rcrmj
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you find out that South Africa bank, and look at their off-shore shareholders and investors```its a known fact in our circle heresource?
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you find out that South Africa bank, and look at their off-shore shareholders and investors```its a known fact in our circle heresource?
you find out that South Africa bank, and look at their off-shore shareholders and investors```its a known fact in our circle here
naspers owned majority by south african standard bank while the later owned by china icbc bank and china citic groupsource?
naspers owned majority by south african standard bank while the later owned by china icbc bank and china citic group
Normally 33% can make the descision if you have common sensesThanks for that info.
But I still couldn't find anything anywhere.
Can you please give me your source?
Also, I highly doubt that any single shareholder will own a majority (that is more than 50%) of a large and old company like Naspers.
naspers owned majority by south african standard bank while the later owned by china icbc bank and china citic group
Then who has the most significant power in this company ICBC with 20% or the one with 11%?But I did get the shareholding of Chinese companies in South African Standard Bank. They are nowhere majority.
Largest yes, but not majority.
View attachment 433419
Normally 33% can make the descision if you have common senses
That is called A-B Dual Class StructureActually, there it is even murkier.
Because shares can be of many types.
I know it for a fact that Koos Bekker, the old CEO, controls the company due to special management and preferential shares.
Theoretically, a company can be controlled by members with any stake.
Alibaba is controlled by its founders, despite the fact that they together have less than 20% of the shares of Alibaba.
That is called A-B Dual Class Structure
Like alibba Jack MA has only 7% but have 42.5% right to vote,i think pyatm maybe the same case but not sure yet!!
still the biggest compared to other holders no?plus,as we all know,jack ma with his 7% it can control all the subsidiaries of alibaba,so this 20% or this 4% as you mentions supposedly may have significant powers!You are quite knowledgeable in these matters.
I am sure you would understand than that ICBC's stake in Naspers is actually going to be very small. It has 20% stake in South African Bank. Even if we assume similar 20% stake of Bank in Naspers, the final stake in Naspers comes out to be only 4%.