Pasta Ltd holds 40 per cent of the voting rights of Spaghetti Ltd. Two other shareholdes, Burger King and Big Buns, each hold 25 per cent of the voting rights of Spaghetti. The remaining voting rights are held by numerous other shareholders, none individually holding more than 1 per cent of the voting rights. Typically, 65 per cent of eligible votes are cast at the annual general meetings of Spaghetti Ltd. A shareholder agreement grants Pasta Ltd the right to appoint, remove, and set the remuneration of non-executive directors of the board of Spaghetti Ltd. There are no other arrangements that affect Spaghetti's decision making. Required: Considering the case of Pasta and Spaghetti as illustrated above, explain whether