135 / 174
financiAL STATEMENTs
Annual Report 2017
133
NOTES TO THE FINANCIAL STATEMENTS
16. INVESTMENTS IN SUBSIDIARIES (Cont’d.)
(a)
Details of subsidiaries are as follows:
Proportion of
Country of
ownership interest
Name of Company
Incorporation 2017
2016
Principal Activities
%
%
Security Printers (M) Sdn. Bhd. (i)
Malaysia
100
100
Trading of security and
confidential documents.
Percetakan Keselamatan Nasional
Malaysia
100
100
Production of security and
Sdn. Bhd. (i)
confidential documents.
FCB Property Management
Malaysia
100
100
Property management.
Sdn. Bhd. (i)
FCB Plantation Holdings
Malaysia
100
100
Investment holding.
Sdn. Bhd. (i)
Gabungan Warisan
Malaysia
100
100
Oil palm plantation.
Sdn. Bhd. (i)
Subsidiary of FCB Plantation
Holdings Sdn. Bhd.
Cendana Laksana
Malaysia
100
100
Oil palm plantation.
Sdn. Bhd. (i)
Next Oasis Sdn. Bhd. (i)
Malaysia
89
89
Investment holding.
PT Nunukan Jaya Lestari (ii)
Indonesia
80
80
Oil palm production
and processing.
R.N.E. Plantantion
Malaysia
70
70
Oil palm plantation.
Sdn. Bhd. (i)
Subsidiary of Next Oasis
Sdn. Bhd.
Taka Worldwide Trading Sdn. Bhd. (i) Malaysia
89
89
Oil palm plantation.
Etika Gangsa Sdn. Bhd. (i)
Malaysia
89
89
Oil palm plantation.
(i)
Audited by Hanafiah Raslan & Mohamad, a member of Ernst & Young Global
(ii)
Audited by member firms of Ernst & Young Global in Jakarta