FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 256 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 Pontian United Plantations Berhad (continued) Sri Kehuma Sdn. Bhd. (Note 1) Malaysia Cultivation of oil palm - - 100.0 - - - - - Ladang Kluang Sdn. Bhd. (Note 1) Malaysia Cultivation of oil palm - - 100.0 - - - - - Tanah Emas Oil Palm Processing Sdn. Bhd. (Note 1) Malaysia Cultivation of oil palm - - 100.0 - - - - - Subsidiaries of Sabahanya Plantations Sdn. Bhd. Rawajaya Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - Blossom Plantations Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - Subsidiaries of Felda Holdings Bhd. Felda Palm Industries Sdn. Bhd. Malaysia Tolling manufacturer by processing oil palm fresh fruit bunches into crude palm oil and palm kernel and investment holding - - 72.0 72.0 28.0 28.0 - - Felda Agricultural Services Sdn. Bhd. Malaysia Production and sale of palmoil, cocoa, rat poison, fertilisers and oil palmseeds and provision of agricultural research services - - 76.9 76.9 23.1 23.1 - -