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 Felda Holdings Bhd. (continued) FGV Transport Services Sdn. Bhd. Malaysia Provision of liquid and general cargo transportation, courier and forwarding services and jetty operation services - - 51.0 51.0 49.0 49.0 - - FGV Security Services Sdn. Bhd. Malaysia Provision of security services - - 51.0 51.0 49.0 49.0 - - F.W.Q. Enterprises (Pvt.) Ltd.* Pakistan Provision of jetty services - - 65.0 65.0 35.0 35.0 - - FGV Logistics Sdn. Bhd. Malaysia Provision of transportation - - 90.0 90.0 10.0 10.0 - - FGV Products Sdn. Bhd. (Note 4) Malaysia Sales, marketing, and distribution of retail packed consumer products - - 100.0 - - - - - Subsidiaries of FGV Palm Industries Sdn. Bhd. FGV Refineries Sdn. Bhd. Malaysia Tolling services of crude palm oil and palm kernel oil - - 48.0 48.0 52.0 52.0 - - 117 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020