To Act As A Holding Company Companies in Malaysia

A holding company is a company that owns other companies' outstanding stock. A holding company usually does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group. A holding company can be used to control a group of companies without actually owning them outright.

In Malaysia, a holding company can be used to control a group of companies by owning a majority of the shares in those companies. The holding company can then use its voting power to control the board of directors and make decisions on behalf of the group.

A holding company can also be used to manage the finances of a group of companies. The holding company can consolidate the financial statements of the companies it owns, making it easier to see the overall financial picture.

A holding company can also be used to protect the assets of the companies it owns. If one of the companies in the group goes bankrupt, the holding company can use its assets to pay off the debts of the bankrupt company. This can protect the other companies in the group from being forced to pay the debts of the bankrupt company.

A holding company can have many benefits, but it is important to remember that it can also be used to control a group of companies. If