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prokopton

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prokopton

Re: The Swede post# 30197

Monday, 02/18/2013 11:41:08 AM

Monday, February 18, 2013 11:41:08 AM

Post# of 163719
I'm looking at SIAF's "The Ultimate Holding Company" chart at the intro of this forum. A few things may have changed since the chart was posted. It is a very convoluted chart. In the chart, SIAF has ownership in 15 other companies. It has a:

--25% interest in 9 subsidiaries.

--26% in 1 sub.

--45% in 1 sub.

--50% in 1 sub.

--75% in 3 subsidiaries.

To imply that SIAF has 100% operation control over the affairs of companies in which it has a less than 50% ownership (11 of them) is against normal business practices.



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