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Finance > Wholly Owned Subsidiary
The following information is about Wholly Owned Subsidiary.
Wholly Owned Subsidiary Defined
A subsidiary whose parent company owns virtually 100% of its common stock.
This definition is in context to Finance. See more contextual defintions for Wholly Owned Subsidiary.
Bintulu Port sees strong cargo growth
Published September 7, 2008, 6:39 pm, The Star
BINTULU Port Sdn Bhd (BPSB), a wholly-owned subsidiary of Bintulu Port Holdings Bhd (BPHB), expects to register strong cargo-handling growth this year, supported by its performance in the first half of 2008.
(AFX UK Focus) 2008-09-08 01:51 Hong Kong's Li & Fung to sell 4.62 pct stake to Temasek unit for 3.88 bln hkd
Published September 7, 2008, 6:13 pm, Interactive Investor
HONG KONG (XFN-ASIA) - Li & Fung Ltd, a Hong Kong trading company focused on consumer goods, said it has agreed to sell 168 mln new shares, or a 4.62 pct stake, for 3.88 bln hkd to a wholly-owned subsidiary of Temasek Holdings, Singapore's state investment firm.
R-Money ties up with US broker
Published September 7, 2008, 3:20 pm, The Telegraph
New Delhi, Sept. 7 (PTI): Reliance Money (R-Money) has forged an alliance with OptionsXpress, the third largest online broker in the US.
PSALM sets sale of Calaca coal-fired power plant
Published September 7, 2008, 9:13 am, Philstar.com
The Power Sector Assets and Liabilities Management (PSALM) has set an internal target of November to close the sale of 600-megawatt (MW) Calaca coal-fired power plant.
West Dundee man among Farmers Group’s top performers
Published September 7, 2008, 12:17 am, Northwest Herald
WEST DUNDEE – Dan Giacalone of West Dundee has earned Farmers Group Inc.’s highest award for district managers and agents, recognizing those providing “outstanding overall performance.”
Fashion Week to show spring lines on Bryant Park catwalks in Manhattan
Published September 6, 2008, 6:17 pm, Palm Beach Daily News
It may be the height of hurricane season in South Florida, but in New York City this week, at least among those who track fashion, it's all about spring.
Amgen And Wyeth Statement On The FDA Safety Announcement Regarding Tumor Necrosis Factor (TNF) Blockers
Published September 6, 2008, 11:14 am, Medical News Today
Amgen (NASDAQ: AMGN) and Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), issued a statement in response to the Food and Drug Administration (FDA) safety announcement regarding opportunistic fungal infections in patients treated with Tumor Necrosis Factor (TNF) blockers [marketed as Remicade&r
Silver State Bank seized and sold
Published September 6, 2008, 2:47 am, Las Vegas Review-Journal
State and federal bank regulators late Friday announced the seizure and sale of Henderson-based Silver State Bank, which bet its future on Las Vegas real estate values and lost.
BBVA Completes conversion of second US subsidiary bank to Compass platform
Published September 5, 2008, 5:32 pm, Banking Business Review
The Banco Bilbao Vizcaya Argentaria Group has converted Texas State Bank into Compass Bank reportedly marking significant progress toward BBVAs US integration plan and the launch of the BBVA Compass brand.
PCCS upbeat on China operations
Published September 5, 2008, 4:22 pm, The Star
BATU PAHAT: PCCS Group Bhd says China will continue to contribute significantly to its operations in the coming years. Executive chairman and group managing director Chan Choo Sing said the Chinese economy was likely to remain buoyant despite an anticipation of a global slowdown.
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