FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 240 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 % Indirect subsidiaries (continued) Subsidiary of FGV Cambridge Nanosystems Ltd. GasPlas AS * Norway Research and experimental development on natural sciences and engineering - - - 70.0 70.0 70.0 30.0 30.0 30.0 - - - Subsidiaries of Felda Global Ventures Plantations Sdn. Bhd. FGV Plantations (Malaysia) Sdn. Bhd. (formerly known as Felda Global Ventures Plantations (Malaysia) Sdn. Bhd.) (Note 7) Malaysia Production of FFB, rubber cup-lump, commodity trading, management of plantation estates and other biological assets - - - 100.0 100.0 100.0 - - - - - - FGV Kalimantan Sdn. Bhd. (formerly Known as Felda Global Ventures Kalimantan Sdn. Bhd.) Malaysia Investment holding - - - 100.0 100.0 100.0 - - - - - - Subsidiaries of FGV Plantations (Malaysia) Sdn. Bhd. (formerly known as Felda Global Ventures Plantations (Malaysia) Sdn. Bhd.) Asian Plantations Limited # (Note 7) Singapore Investment holding - - 100.0 100.0 100.0 100.0 - - - - - -