FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 261 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 Travel Sdn. Bhd. Plantation Resorts Sdn. Bhd. Malaysia Dormant - - 100.0 100.0 - - - - Subsidiary of FGV R&D and Agri Services Sdn. Bhd. FGV Applied Technologies Sdn. Bhd. Malaysia Research and development of oleo and bio-chemicals, food technologies, mill and biomass technologies, automation, mechanization and remote sensing - - 100.0 100.0 - - - - Subsidiary of Felda Global Ventures Rubber Sdn Bhd. FGV Green Rubber Sdn. Bhd. Malaysia Purchasing and processing raw lattices and marketing rubber - - 100.0 100.0 - - - - Subsidiaries of Asian Plantations Limited Asian Plantations (Sarawak) Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Asian Plantations (Sarawak) II Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Asian Plantations (Sarawak) III Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - -