FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 229 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 Felda Holdings Bhd. Felda Palm Industries Sdn. Bhd. Malaysia Tolling manufacturer by processing oil palm fresh fruit bunches into crude palm oil and palm kernel and investment holding - - 72.0 72.0 28.0 28.0 - - Felda Agricultural Services Sdn. Bhd. Malaysia Production and sale of palm oil, cocoa, rat poison, fertilisers and oil palm seeds and provision of agricultural research services - - 76.9 76.9 23.1 23.1 - - Felda Travel Sdn. Bhd. Malaysia Travel and tour agent - - 100.0 100.0 - - 100.0 100.0 Malaysia Cocoa Manufacturing Sdn. Bhd. Malaysia Ceased operations in 2016 - - 100.0 100.0 - - - - FPM Sdn. Bhd. Malaysia Manufacturing and selling of granulated compound fertilisers - - 100.0 100.0 - - - - Felda Prodata Systems Sdn. Bhd. Malaysia Provision of computer services, sale of computer software and equipment - - 80.0 80.0 20.0 20.0 - -