FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 252 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: (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 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % Indirect subsidiaries (continued) Subsidiaries of Felda Global Ventures Downstream Sdn. Bhd. (continued) FGV 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. (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 8) Malaysia Producing of tocotrienol from refined bleached palm oil - - 60.0 60.0 40.0 40.0 - - Subsidiaries of FeldaGlobal VenturesNorthAmericaSdn. 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 - - - -