FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 219 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: (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 2017 % 2016 % 2017 % 2016 % 2017 % 2016 % 2017 % 2016 % Direct subsidiaries (continued) FGV Investment (L) Pte. Ltd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - - - Pontian United Plantations Berhad Malaysia Investment holding and cultivation of oil palm 100.0 100.0 100.0 100.0 - - - - Felda Holdings Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - - - FGV R&D and Agri Services Sdn. Bhd. Malaysia Investment holding company, research and development, technical services and product development 100.0 100.0 100.0 100.0 - - - - Felda Global Ventures Rubber Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 - - - - FGV Trading Sdn. Bhd. Malaysia Commodity trading 100.0 100.0 100.0 100.0 - - - - FGV China Oils Ltd. # China Refining of palm oil 100.0 100.0 100.0 100.0 - - - - FGV Leads Sdn. Bhd. (Note 3) Malaysia Dormant 100.0 - 100.0 - - - - -