Search results
Results from the WOW.Com Content Network
A first-tier subsidiary is a subsidiary/child company of the ultimate parent company, [note 1] [10] while a second-tier subsidiary is a subsidiary of a first-tier subsidiary: a "grandchild" of the main parent company. [11] Consequently, a third-tier subsidiary is a subsidiary of a second-tier subsidiary—a "great-grandchild" of the main parent ...
The company was a second-tier subsidiary of China Baowu Steel Group, via Ba Yi Iron and Steel Group (now known as "Baosteel Steel Group Xinjiang Ba Yi Iron and Steel Co., Ltd."). The rest of the shares of the company float in Shanghai Stock Exchange. Xinjiang government is the minority shareholder of the holding company: Ba Yi Iron and Steel Group.
By net assets, Baosteel Group's subsidiary was already exceeding the net assets of Hesteel Group as of 31 December 2015. Hesteel Group had a second-tier subsidiary listed at the Shenzhen Stock Exchange, Hesteel Company, which is controlled by the direct subsidiaries Hansteel Group and Tangsteel Group of Hesteel Group.
In January 2018, Taiping Trustees, a second-tier subsidiary of China Taiping Insurance Holdings (Taiping Trustees is a subsidiary of Taiping Financial Holdings [8]), partnered with other investors, bought an office building on 18 King Wah Road in North Point. [9]
Shunting locomotive GKD1A owned by Meisteel. Shanghai Meishan Iron and Steel Co., Ltd., known as Meishan Iron and Steel, or Meisteel or Meigang (Chinese: 梅钢) is a second-tier subsidiary of Baowu (formerly known as Baosteel Group) and a first-tier subsidiary of listed company Baoshan Iron and Steel Co., Ltd. (Baosteel).
B3Square1, Nouveau Holdings Ltd's To-Be-Acquired Subsidiary, to Launch Second Game of Skill, PlayGin.net in Fourth Quarter 2013 AUSTIN, Texas--(BUSINESS WIRE)-- Nouveau Holdings Ltd ...
In December 2016, second-tier subsidiary Auric Pacific Group (a listed company majority owned by Lippo China Resources) was privatized by Lippo Limited's chairman Stephen Riady (son of Mochtar Riady) and his son-in-law Andy Adhiwana (via a SPV Silver Creek Capital) for S$1.65 per shares. [8] [9]
For premium support please call: 800-290-4726 more ways to reach us