JAMB - Commerce (2024 - No. 28)

A holding company is one which holds shares in another company up to
51%
41%
33%
25%

Explanation

A holding company is a company that owns a significant portion of the voting shares or equity of another company, known as its subsidiary. To be considered a holding company, it typically needs to hold a majority of the voting rights or shares of the subsidiary, which is generally defined as owning more than 51% of the subsidiary's shares.

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