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Kids Corner ( Pty ) Ltd owns 7 5 % of Books Galore ( Pty ) Ltd and Books Galore ( Pty ) Ltd owns

Kids Corner $($ Pty $)$ Ltd owns $75 %$ of Books Galore $($ Pty $)$ Ltd and Books Galore $($ Pty $)$ Ltd owns $25 %$ of the ordinary shares of Just Covered $($ Pty $)$ Ltd $.$
Discuss the degree of influence $($ control $)$ that Kids Corner $($ Pty $)$ Ltd has over the other two companies.

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Question

Kids Corner ( Pty ) Ltd owns 7 5 % of Books Galore ( Pty ) Ltd and Books Galore ( Pty ) Ltd owns

Kids Corner (Pty) ﻿Ltd owns 75% ﻿of Books Galore (Pty) ﻿Ltd and Books Galore (Pty) ﻿Ltd owns 25% ﻿of the ordinary shares of Just Covered (Pty) ﻿Ltd.Discuss the degree of influence (control) ﻿that Kids Corner (Pty) ﻿Ltd has over the other two companies.

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Kids Corner $($ Pty $)$ Ltd owns $75 %$ of Books Galore $($ Pty $)$ Ltd and Books Galore $($ Pty $)$ Ltd owns $25 %$ of the ordinary shares of Just Covered $($ Pty $)$ Ltd $.$
Discuss the degree of influence $($ control $)$ that Kids Corner $($ Pty $)$ Ltd has over the other two companies.