FGV Audited Financial Statements 2020
56 SIGNIFICANT RELATED PARTY TRANSACTIONS (continued) Significant related parties and relationships are summarised as follows: (i) Subsidiaries FGV Plantations (Malaysia) Sdn. Bhd. (“FGVPM”) FGV Agri Services Sdn. Bhd. (“FASSB”) FGV Kernel Products Sdn. Bhd. (“FKPSB”) FGV Palm Industries Sdn. Bhd. (“FPISB”) FGV Prodata Systems Sdn. Bhd. (“Prodata”) FGV Rubber Industries Sdn. Bhd. (“FRISB”) FGV Security Sdn. Bhd. (“FSSSB”) FGV Fertiliser Sdn. Bhd. (“FGVF”) Felda Travel Sdn. Bhd. (“Felda Travel”) FGV Bulkers Sdn. Bhd. (“FBSB”) FGV Capital Sdn. Bhd. (“FGVC”) FGV Trading Sdn. Bhd. (“FGV Trading”) (ii) Joint ventures FPG Oleochemicals Sdn. Bhd. (“FPG”) FGV Iffco Sdn. Bhd. Group (“FISB Group”) MAPAK Edible Oil Pvt. Ltd. (“MAPAK”) (iii) Associate F.K.W Global Commodities (Private) Limited (“FKW”) (iv) Other related companies Yayasan FELDA (Entity controlled by FELDA) Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 (a) Sales of goods, services and investments (i) Transactions with subsidiaries Dividend received/receivable from subsidiaries - 239,899 417,100 Management fees charged to subsidiaries - 114,180 210,543 (ii) Transactions with joint ventures Sales of CPO by FGV Trading and FPISB to FISB Group 698,385 929,003 - - Sales of CPKO, RBDPKO and PFAD by FKPSB to FISB Group and FPG 723,625 807,116 - - Sales of CPO by FGV Trading and FPISB to MAPAK 266,384 213,217 - - Provision of storage space for vegetable oil by FBSB to FISB Group and FPG 18,051 16,233 - - 184 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020
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