105 AUDITED FINANCIAL STATEMENTS 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 24 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: (continued) Place of business/ Proportion of Name of country of Nature of Proportion of ordinary shares Proportion of ordinary ordinary shares held by Proportion of RCPS/ subsidiary incorporation business directly held by FGVH shares held by the Group non-controlling interests RCCPS held by the Group 2021 2020 2021 2020 2021 2020 2021 2020 % % % % % % % % Indirect subsidiaries (continued) Subsidiaries of FGV Plantations Sdn Bhd FGV Plantations Malaysia Production and – – 100.0 100.0 – – – – (Malaysia) Sdn Bhd sales of FFB, rubber cup-lump and other agricultural products FGV Kalimantan Sdn Bhd Malaysia Investment holding – – 100.0 100.0 – – – – FGV Trading Sdn Bhd Malaysia Purchasing of oil – – 100.0 100.0 – – – – palm FFB, processing, refining and sale of its finished products, and trading of commodities products Subsidiaries of FGV Plantations (Malaysia) Sdn Bhd (Note 6) Asian Plantations Singapore Investment holding – – 100.0 100.0 – – – – Limited # (Note 6) Asian Plantations (Sarawak) Sdn Bhd Malaysia Investment holding – – 100.0 100.0 – – – – (Note 6) Asian Plantations (Sarawak) II Sdn Bhd Malaysia Investment holding – – 100.0 100.0 – – – – (Note 6) Subsidiaries of Asian Plantations Limited Asian Plantations Malaysia Investment holding – – 100.0 100.0 – – – – (Sarawak) III Sdn Bhd Subsidiaries of Asian Plantations (Sarawak) Sdn Bhd BJ Corporation Sdn Bhd Malaysia Oil palm plantation – – 100.0 100.0 – – – – Incosetia Sdn Bhd Malaysia Oil palm plantation – – 100.0 100.0 – – – –
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