Malaysia legislation

Section 4

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 4

Where a corporation—

(a)

is the holding company of another corporation;

(b)

is a subsidiary of another corporation; or

(c)

is a subsidiary of the holding company of another corporation, that first-mentioned corporation and that other corporation shall for the purposes of this Act be deemed to be related to each other.

Non-application of Companies Act 1965