FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 218 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 21 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: 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 2017 % 2016 % 2017 % 2016 % 2017 % 2016 % 2017 % 2016 % Direct subsidiaries Felda Global Ventures Indonesia Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Sugar Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Perlis Sdn. Bhd. Malaysia Under liquidation 100.0 100.0 100.0 100.0 - - - - FGV Resources Sdn. Bhd. (previously known as FGV Seri Costa Sdn. Bhd. and Felda Global Ventures India Sdn. Bhd. prior to this) (Notes 2 and 6) Malaysia Dormant 100.0 100.0 100.0 100.0 - - - - FGV USA Properties, Inc * United States of America Operator of residential real estate in USA 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Livestock Sdn. Bhd. (Note 1) Malaysia Liquidated - 100.0 - 100.0 - - - - MSM Malaysia Holdings Berhad Malaysia Investment holding 11.0 11.0 51.0 51.0 49.0 49.0 - - Felda Global Ventures Downstream Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Plantations Sdn. Bhd. (Note 4) Malaysia Investment holding 100.0 100.0 100.0 100.0 - - 100.0 100.0 Felda Global Ventures Shared Service Centre Sdn. Bhd. Malaysia Provision of shared services 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Research & Development Sdn. Bhd. Malaysia Research and development 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Capital Sdn. Bhd. Malaysia Undertake the business of all kinds of treasury services 100.0 100.0 100.0 100.0 - - - -