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 Pontian United Plantations Berhad (continued) Yapidmas Plantation Sdn. Bhd. Malaysia Cultivation of oil palm and provision of management services - - 100.0 100.0 - - - - Sri Kehuma Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - Ladang Kluang Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - Tanah Emas Oil Palm Processing Sdn. Bhd. Malaysia Operation of a palm oil mill - - 100.0 100.0 - - - - Subsidiaries of Sabahanya Plantations Sdn. Bhd Rawajaya Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - Blossom Plantations Sdn. Bhd. Malaysia Cultivation of oil palm - - 100.0 100.0 - - - - 114 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020