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Sun Ltd owns 100% of the shares of Moon Ltd, which owns 80% of the shares of Star Ltd. All companies prepare their own financial

Sun Ltd owns 100% of the shares of Moon Ltd, which owns 80% of the shares of Star Ltd. All companies prepare their own financial reports under AASB/IFRS accounting standards. Moon Ltd does not have debt or equity instruments traded in a public market, nor does it intend to issue any.

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