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 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. FGV-CVC (Cambodia) Co. Ltd. # Cambodia Production and export of rubber blocks and other processed rubber - - 75.0 75.0 25.0 25.0 - - Subsidiaries of Pontian United Plantations Berhad Redefined Land Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Kilang Kelapa sawit Malaysia Investment holding - - 100.0 100.0 - - - - Pontian Sdn. Bhd. Bangsan Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - Sabahanya Plantations Sdn. Bhd. @ Malaysia Investment holding and cultivation of oil palm - - 100.0 100.0 - - - - 112 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020
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