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

  • As each of these companies is an associate of Xx. Xxxx, an executive Director and our Controlling Shareholder, and thus a connected person of our Company, these transactions will constitute continuing connected transactions of our Company upon Listing.

  • As each of these companies is an associate of Xx. Xxxx, an executive Director and a Controlling Shareholder, and therefore a connected person of our Company, these transactions will constitute continuing connected transactions of our Company upon Listing.


More Definitions of Controlling Shareholder

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 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 “controlling shareholder” of the Company, as such term is defined in Section 32(9)(a) of the Tax Ordinance.
Controlling Shareholder means a person who holds directly or indirectly 15% or more of the total number of issued shares excluding treasury shares in the company; or who in fact exercises control over the company.
Controlling Shareholder has the meaning as given in the Listing Rules;
Controlling Shareholder means a person who (i) holds directly or indirectly 15% or more of the total number of issued shares in the company excluding treasury shares (the SGX-ST may determine that such person is not a controlling shareholder) or (ii) in fact exercises control over a company;
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.