FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 258 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 Security Services Sdn. Bhd. Malaysia Provision of security services - - 51.0 51.0 49.0 49.0 - - F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of jetty services - - 65.0 65.0 35.0 35.0 - - Felda Enterprises Sdn. Bhd. (Note 6) Malaysia Liquidated - - - 100.0 - - - - Felda Plantations Sdn. Bhd. Malaysia Under liquidation - - 51.0 51.0 49.0 49.0 - - FGV Logistics Sdn. Bhd. (Note 3 and 12) Malaysia Provision of transportation - - 90.0 100.0 10.0 - - - Subsidiaries of Felda Palm Industries Sdn. Bhd. Felda Vegetable Oil Products Sdn. Bhd. Malaysia Tolling services of crude palm oil and palm kernel oil - - 48.0 48.0 52.0 52.0 - - Felda Kernel Products Sdn. Bhd. Malaysia Processing of oil palm kernels - - 60.0 60.0 40.0 40.0 - - Delima Oil Products Sdn. Bhd. Malaysia Processing, packaging, and distribution of finished consumer and industrial palm oil products - - 72.0 72.0 28.0 28.0 - - Felda Marketing Services Sdn. Bhd. Malaysia Marketing of group products - - 36.7 36.7 63.3 63.3 - - FNI Biofuel Sdn. Bhd.* Malaysia Manufacturing of biomass fuel from empty fruit bunch - - 72.0 72.0 28.0 28.0 - -