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Subsidiary or Associate

 
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Subsidiary or Associate
chmamir
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Posts: 2
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Joined: May 2011
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#1
05-12-2011, 08:57 PM
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
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