FGV Annual Report 2014

22 Investment in Subsidiaries (continued) Financial year ended 31 December 2014 On 14 May 2014 and 28 May 2014, the Company subscribed for additional 3,700,001 ordinary shares of USD1.00 each in FGV Investment (L) Pte Ltd (“FGVI”), a wholly owned subsidiary of the Company, for a cash consideration of RM11,923,253. On 10 June 2014, the Company subscribed for additional 9,999,998 ordinary shares of RM1.00 each in Felda Global Ventures Capital Sdn. Bhd. (“FGVC”), a wholly owned subsidiary of the Company, for a cash consideration of RM9,999,998. On 3 July 2014, the Company subscribed for additional 80,000,000 ordinary shares of RM1.00 each in Felda Global Ventures Plantations Sdn. Bhd. (“FGVP”), a wholly owned subsidiary of the Company, for a cash consideration of RM80,000,000. On 31 October 2014, the Company subscribed for additional 24,406,600 ordinary shares of RM1.00 each in Felda Global Ventures Plantations Sdn. Bhd. (“FGVP”), a wholly owned subsidiary of the Company, for a cash consideration of RM11 and by conversion of an amount due from FGVP of RM24,406,589. Financial year ended 31 December 2013 On 16 January 2013, the Company subscribed for additional 9,999,998 ordinary shares of RM1.00 each in Felda Global Ventures Research and Development Sdn. Bhd. (“FGV R&D)”), a wholly owned subsidiary of the Company, for a cash consideration of RM9,999,998. On 5 August 2013, the Company subscribed for additional 2,499,998 ordinary shares of RM1.00 each in Felda Global Ventures Downstream Sdn. Bhd. (“FGVD”), a wholly owned subsidiary of the Company, for a cash consideration of RM2,499,998. On 14 November 2013, the Company subscribed for additional 73,206,521 ordinary shares of RM1.00 each in FGVD, for a cash consideration of RM50,000,000 and by conversion of an amount due from FGVD of RM23,206,521. On 18 December 2013, the Company subscribed for additional 9,774,529 ordinary shares of RM1.00 each in Felda Global Ventures Plantations Sdn. Bhd. (“FGVP”), a wholly owned subsidiary of the Company, for a cash consideration of RM900,000 and by conversion of an amount due from FGVP of RM8,874,529. On 18 December 2013, the Company subscribed for additional 68,767,229 ordinary shares of RM1.00 each in FGVD, for a cash consideration of RM68,767,229. Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 237