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+--- Thread: Subsidiary or Associate (/thread-subsidiary-or-associate)
Subsidiary or Associate - chmamir - 05-12-2011
AOA
Kindly help me in the following matter
'A' and his/her spouse 'B' holds 70% (30+40) in a listed company 'ABC' and none holds office of Director/CEO in ABC.
ABC holds 49% shares in a Private Limited Company 'XYZ'.
A and B holds 27% shares in XYS.
What is relation between ABC and XYZ (i.e. subsidiary or associate)
Regrads
Amir