FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 225 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) Subsidiaries of Asian Plantations (Sarawak) Sdn. Bhd. BJ Corporation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Incosetia Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Fortune Plantation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Asian Plantations Milling Sdn. Bhd. Malaysia Oil palm milling - - 100.0 100.0 - - - - Subsidiary of Incosetia Sdn. Bhd. South Asian Farms Sdn. Bhd. Malaysia Dormant - - 100.0 100.0 - - - - Subsidiaries of Asian Plantations (Sarawak) II Sdn. Bhd. Kronos Plantation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Grand Performance Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Subsidiary of Asian Plantations Sarawak III Sdn. Bhd. Jubilant Paradise Sdn. Bhd. Malaysia Oil palm plantation - - 60.0 60.0 40.0 40.0 - -