FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 245 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: (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 Felda Holdings Bhd. FGV Palm Industries Sdn. Bhd. (formerly known as Felda Palm Industries Sdn. Bhd.) Malaysia Tolling manufacturer by processing oil palm fresh fruit bunches into crude palm oil and palm kernel and investment holding - - - 72.0 72.0 72.0 28.0 28.0 28.0 - - - FGV Agri Services Sdn. Bhd. (formerly known as Felda Agricultural Services Sdn. Bhd.) Malaysia Production and sale of palm oil, cocoa, rat poison, fertilisers and oil palm seeds and provision of agricultural research services - - - 76.9 76.9 76.9 23.1 23.1 23.1 - - - Felda Travel Sdn. Bhd. Malaysia Travel and tour agent - - - 100.0 100.0 100.0 - - - 100.0 100.0 100.0 Malaysia Cocoa Manufacturing Sdn. Bhd. Malaysia Ceased operations in 2016 - - - 100.0 100.0 100.0 - - - - - - FGV Fertiliser Sdn. Bhd. (formerly known as FPM Sdn. Bhd.) Malaysia Manufacturing and selling of granulated compound fertilisers - - - 100.0 100.0 100.0 - - - - - -