FGV Audited Financial Statements 2020

24 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 2020 2019 2020 2019 2020 2019 2020 2019 % % % % % % % % Indirect subsidiaries (continued) Subsidiaries of Twin Rivers Technologies Holding, Inc. Twin Rivers Technologies Manufacturing Corporation # United States of America Procurement, processing and supply of fatty acids - - 100.0 100.0 - - - - TRT Europe GambH # Germany Dormant - - 100.0 100.0 - - - - Subsidiary of Twin Rivers Technologies Manufacturing Corporation Fore River Transportation Corporation # United States of America Operation, management and maintenance of a railroad service - - 100.0 100.0 - - - - Subsidiary of FGV Cambridge Nanosystems Ltd. GasPlas AS * (Note 5) Norway Research and experimental development on natural sciences and engineering - - - 70.0 - 30.0 - - 108 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020