Using the data from Question 4 but assuming that Parent Ltd controls S2 Ltd without holding any shares in S2 Ltd.The Parent Ltd indirect interest in S1 Ltd is:
A) 100%
B) 70%
C) nil
D) none of the above

Question

Quizplus · Accepted Answer

If Parent Ltd controls S2 Ltd without holding any shares, it means there is no direct or indirect shareholding in S1 Ltd through S2 Ltd, resulting in a nil indirect interest.

Using the Data from Question 4 but Assuming That Parent