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A Ltd Owns 75 Per Cent of the Issued Capital

Question 4

True/False

A Ltd owns 75 per cent of the issued capital of B Ltd,B Ltd owns 69 per cent of the issued capital of C Ltd,and C Ltd owns 60 per cent of the issued capital of D Ltd.The only entity that is not an immediate parent entity is D Ltd,and A Ltd is the ultimate parent entity:

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