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 Asian Plantations Limited Asian Plantations (Sarawak) Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Asian Plantations (Sarawak) II Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Asian Plantations (Sarawak) III Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Subsidiaries of Asian Plantations (Sarawak) Sdn. Bhd. BJ Corporation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Incosetia Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Fortune Plantation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Asian Plantations Milling Sdn. Bhd. Malaysia Oil palm milling - - 100.0 100.0 - - - - Subsidiary of Incosetia Sdn. Bhd. South Asian Farms Sdn. Bhd. Malaysia Dormant - - 100.0 100.0 - - - - 110 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020