FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 257 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 Holdings Bhd. (continued) Felda Travel Sdn. Bhd. Malaysia Travel and tour agent - - 100.0 100.0 - - 100.0 100.0 Malaysia Cocoa Manufacturing Sdn. Bhd. Malaysia Ceased operations in 2015 - - 100.0 100.0 - - - - FPM Sdn. Bhd. Malaysia Manufacturing and selling of granulated compound fertilisers - - 100.0 100.0 - - - - Felda Prodata Systems Sdn. Bhd. Malaysia Provision of computer services, sale of computer software and equipment - - 80.0 80.0 20.0 20.0 - - Felda-Johore Bulkers Sdn. Bhd. Malaysia Storing and handling of palm oil products - - 72.7 72.7 27.3 27.3 - - Felda Rubber Industries Sdn. Bhd. Malaysia Processing of raw latex to concentrated latex and Standard Malaysia rubber ("SMR") - - 71.4 71.4 28.6 28.6 - - Felda Engineering Services Sdn. Bhd. Malaysia Engineering services including project management, sale of industrial equipment and road maintenance - - 51.0 51.0 49.0 49.0 - - Felda Transport Services Sdn. Bhd. Malaysia Provision of transportation for palm oil based products - - 51.0 51.0 49.0 49.0 - -