FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 242 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) Subsidiaries of Asian Plantations (Sarawak) II Sdn. Bhd. Kronos Plantation Sdn. Bhd. Malaysia Oil palm plantation - - - 100.0 100.0 100.0 - - - - - - Grand Performance Sdn. Bhd. Malaysia Oil palm plantation - - - 100.0 100.0 100.0 - - - - - - Subsidiary of Asian Plantation Sarawak III Sdn. Bhd. Jubilant Paradise Sdn. Bhd. Malaysia Oil palm plantation - - - 100.0 60.0 60.0 40.0 40.0 40.0 - - - Subsidiaries of FGV Kalimantan Sdn. Bhd. (formerly known as Felda Global Ventures Kalimantan Sdn. Bhd.) PT. Citra Niaga Perkasa # Indonesia Oil palm plantation - - - 95.0 95.0 95.0 5.0 5.0 5.0 - - - PT. Temila Agro Abadi # Indonesia Oil palm plantation - - - 95.0 95.0 95.0 5.0 5.0 5.0 - - - PT Bumi Agro Nusantara # Indonesia Management and consulting services - - - 100.0 100.0 100.0 - - - - - - Subsidiaries of FGV Investment (L) Pte. Ltd. FGV Myanmar (L) Pte. Ltd. Malaysia Investment holding - - - 100.0 100.0 100.0 - - - - - - FGV Cambodia (L) Pte. Ltd. Malaysia Investment holding - - - 100.0 100.0 100.0 - - - - - -