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Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
157
17. Investments in subsidiaries
Unquoted
shares
Redeemable
convertible
loan stocks
Reedemable
preference
shares
Redeemable
convertible
preference
shares
Total
RM’000
RM’000
RM’000
RM’000
RM’000
Company
At 1 April 2019
26,999
-
35,400
50,100
112,499
Subscription
-
-
16,100
-
16,100
Conversion
-
-
50,100
(50,100)
-
At 31 March 2020
26,999
-
101,600
-
128,599
At 1 April 2018
26,999
50,900
-
-
77,899
Subscription
-
5,800
35,400
8,400
49,600
Redemption
-
(15,000)
-
-
(15,000)
Conversion
-
(41,700)
-
41,700
-
At 31 March 2019
26,999
-
35,400
50,100
112,499
(a) Details of subsidiaries are as follows:
Name of subsidiaries
Country of
incorporation
Proportion of
ownership interest
Principal activities
2020
2019
%
%
Security Printers (M) Sdn. Bhd. (i)
Malaysia
100
100 Trading of security and confidential
documents.
Percetakan Keselamatan Nasional
Sdn. Bhd. (i)
Malaysia
100
100 Production of security and
confidential documents.
Fima Technology Sdn. Bhd. (i)
Malaysia
100
100 Property management and
engineering consultation services.
FCB Plantation Holdings Sdn. Bhd. (i)
Malaysia
100
100 Investment holding.
Gabungan Warisan Sdn. Bhd. (i)
Malaysia
100
100 Oil palm plantation.
Subsidiary of FCB Plantation Holdings Sdn. Bhd.
Cendana Laksana Sdn. Bhd. (i)
Malaysia
100
100 Oil palm plantation.
Next Oasis Sdn. Bhd. (i)
Malaysia
100
100 Investment holding.
PT Nunukan Jaya Lestari (ii)
Indonesia
80
80
Oil palm production and processing.