FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 230 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. (continued) Felda-Johore Bulkers Sdn. Bhd. Malaysia Storing and handling of palm oil products - - 72.7 72.7 27.3 27.3 - - Felda Rubber Industries Sdn. Bhd. Malaysia Processing of raw latex to concentrated latex and Standard Malaysia Rubber (“SMR”) - - 71.4 71.4 28.6 28.6 - - Felda Engineering Services Sdn. Bhd. Malaysia Engineering services including project management, sale of industrial equipment and road maintenance - - 51.0 51.0 49.0 49.0 - - Felda Transport Services Sdn. Bhd. Malaysia Provision of transportation for palm oil based products - - 51.0 51.0 49.0 49.0 - - Felda Security Services Sdn. Bhd. Malaysia Provision of security services - - 51.0 51.0 49.0 49.0 - - F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of jetty services - - 65.0 65.0 35.0 35.0 - - Felda Enterprises Sdn. Bhd. (Note 9) Malaysia Liquidated - - - 100.0 - - - - Felda Plantations Sdn. Bhd. Malaysia Under liquidation - - 51.0 51.0 49.0 49.0 - - FGV Logistics Sdn. Bhd. (Note 7) Malaysia Provision of transportation - - 90.0 90.0 10.0 10.0 - -