FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 248 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 22 INVESTMENT IN SUBSIDIARIES Company 2016 RM'000 2015 RM'000 At cost less accumulated impairment (i) Malaysian quoted shares: Ordinary shares: At 1 January/31 December 270,026 270,026 (ii) Malaysian unquoted shares: Ordinary shares: At 1 January 6,532,633 6,113,828 Additions 26,452 226,458 Conversion of amounts due from subsidiaries into ordinary shares (Note 27) 942 192,347 At 31 December 6,560,027 6,532,633 (iii) Foreign unquoted shares: At 1 January/31 December 190,571 9,233 Addition - 181,338 Impairment loss (Note 22(d)) (80,152) - At 31 December 110,419 190,571 (iv) RCPS/RCCPS: At 1 January 2,322,334 2,322,334 Redemption (526,000) - At 31 December 1,796,334 2,322,334 (v) Capital contribution to subsidiaries: At 1 January/31 December 15,600 15,600 Total 8,752,406 9,331,164 Market value of Malaysian quoted shares, based on Group's effective interest 389,609 382,665 The disclosure of market value of Malaysia quoted shares is based on Level 1 fair value computation.