Explain whether brands ltd is a subsidiary of zeplin ltd, Business Law and Ethics

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Explain whether brands ltd is a subsidiary of zeplin ltd

Problem

Zeplin Ltd holds 80% of the shares carrying voting rights in Alphine (Pty) Ltd and 40% of the shares carrying voting rights in Brands (Pty) Ltd. Alphine (Pty) Ltd holds 60% of the shares carrying voting rights in Brands (Pty) Ltd. Explain in detail whether Brands (Pty) Ltd is a subsidiary of Zeplin Ltd.

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Business Law and Ethics: Explain whether brands ltd is a subsidiary of zeplin ltd

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Business Law and Ethics: Explain whether brands ltd is a subsidiary of zeplin ltd

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