FGV Audited Financial Statements 2019

140 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) F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of jetty services - - 65.0 65.0 35.0 35.0 - - Felda Plantations Sdn. Bhd. (Note 1) Malaysia Liquidated - - - 51.0 - 49.0 - - FGV Logistics Sdn. Bhd. Malaysia Provision of transportation - - 90.0 90.0 10.0 10.0 - - Subsidiaries of FGV Palm Industries Sdn. Bhd. FGV Refineries Sdn. Bhd. Malaysia Tolling services of crude palm oil and palm kernel oil - - 48.0 48.0 52.0 52.0 - - FGV Kernel Products Sdn. Bhd. Malaysia Processing of oil palm kernels - - 60.0 60.0 40.0 40.0 - -