FGV Annual Report 2013
Felda Global Ventures Holdings Berhad 243 22 INVESTMENT IN SUBSIDIARIES (Cont’d.) Financial year ended 31 December 2012 # On 12 April 2012, the Company transferred its 329,949,500 RCPS A, 570,590,000 RCCPS A and 322,057,400 RCCPS B in Felda Global Ventures North America Sdn. Bhd. (“FGVNA”), a wholly owned subsidiary of the Company, amounting to RM1,213,210,174 to FGVD to fully redeem 329,949,500 RCPS A, 570,590,000 RCCPS A and 322,057,400 RCCPS B of RM0.01 each held by FGVD amounting to RM519,510,174, following the disposal of 100% equity interest of FGVNA to FGVD. On 12 April 2012, the Company transferred its 102,274,300 RCCPS C in Felda Global Ventures Kalimantan Sdn. Bhd. (“FGVK”), a wholly owned subsidiary of the Company, amounting to RM101,249,063 to FGVP to fully redeem102,274,300 RCCPS C of RM0.01 each held by FGVP amounting to RM101,249,063, following the disposal of 100% equity interest of FGVK to FGVP. (a) Details of subsidiaries are as follows: Proportion Proportion Proportion of ordinary Proportion Place of of ordinary of ordinary shares of RCPS/ business/ shares shares held by non- RCCPS country of Nature of directly held held by controlling held by Name of subsidiary incorporation business by FGVH the Group interests the Group 2013 2012 2013 2012 2013 2012 2013 2012 % % % % % % % % Direct subsidiaries Felda Global Ventures Indonesia Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Sugar Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Perlis Sdn. Bhd. Malaysia Dormant 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures India Sdn. Bhd. Malaysia Dormant 100.0 100.0 100.0 100.0 - - - - FGV USA Properties, Inc* United States Operator of residential 100.0 100.0 100.0 100.0 - - - - of America real estate in USA Felda Global Ventures Livestock Sdn. Bhd. Malaysia Dormant 100.0 100.0 100.0 100.0 - - - - MSM Malaysia Holdings Berhad Malaysia Investment holding 11.0 11.0 51.0 51.0 49.0 49.0 - - Felda Global Ventures Downstream Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Sdn. Bhd. ש Felda Global Ventures Plantations Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Sdn. Bhd. ∞• Felda Global Ventures Shared Service Malaysia Provision of shared 100.0 100.0 100.0 100.0 - - - - Centre Sdn. Bhd. ≠ services Felda Global Ventures Research & Malaysia Research and 100.0 100.0 100.0 100.0 - - - - Development Sdn. Bhd. Ω development Felda Global Ventures Capital Malaysia Carry on andundertake 100.0 - 100.0 - - - - - Sdn. Bhd. α the business of all kinds of treasury services FGV Investment (L) Pte Ltd µ Malaysia Investment holding 100.0 - 100.0 - - - - - Pontian United Plantations Berhad Malaysia Investment holding and 100.0 - 100.0 - - - - - cultivation of oil palm Felda Holdings Bhd. ♠ Malaysia Investment holding 100.0 - 100.0 - - - - - Cambridge Nanosystems Limited √ United Kingdom Production, manufacturing, 70.0 - 70.0 - 30.0 - - - marketing, selling and/or trading of high grade carbon nanotubes and grapheme.
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