FGV Annual Report 2018
NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 246 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 Felda Holdings Bhd. (continued) FGV Prodata Systems Sdn. Bhd. (formerly known as Felda Prodata Systems Sdn. Bhd.) Malaysia Provision of computer services, sale of computer software and equipment - - - 80.0 80.0 80.0 20.0 20.0 20.0 - - - Felda-Johore Bulkers Sdn. Bhd. (Note 8) Malaysia Storing and handling of palm oil products - - - 73.1 73.1 72.7 27.3 27.3 27.3 - - - FGV Rubber Industries Sdn. Bhd. (formerly known as Felda Rubber Industries Sdn. Bhd.) Malaysia Processing of raw latex to concentrated latex and Standard Malaysia Rubber ( “ SMR ” ) - - - 71.4 71.4 71.4 28.6 28.6 28.6 - - - Felda Engineering Services Sdn. Bhd. Malaysia Engineering services including project management, sale of industrial equipment and road maintenance - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - - FGV Transport Services Sdn. Bhd. (formerly known as Felda Transport Services Sdn. Bhd.) Malaysia Provision of transportation for palm oil based products - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - -
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