Search results
Results from the WOW.Com Content Network
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
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
PT MNC Asia Holding Tbk (IDX: BHIT), better known as MNC Group, is an Indonesian conglomerate company founded in 1989. This company operates in the fields of mineral resources, mass media, and investment.
In 2009, FGV purchased 51% of the largest sugar refiner in Malaysia, MSM Malaysia Holdings from PPB Group Berhad (founded by Robert Kuok) for RM1.25 billion. [5] On 3 July 2018, the company dropped the phrase "Felda Global Ventures" from their corporate name and renamed as FGV Holdings Berhad. [6] [7]
United Airlines Holdings, Inc. (formerly known as United Continental Holdings, Inc., UAL Corporation, Allegis Corporation and founded originally as UAL, Inc. [3]) is a publicly traded airline holding company headquartered in the Willis Tower in Chicago. [4] UAH owns and operates United Airlines, Inc.
The Kamus Besar Bahasa Indonesia (KBBI ; lit. ' Great Dictionary of the Indonesian Language ' ) is the official dictionary of the Indonesian language compiled by Language Development and Fostering Agency and published by Balai Pustaka .
In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), is broadly defined as "any company that has control over a bank". [2] All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System .
CK Hutchison Holdings Limited (Chinese: 長江和記實業有限公司) is a Hong Kong–based and Cayman Islands–registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa . [ 2 ]