FGV Audited Financial Statements 2019

143 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 FGV Johore Bulkers Sdn. Bhd. (formerly known as Felda-Johore Bulkers Sdn. Bhd.) FGV Bulkers Sdn. Bhd. Malaysia Storing and handling export of palm oil, oleochemical products, latex concentrate and SMR - - 86.3 86.3 13.7 13.7 - - P.T. Patisindo Sawit * Indonesia Storing and handling export of vegetable oil - - 72.7 72.7 27.3 27.3 - - Langsat Bulkers Sdn. Bhd. Malaysia Provision of bulking installation services for palm oil and related vegetable oil products - - 73.1 73.1 26.9 26.9 - -