Close Links

A Person (person A) has close links with a Person (person B) if:

(A) person B:
(i) is a Holding Company of person A;
(ii) is a Subsidiary of person A;
(iii) is a Holding Company of the Subsidiary of person A;
(iv) is a Subsidiary of a Holding Company of person A; or
(v) owns or controls 20% or more of the voting rights or shares of person A; or
(B) person A owns or controls 20% or more of the voting rights or shares of person B.
Amended by RM/2018-4 (as from 1st August 2018).