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Please solve it fast As at 30 June 2019, Iggy Ltd owns 65% of the voting shares in Fancy Ltd. The remaining 35% of the

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As at 30 June 2019, Iggy Ltd owns 65% of the voting shares in Fancy Ltd. The remaining 35% of the shares in Fancy Ltd are owned by CardiB Ltd. Iggy Ltd does not participate in the day-to-day operations of Fancy Ltd and instead delegates the day-today operations of Fancy Led to CardiB Ltd. Does Iggy Ltd control Fancy Ltd? O Iggy Ltd does not control Fancy Ltd as it owns less than the majority of shares in Fancy Led and is not actively involved in the day-to-day operations of Fancy Ltd. O Iggy Ltd controls Fancy Ltd as it has power over the majority of shares in Fancy Ltd. O Iggy Ltd does not control Fancy Ltd because CardiB Ltd has the power to make the day-to-day decisions. O Iggy Ltd and CardiB Ltd share control of Fancy Ltd as they are both involved in the decision making process in Fancy Ltd

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