• andy chuks Types Of Companies On The Basis Of Control
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    Types Of Companies On The Basis Of Control

    a. Holding Companies
    A holding company is a company, which holds all, or majority of the share capital in one or more companies so as to have a controlling interest in such companies.

    b. Subsidiary Company
    A company, which operates its business under the control of another company (i.e holding company), is known as a subsidiary company.
    07 May 2011Comment
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    • ogugua belonwu what percentage shares will a coy have in anoda to be referred to as its subsidiary?
      Like It0 Unlike It0 07 May 2011
    • andy chuks They should have majority or controlling share which is usually About 50% or more,
      Like It0 Unlike It0 06 November 2011