Controlling Shareholder definition
Controlling Shareholder means any shareholder owning more than fifty
Controlling Shareholder of a corporation means a shareholder who or which holds (or another person who or which holds for the benefit of such shareholder), other than by way of security only, voting securities of such corporation carrying more than 50% of the votes for the election of directors, provided that the votes carried by such securities are sufficient, if exercised, to elect a majority of the board of directors of such corporation;
Controlling Shareholder means a person who:
Examples of Controlling Shareholder in a sentence
Reference Shareholder means, in the absence of a shareholder or group of shareholders identified as the Company's Controlling Shareholder, the shareholder, or group of shareholders, that directly or indirectly holds the largest number of common shares of the Company.
More Definitions of Controlling Shareholder
Controlling Shareholder means any shareholder owning more than fifty percent (50%) of the stock in the corporation or more than twenty-five percent (25%) of the stock in the corporation if no other shareholder ownes a larger share of stock in the corporation.
Controlling Shareholder means a person who holds (directly or indirectly) 15% or more of the nominal amount of all voting shares in the listed company or one who in fact exercises control over its listed company.
Controlling Shareholder has the meaning as given in the Listing Rules;
Controlling Shareholder shall have the meaning set forth in Section 32(9) of the Ordinance.
Controlling Shareholder means a “controlling shareholder” of the Company, as such term is defined in Section 32(9)(a) of the Tax Ordinance.
Controlling Shareholder means a shareholder holding, directly or indirectly, 90 per cent (or such other percentage above 90 per cent as provided in the Articles of Incorporation) or more of the Company’s voting rights as calculated in accordance with the Companies Act;
Controlling Shareholder means a “controlling shareholder” within the meaning of Section 32(9) of the Ordinance, currently defined as an individual who prior to the grant or as a result of the grant or exercise of any Award, holds or would hold, directly or indirectly, in his name or with a relative (as defined in the Ordinance) (i) 10% of the outstanding shares of the Company, (ii) 10% of the voting power of the Company, (iii) the right to hold or purchase 10% of the outstanding equity or voting power, (iv) the right to obtain 10% of the “profit” of the Company (as defined in the Ordinance), or (v) the right to appoint a director of the Company.