FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 260 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-Johore Bulkers Sdn. Bhd. Felda Bulkers Sdn. Bhd. Malaysia Storing and handling export of palm oil, oleochemical products, latex concentrate and SMR - - 86.1 86.1 13.9 13.9 - - P.T. Patisindo Sawit * Indonesia Storing and handling export of vegetable oil - - 72.7 72.7 27.3 27.3 - - Langsat Bulkers Sdn. Bhd. Malaysia Provision of bulking installation services for palm oil and related vegetable oil products - - 72.7 72.7 27.3 27.3 - - Subsidiary of Felda Bulkers Sdn. Bhd. Felda Grains Terminal Sdn. Bhd. Malaysia Handling storage transportation, mixing and blending of palm kernel and grains - - 70.1 70.1 29.9 29.9 - - Subsidiaries of Felda Engineering Services Sdn. Bhd. Allied Engineering Consultancy Services Sdn. Bhd.* Malaysia Provision of engineering consultancy services - - 51.0 51.0 49.0 49.0 - - Felda Properties Sdn. Bhd. Malaysia Property management of FELDA projects - - 51.0 51.0 49.0 49.0 - - Felda Construction Sdn. Bhd. Malaysia Under liquidation - - 51.0 51.0 49.0 49.0 - -