Article 369-11
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In calculating the number of shares or the amount of equity capital of another company being held by a company under this Chapter, the following shares or equity capital shall also be included into the calculation:
- The shares or equity capital of another company being held by the subordinate company of companies of the investing company;
- The shares or equity capital (of such another company) being held by a third party for the investing company; and
- The shares or equity capital (of such another company) being held by a third party for any subordinate company of the investing company.
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