FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 248 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 23 INTERESTS IN JOINT VENTURES (CONTINUED) There are no material contingent liabilities relating to the Group’s interest in the joint ventures. (i) Refining, processing and packing of palm oil based products (ii) Oil palm plantation operation (iii) Processing and selling of oleochemical products (iv) Investment holding (v) Manufacturing and marketing of finished customer and industrial palm oil products (vi) Futures trading (vii) Developing, constructing, operating and maintaining a power plant (viii) Dormant (ix) Disposed on 22 March 2017. The disposal effect is immaterial to the Group. (x) Aggregation of biomass, identification of the technology to convert palm-based biomass into High Value Green Chemicals/Products and commercialisation of the technologies (xi) Technical advisory services in agriculture sector (xii) Cultivation of oil palms # The Group treated these entities as joint ventures as the shareholder agreements require unanimous consent over decisions about relevant activities among the partners. The joint venture companies above are private companies and have no quoted market price available for their shares. There are no material contingent liabilities relating to the Group’s interest in the joint ventures.