FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 250 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 Bulkers Sdn. Bhd. (formerly known as Felda Bulkers Sdn. Bhd.) FGV Grains Terminal Sdn. Bhd. (formerly known as Felda Grains Terminal Sdn. Bhd.) (Note 8) Malaysia Handling storage transportation, mixing and blending of palm kernel and grains - - - 70.3 70.3 70.1 29.9 29.9 29.9 - - - Subsidiaries of Felda Engineering Services Sdn. Bhd. Allied Engineering Consultancy Services Sdn. Bhd.* Malaysia Provision of engineering consultancy services - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - - Felda Properties Sdn. Bhd. Malaysia Property management of FELDA projects - - - 51.0 51.0 51.0 49.0 49.0 49.0 - - - Felda Construction Sdn. Bhd. (Note 4) Malaysia Under liquidation - - - - 51.0 51.0 - 49.0 49.0 - - - Subsidiaries of Felda Travel Sdn. Bhd. Plantation Resorts Sdn. Bhd. Malaysia Dormant - - - 100.0 100.0 100.0 - - - - - -