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In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code. A corporation is a personal holding company if both of the following requirements are met: [15] Gross income test: at least 60% of the corporation's adjusted ordinary gross income is from dividends, interest, rent, and royalties.
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.
According to s.1159 of the Act, a company is a "subsidiary" of another company, its "holding company", if that other company: holds a majority of the voting rights in it, or is a member of it and has the right to appoint or remove a majority of its board of directors, or
Advantages of a bank holding company can include reduced overall risk and increased access to funding. Examples of bank holding companies include JPMorgan Chase & Co., U.S. Bancorp and Citicorp.
Perusahaan Perdagangan Indonesia (Indonesia Trading Company) is a nationalized company from several trading companies such as N.V. Borneo Sumatra Maatschappij (Borsumij), Internationale Crediet- en Handelsvereeniging "Rotterdam" (Internatio, one of the predecessors of Imtech), Lindeteves, and Geo Wehry.
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PT Bio Farma (Persero) is an Indonesian state-owned enterprise based in Bandung, West Java and the only local vaccine manufacturer in Indonesia, [2] which produces vaccines and sera to support immunization in Indonesia and other countries. [3] Bio Farma vaccine produced vaccines against measles, polio, hepatitis B, and pentavalent vaccine. [2]
18.2 18.6 Telecommunication 5 944 Bank Negara Indonesia: Jakarta 5.4 1.4 67.3 12.1 Banking 6 1194 Bayan Resources: Jakarta 3.3 1.0 2.9 39.6 Coal mining 7 1591 Chandra Asri Petrochemical: Jakarta 2.1 0.0 5.4 49.3 Oil and gas 8 1605 Amman Mineral Internasional: Jakarta 2.0 0.3 9.9 46.6 Mining 9 1738 Adaro Energy: Jakarta 6.1 1.6 10.5 5.6 Coal mining