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 (Sarawak) II Sdn. Bhd. Kronos Plantation Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Grand Performance Sdn. Bhd. Malaysia Oil palm plantation - - 100.0 100.0 - - - - Subsidiary of Asian Plantations Sarawak III Sdn. Bhd. Jubilant Paradise Sdn. Bhd. Malaysia Oil palm plantation - - 60.0 60.0 40.0 40.0 - - Subsidiaries of FGV 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 # Indonesia Management and consulting services - - 100.0 100.0 - - - - 111 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020