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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. In some jurisdictions around the world, holding companies are called ...
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam . With a market reach to Asia , Australia and Oceania , the company's main business is in the cement sector and its derivative products such as concrete , mortar ...
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
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.
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, [3] and the shareholders cannot be required to perform the company's obligations.
Brenntag SE is the holding company of Brenntag Group. The company was founded in 1874 in Berlin and specializes in the distribution of chemicals and ingredients. The company is headquartered in Essen, Germany and has operations in more than 600 locations in 72 countries. [2]
PT Tokopedia is an Indonesian e-commerce company. [2] Tokopedia is a subsidiary of a new holding company called GoTo, following a merger with Gojek on 17 May 2021. [3] [4] It is one of the most visited e-commerce platforms in Indonesia. [5] Tokopedia is one of Indonesia's unicorn companies, alongside Bukalapak, Gojek, OVO, and Traveloka.
The Tsingshan Holdings Group (Chinese: 青山控股, ching-shan) is a Chinese private company active in the stainless steel and nickel industry. Xiang Guangda in 2017. Tsingshan Holdings was founded in 1988 by Xiang Guangda in Wenzhou. [2] It moved into the Indonesian nickel industry in 2009. [3] Among its assets are: