109 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 Felda Holdings Bhd (continued) FGV Agri Services Sdn Bhd Malaysia Research and – – 76.9 76.9 23.1 23.1 – – development, providing advisory services and production and sale of agricultural products Felda Travel Sdn Bhd Malaysia Travel and tour agent – – 100.0 100.0 – – 100.0 100.0 Malaysia Cocoa Malaysia Ceased operations – – 100.0 100.0 – – – – Manufacturing Sdn Bhd in 2014 FGV Fertiliser Sdn Bhd Malaysia Manufacture and – – 100.0 100.0 – – – – sales of fertilisers FGV Prodata Systems Malaysia Provisions of – – 80.0 80.0 20.0 20.0 – – Sdn Bhd information technology solutions, sales of computer hardware, software and equipment and system support services FGV Johore Bulkers Malaysia Storing and handling – – 73.1 73.1 26.9 26.9 – – Sdn Bhd of vegetable oil and trading in palm kernel shell FGV Rubber Industries Malaysia Processing of – – 71.4 71.4 28.6 28.6 – – Sdn Bhd raw latex to concentrated latex and Standard Malaysia Rubber (“SMR”), manufacturing, trading and distribution of rubber related products
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