108 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 Pontian United Plantations Berhad (continued) Yapidmas Plantation Malaysia Cultivation of – – 100.0 100.0 – – – – Sdn Bhd oil palm and provision of management services Sri Kehuma Sdn Bhd Malaysia Cultivation of – – 100.0 100.0 – – – – oil palm Ladang Kluang Sdn Bhd Malaysia Cultivation of – – 100.0 100.0 – – – – oil palm Tanah Emas Oil Palm Malaysia Operation of a – – 100.0 100.0 – – – – Processing Sdn Bhd palm oil mill Subsidiaries of Sabahanya Plantations Sdn Bhd Rawajaya Sdn Bhd Malaysia Cultivation of – – 100.0 100.0 – – – – oil palm Blossom Plantations Malaysia Cultivation of – – 100.0 100.0 – – – – Sdn Bhd oil palm Subsidiaries of Felda Holdings Bhd. FGV Palm Industries Malaysia Investment holding, – – 72.0 72.0 28.0 28.0 – – Sdn Bhd provision of tolling services related to the processing of FFB into crude palm oil and palm kernel and the sale of by-products from tolling activities
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