FGV Annual Report 2015

262 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 22 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: (continued) Name of subsidiary Place of business/country of incorporation Nature of business Proportion of ordinary shares directly held by FGVH Proportion of ordinary shares held by the Group Proportion of ordinary shares held by non-controlling interests Proportion of RCPS/ RCCPS held by the Group 2015 2014 2015 2014 2015 2014 2015 2014 % % % % % % % % Indirect subsidiaries (continued) Subsidiaries of Felda Global Ventures Downstream Sdn.Bhd. (continued) FGV Biotechnologies Sdn. Bhd. Malaysia Processing and sale of biodiesel products - - 100.0 100.0 - - - - FGV Cambridge Nanosystems Limited # (previously known as Cambridge Nanosystems Limited) United Kingdom Production, manufacturing, biodiesel marketing, selling and/or trading of high grade carbon nanotubes and graphene - - 70.0 70.0 30.0 30.0 - - FGV Green Energy Sdn. Bhd. (Note 12) (previously known as Laras Simfoni Sdn. Bhd.) Malaysia Producing and manufacturing biodiesel - - 60.0 60.0 40.0 40.0 - - FGV Lipid Ventures Sdn. Bhd. (Note 2) Malaysia Producing of tocotrienol from refined bleached palm oil - - 60.0 - 40.0 - - - Subsidiaries of Felda Global Ventures North America Sdn. Bhd. Twin Rivers Technologies Holdings, Inc.* United States of America Investment holding - - 100.0 100.0 - - - - Twin Rivers Technologies Holdings Enterprise De Transformation De Graines Oleagineuses Du Quebec Inc * Canada Investment holding - - 100.0 100.0 - - - -