FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 232 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 Plantations Sdn. Bhd. Felda Farm Products Sdn. Bhd. Malaysia Under liquidation - - 51.0 51.0 49.0 49.0 - - Subsidiaries of Felda Rubber Industries Sdn. Bhd. Feltex Co. Ltd.* Thailand Processing and marketing of latex concentrate - - 36.4 36.4 63.6 63.6 - - P.T. Felda Indo Rubber* Indonesia Processing and marketing of latex - - 50.0 50.0 50.0 50.0 - - Felda Rubber Products Sdn. Bhd. Malaysia Under liquidation - - 71.4 71.4 28.6 28.6 - - Subsidiaries of Felda- Johore Bulkers Sdn. Bhd. Felda Bulkers Sdn. Bhd. Malaysia Storing and handling export of palm oil, oleochemical products, latex concentrate and SMR - - 86.1 86.1 13.9 13.9 - - P.T. Patisindo Sawit * Indonesia Storing and handling export of vegetable oil - - 72.7 72.7 27.3 27.3 - - Langsat Bulkers Sdn. Bhd. Malaysia Provision of bulking installation services for palm oil and related vegetable oil products - - 72.7 72.7 27.3 27.3 - -