -