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 FGV Plantations Sdn. Bhd. FGV Plantations (Malaysia) Sdn. Bhd. Malaysia Production of FFB, rubber cup-lump and other agricultural products - - 100.0 100.0 - - - - FGV Kalimantan Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - FGV Trading Sdn. Bhd. Malaysia Purchasing of oil palm FFB, processing, refining and sale of its finished products, and trading of commodities products - - 100.0 100.0 - - - - Subsidiaries of FGV Plantations (Malaysia) Sdn. Bhd. Asian Plantations Limited # Singapore Investment holding - - 100.0 100.0 - - - - 109 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020