FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 231 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 Palm Industries Sdn. Bhd. Felda Vegetable Oil Products Sdn. Bhd. Malaysia Tolling services of crude palm oil and palm kernel oil - - 48.0 48.0 52.0 52.0 - - Felda Kernel Products Sdn. Bhd. Malaysia Processing of oil palm kernels - - 60.0 60.0 40.0 40.0 - - Delima Oil Products Sdn. Bhd. Malaysia Processing, packaging, and distribution of finished consumer and industrial palm oil products - - 72.0 72.0 28.0 28.0 - - Felda Marketing Services Sdn. Bhd. Malaysia Marketing of group products - - 36.7 36.7 63.3 63.3 - - FNI Biofuel Sdn. Bhd.* Malaysia Manufacturing of biomass fuel from empty fruit bunch - - 72.0 72.0 28.0 28.0 - - Sutrajaya Shipping Sdn. Bhd. (Note 8) Malaysia Under liquidation - - 72.0 72.0 28.0 28.0 - - Subsidiary of Felda Vegetable Oil Products Sdn. Bhd. F.S. Oils Sdn. Bhd.* Malaysia Dormant - - 48.0 48.0 52.0 52.0 - - Subsidiary of Felda Marketing Services Sdn. Bhd. PT. Cashgrow Ventures # Indonesia Commodity trading - - 34.9 34.9 65.1 65.1 - -