A Ltd owns 90% of the ordinary share capital of B Ltd and 70% of the ordinary
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A Ltd owns 90% of the ordinary share capital of B Ltd and 70% of the ordinary share capital of C Ltd. C Ltd owns 70% of the ordinary share capital of D Ltd.
(a) Which companies are related 51% group companies of A Ltd?
(b) If B Ltd acquired 60% of the ordinary share capital of an overseas company, would this overseas company also become a related 51% group company of A Ltd?
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