112 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 23 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 2022 % 2021 % 2022 % 2021 % 2022 % 2021 % 2022 % 2021 % Indirect subsidiaries (continued) Subsidiaries of FGV Investment (L) Pte. Ltd. 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 - - 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 Pontian Sdn. Bhd. Malaysia Investment holding - - 100.0 100.0 - - - - 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 - - - - Pontian Fico Plantations Sdn. Bhd. Malaysia Investment holding, cultivation and purchase of oil palm FFB, processing, sales of its finished products - - 78.3 78.3 21.7 21.7 - -
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