106 FGV HOLDINGS BERHAD 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 Asian Plantations (Sarawak) Sdn Bhd (continued) Fortune Plantation Sdn Bhd Malaysia Oil palm plantation – – 100.0 100.0 – – – – Asian Plantations Milling Malaysia Oil palm milling – – 100.0 100.0 – – – – Sdn Bhd Subsidiary of Incosetia Sdn Bhd South Asian Farms Malaysia Dormant – – 100.0 100.0 – – – – Sdn Bhd Subsidiaries of Asian Plantations (Sarawak) II Sdn Bhd Kronos Plantation Sdn Bhd Malaysia Oil palm plantation – – 100.0 100.0 – – – – Grand Performance Sdn Bhd Malaysia Oil palm plantation – – 100.0 100.0 – – – – Subsidiary of Asian Plantations Sarawak III Sdn Bhd Jubilant Paradise Sdn Bhd Malaysia Oil palm plantation – – 60.0 60.0 40.0 40.0 – – Subsidiaries of FGV Kalimantan Sdn Bhd PT. Citra Niaga Perkasa # Indonesia Oil palm plantation – – 95.0 95.0 5.0 5.0 – – PT. Temila Agro Abadi # Indonesia Oil palm Plantation – – 95.0 95.0 5.0 5.0 – – PT Bumi Agro Nusantara # Indonesia Management and – – 100.0 100.0 – – – – consulting services Subsidiaries of FGV Investment (L) Pte. Ltd. FGV Myanmar (L) Pte. Ltd. Malaysia Under liquidation – – 100.0 100.0 – – – – (Note 4) FGV Cambodia (L) Pte. Ltd. Malaysia Investment holding – – 100.0 100.0 – – – –
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