FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 236 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 22 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 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 (continued) FGV Shares Service Centre Sdn. Bhd. (formerly known as Felda Global Ventures Shared Service Centre Sdn. Bhd.) Malaysia Provision of shared services 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV R&D Sdn. Bhd. (formerly known as Felda Global Ventures Research & Development Sdn. Bhd.) Malaysia Research and development 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV Capital Sdn. Bhd. (formerly known as Felda Global Ventures Capital Sdn. Bhd.) Malaysia Undertake the business of all kinds of treasury services 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV Investment (L) Pte. Ltd. Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - Pontian United Plantations Berhad Malaysia Investment holding and cultivation of oil palm 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - Felda Holdings Bhd. Malaysia Investment holding 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - - FGV Research Sdn. Bhd. (formerly known as FGV R&D and Agri Services Sdn. Bhd.) Malaysia Investment holding company, research and development, technical services and product development 100.0 100.0 100.0 100.0 100.0 100.0 - - - - - -