FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 253 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 Twin Rivers Technologies Holding, Inc. Twin Rivers Technologies Manufacturing Corporation* United States of America Procurement, processing and supply of fatty acids - - 100.0 100.0 - - - - TRT Europe GambH* Germany Dormant - - 100.0 100.0 - - - - Subsidiary of Twin Rivers Technologies Manufacturing Corporation Fore River Transportation Corporation* United States of America Operation, management and maintenance of a railroad service - - 100.0 100.0 - - - - Subsidiary of FGV Cambridge Nanosystems Ltd. GasPlas AS # Norway Research and experimental development on natural sciences and engineering - - 70.0 70.0 30.0 30.0 - - Subsidiaries of GasPlas AS EnPlas Ltd. # (Note 3) United Kingdom Research and experimental development on natural sciences and engineering - - - 70.0 - 30.0 - -