FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 259 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 Palm Industries Sdn. Bhd. (continued) Sutrajaya Shipping Sdn. Bhd. (Note 5) Malaysia Liquidated - - - 72.0 - 28.0 - - Subsidiary of Felda Vegetable Oil Products Sdn. Bhd. F.S. Oils Sdn. Bhd.* Malaysia Dormant - - 48.0 48.0 52.0 52.0 - - Subsidiary of Felda Marketing Services Sdn. Bhd. PT. Cashgrow Ventures * Indonesia Commodity trading - - 34.9 34.9 65.1 65.1 - - Subsidiaries of Felda Plantations Sdn. Bhd. Felda Farm Products Sdn. Bhd. Malaysia Under liquidation - - 51.0 51.0 49.0 49.0 - - Subsidiaries of Felda Rubber Industries Sdn. Bhd. Feltex Co. Ltd.* Thailand Processing and marketing of latex concentrate - - 36.4 36.4 63.6 63.6 - - P.T. Felda Indo Rubber * Indonesia Processing and marketing of latex - - 50.0 50.0 50.0 50.0 - - Felda Rubber Products Sdn. Bhd. Malaysia Under liquidation - - 71.4 71.4 28.6 28.6 - -