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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