FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 235 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 22 INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: 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 31.12. 2018 % 31.12. 2017 % 1.1. 2017 % 31.12. 2018 % 31.12. 2017 % 1.1. 2017 % 31.12. 2018 % 31.12. 2017 % 1.1. 2017 % 31.12. 2018 % 31.12. 2017 % 1.1. 2017 % Direct subsidiaries Felda Global Ventures Indonesia Sdn. Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV Sugar Sdn. Bhd. (formerly known as Felda Global Ventures Sugar Sdn. Bhd.) Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - 100.0 100.0 100.0 Felda Global Ventures Perlis Sdn. Bhd. Malaysia Under liquidation 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV Resources Sdn. Bhd. Malaysia Dormant 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV USA Properties, Inc.* United States of America Operator of residential real estate in USA 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - Felda Global Ventures Livestock Sdn. Bhd. (Note 5) Malaysia Liquidated - - 100.0 - - 100.0 - - - - - - MSM Malaysia Holdings Berhad Malaysia Investment holding 11.0 11.0 11.0 51.0 51.0 51.0 49.0 49.0 49.0 - - - FGV Downstream Sdn. Bhd. (formerly known as Felda Global Ventures Downstream Sdn. Bhd.) Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - 100.0 100.0 100.0 Felda Global Ventures Plantations Sdn. Bhd. (Note 7) Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - 100.0 100.0 100.0