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Glossary

A B C D E H I L M O P R S U W

Holding Company

Under the Companies Ordinance of Hong Kong, a body corporate is a holding company of another body corporate if — (1) it controls the composition of that other body corporate’s board of directors; (2) it controls more than half of the voting rights in that other body corporate; or (3) it holds more than half of that other body corporate’s issued share capital.