Editing Holding company (section)

===Singapore===
The parent subsidiary company relationship is defined by Part 1, Section 5, Subsection 1 of the Companies Act, which states:<ref>{{cite web |url=https://sso.agc.gov.sg/Act/CoA1967#pr5- |title=Companies Act |website=Singapore Statues Online |access-date=12 March 2020 |archive-url=https://web.archive.org/web/20190606040804/https://sso.agc.gov.sg/Act/CoA1967#pr5- |archive-date=6 June 2019 |url-status=live}}</ref>

<blockquote>
5.—(1) For the purposes of this Act, a corporation shall, subject to subsection (3), be deemed to be a subsidiary of another corporation, if —
:(a) that other corporation —
::(i) controls the composition of the board of directors of the first-mentioned corporation; or
:::[Act 36 of 2014 wef 01/07/2015]
::(ii) controls more than half of the voting power of the first-mentioned corporation; or
::(iii) [Deleted by Act 36 of 2014 wef 01/07/2015]
:(b) the first-mentioned corporation is a subsidiary of any corporation which is that other corporation's subsidiary
</blockquote>