FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 227 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 Pontian United Plantations Berhad Redefined Land Sdn. Bhd. Malaysia Investment holding and property investment - - 100.0 100.0 - - - - Kilang Kelapa sawit Pontian Sdn. Bhd. Malaysia Investment holding and property investment - - 100.0 100.0 - - - - Bangsan Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Sabahanya Plantations Sdn. Bhd. Malaysia Investment holding and cultivation of oil palm - - 100.0 100.0 - - - - Pontian Fico Plantations Sdn. Bhd. Malaysia Investment holding, cultivation of oil palm and extraction of crude palm oil and palm kernel for sale - - 78.3 78.3 21.7 21.7 - -