110 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 Felda Holdings Bhd (continued) Felda Engineering Malaysia Engineering – – 51.0 51.0 49.0 49.0 – – Services Sdn Bhd services including project management, sale of industrial equipment and property management FGV Transport Services Malaysia Provision of liquid – – 51.0 51.0 49.0 49.0 – – Sdn Bhd and general cargo transportation, courier and forwarding services and jetty operation services FGV Security Services Malaysia Provision of security – – 51.0 51.0 49.0 49.0 – – Sdn Bhd services, sale of security appliances, sales and provision of services of fire protection equipment, pest control and training services F.W.Q. Enterprises Pakistan Provision of liquid (Pvt.) Ltd.* cargo storage – – 65.0 65.0 35.0 35.0 – – terminal/jetty/berth facilities FGV Logistics Sdn Bhd Malaysia Provision of – – 90.0 90.0 10.0 10.0 – – transportation FGV Products Sdn Bhd Malaysia Sales, marketing, – – 100.0 100.0 – – – – and distribution of retail packed consumer products Subsidiaries of FGV Palm Industries Sdn Bhd FGV Refineries Sdn Bhd Malaysia Provision of crude – – 48.0 48.0 52.0 52.0 – – palm oil and palm kernel processing service
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