FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 223 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 Twin Rivers Technologies Manufacturing Corporation Fore River Transportation Corporation # United States of America Operation, management and maintenance of a railroad service - - 100.0 100.0 - - - - Subsidiary of FGV Cambridge Nanosystems Ltd. GasPlas AS # Norway Research and experimental development on natural sciences and engineering - - 70.0 70.0 30.0 30.0 - -