FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 249 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 22 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: 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 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % 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 Under liquidation 100.0 100.0 100.0 100.0 - - - - FGV Seri Costa Sdn. Bhd. (previously known as Felda Global Ventures India Sdn. Bhd.) (Note 2) Malaysia Dormant 100.0 100.0 100.0 100.0 - - - - FGV USA Properties, Inc * United States of America Operator of residential real estate in USA 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Livestock Sdn. Bhd. Malaysia Under liquidation 100.0 100.0 100.0 100.0 - - - - MSMMalaysia Holdings Berhad Malaysia Investment holding 11.0 11.0 51.0 51.0 49.0 49.0 - - Felda Global Ventures Downstream Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Plantations Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Shared Service Centre Sdn. Bhd. Malaysia Provision of shared services 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Research & Development Sdn. Bhd. Malaysia Research and development 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Capital Sdn. Bhd. Malaysia Undertake the business of all kinds of treasury services 100.0 100.0 100.0 100.0 - - - -