FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 254 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 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 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % 2016 % 2015 % Indirect subsidiaries (continued) Subsidiaries of Felda Global Ventures Plantations Sdn. Bhd. Felda Global Ventures Plantations (Malaysia) Sdn. Bhd. Malaysia Production of FFB, rubber cup-lump, commodity trading, management of plantation estates and other biological assets - - 100.0 100.0 - - - - Felda Global Ventures Kalimantan Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Subsidiaries of Felda Global Ventures Kalimantan Sdn. Bhd. PT. Citra Niaga Perkasa # Indonesia Oil palm plantation - - 95.0 95.0 5.0 5.0 - - PT. Temila Agro Abadi # Indonesia Oil palm plantation - - 95.0 95.0 5.0 5.0 - - PT Bumi Agro Nusantara # (Note 7) Indonesia Management and consulting services - - 100.0 100.0 - - - - Subsidiaries of FGV Investment (L) Pte Ltd FGV Myanmar (L) Pte. Ltd. Malaysia Investment holding - - 100.0 100.0 - - - - FGV Cambodia (L) Pte. Ltd. Malaysia Investment holding - - 100.0 100.0 - - - - Subsidiaries of FGV Cambodia (L) Pte. Ltd. FGC-CVC (Cambodia) Co. Ltd. # Cambodia Production and export of rubber blocks and other processed rubber - - 75.0 75.0 25.0 25.0 - -