FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 234 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) Subsidiary of Felda Global Ventures Rubber Sdn. Bhd. FGV Green Rubber Sdn. Bhd. Malaysia Purchasing and processing raw lattices and marketing rubber - - 100.0 100.0 - - - - The proportion of voting rights in the subsidiary undertakings held directly by the parent company do not differ from the proportion of ordinary shares held. * Not audited by PricewaterhouseCoopers, Malaysia or its affiliates # Audited by an affiliate of PricewaterhouseCoopers, Malaysia @ 30% equity stake in Sabahanya Plantations Sdn. Bhd. is held in trust for the beneficial interest of the Group.