Examples of Controlled Company in a sentence
Telkomsel is a Controlled Company of the Company with a percentage of Company’s ownership in Telkomsel, as of the date of this Spin-Off Plan and Disclosure of Information, of 65% (sixty-five percent) of Telkomsel's total issued and paid-up capital.
SWAP is wholly owned and controlled, as an in-house company, by the members and is a Local Authority Controlled Company for the purposed of Part V of the Local Government and Housing Act 1989.
Services to be providedPursuant to the Financing Services Agreement, GNS may (but not obliged to), upon request from Mr. Hung and/or any Controlled Company, provide or procure any other company amongst GNFG Group to provide the Financing Services to Mr. Hung and/or, as the case may be, the relevant Controlled Company from time to time during the Term, on a non-exclusive basis.
This Proposed Transaction is carried out with an affiliated party considering that Telkomsel is a Controlled Company that is directly owned and controlled by the Company and will remain owned and controlled by the Company after the completion of the Proposed Transaction.
After checking by the customer service officer, had reviewed and approved the broking commission rate and margin loan interest rate for Mr. Hung and/or, as the case may be, the relevant Controlled Company has to be reviewed and approved by an independent responsible officer and a credit committee member in order to ensure such rates are no less favourable to GNFG Group than those rates offered to other customers of GNFG Group who are Independent Third Parties.