FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 221 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 % Indirect subsidiaries (continued) Subsidiary of MSM Prai Berhad MSM Logistics Sdn. Bhd. Malaysia Provision of lorry transportation services - - 51.0 51.0 49.0 49.0 - - Subsidiaries of Felda Global Ventures Downstream Sdn Bhd Felda Global Ventures North America Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - 100.0 100.0 FGV Biotechnologies Sdn. Bhd. Malaysia Processing and sale of biodiesel products - - 100.0 100.0 - - - - FGV Cambridge Nanosystems Limited # United Kingdom Production, manufacturing, biodiesel marketing, selling and/or trading of high grade carbon nanotubes and graphene - - 70.0 70.0 30.0 30.0 - - FGV Green Energy Sdn. Bhd. Malaysia Producing and manufacturing biodiesel - - 60.0 60.0 40.0 40.0 - - FGV Lipid Venture Sdn. Bhd. Malaysia Producing of tocotrienol from refined bleached palm oil - - 60.0 60.0 40.0 40.0 - -