THE BASIC PRINCIPLES OF CORPORATE SECRETARY HONG KONG

(one) With the purposes of this Ordinance, an endeavor is really a mother or father endeavor of One more enterprise if— (a) exactly where both equally undertakings are bodies corporate, it is a Keeping company of that other endeavor; or (b) in another scenario— (i) it retains a majority on the voting rights in that other undertaking; (ii) It is