107 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 Cambodia (L) Pte. Ltd. FGV-CVC (Cambodia) Cambodia Production and – – 75.0 75.0 25.0 25.0 – – Co. Ltd. # export of rubber blocks Subsidiaries of Pontian United Plantations Berhad Redefined Land Sdn Bhd Malaysia Investment holding – – 100.0 100.0 – – – – Kilang Kelapa sawit Malaysia Investment holding – – 100.0 100.0 – – – – Pontian Sdn Bhd Bangsan Sdn Bhd Malaysia Investment holding – – 100.0 100.0 – – – – Sabahanya Plantations Malaysia Investment holding – – 100.0 100.0 – – – – Sdn Bhd @ and cultivation of oil palm Pontian Fico Plantations Malaysia Investment holding, – – 78.3 78.3 21.7 21.7 – – Sdn Bhd cultivation and purchase of oil palm FFB, processing, saled of its finished products Pontian Orico Plantations Malaysia Cultivation of – – 78.3 78.3 21.7 21.7 – – Sdn Bhd oil palm and sales of oil palm seedlings Pontian Pendirosa Malaysia Cultivation of – – 78.3 78.3 21.7 21.7 – – Plantations Sdn Bhd oil palm and investment holding Pontian Materis Plantations Malaysia Cultivation of oil – – 78.3 78.3 21.7 21.7 – – Sdn Bhd palm and investment holding Pontian Hillco Plantations Malaysia Cultivation – – 78.3 78.3 21.7 21.7 – – Sdn Bhd oil palm Pontian Subok Plantations Malaysia Cultivation of – – 78.3 78.3 21.7 21.7 – – Sdn Bhd oil palm
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