FGV Annual Report 2018
NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 247 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. (continued) FGV Security Services Sdn. Bhd. (formerly known as Felda Security Services Sdn. Bhd.) Malaysia Provision of security services - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - - F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of jetty services - - - 65.0 65.0 65.0 35.0 35.0 35.0 - - - Felda Enterprises Sdn. Bhd. Malaysia Liquidated - - - - - 100.0 - - - - - - Felda Plantations Sdn. Bhd. Malaysia Under liquidation - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - - FGV Logistics Sdn. Bhd. Malaysia Provision of transportation - - - 90.0 90.0 90.0 10.0 10.0 10.0 - - - Subsidiaries of FGV Palm Industries Sdn. Bhd. FGV Refineries Sdn. Bhd. (formerly known as Felda Vegetable Oil Products Sdn. Bhd.) Malaysia Tolling services of crude palm oil and palm kernel oil - - - 48.0 48.0 48.0 52.0 52.0 52.0 - - - FGV Kernel Products Sdn. Bhd. (formerly known as Felda Kernel Products Sdn. Bhd.) Malaysia Processing of oil palm kernels - - - 60.0 60.0 60.0 40.0 40.0 40.0 - - - Delima Oil Products Sdn. Bhd. Malaysia Processing, packaging, and distribution of finished consumer and industrial palm oil products - - - 72.0 72.0 72.0 28.0 28.0 28.0 - - -
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