Assignment on-

“List of Subsidiary Companies in BD”

Course Name and Code: Business Law (Law 4151)

Trimester: Spring 2020

Section: B

Prepared by:

Name ID
Borhan Uddin 111 161 375

Submitted to:
Taslima Jahan
(Course Instructor)
Lecturer

Date of Submission 13.05.2020

Holding Company & Subsidiary Company

If a company can control the policies of another company,

 Through the ownership of its shares or

 Through control over the composition of its Board of Director, the former ( i.e.
controlling company ) is called a Holding Company & the latter (i.e. the controlled
company) is called its Subsidiary.

List of Few Companies in Bangladesh

No Subsidiary Company Parent Company Foreign Company

ONYX Hospitality
Group.
1. Amari Dhaka ( wholly owned Amari Hotels and Resorts is
subsidiary ) a Thai-based hotel and resort
chain owned by ONYX Yes
Hospitality Group, operating a
network of upscale properties
in urban and resort destinations
throughout Thailand and Asia

Banglalink ( Telecommunication
2. Industry )
Owned By Telecom Ventures Ltd.
Global Telecom
Holding & Veon Ltd.
Previously Orascom Telecom
Ventures Ltd.) of Malta, which
is a 100% owned subsidiary of
global telecom holding. in
April 2011, between NO
Vimpelcom Ltd. and Wind
Telecom
S.P.A, Vimpelcom owns
51.92% shares of global
telecom holding.

Jenson and Nicholson

3. Berger Paints Bangladesh (Asia) Limited Yes
( Paint Industry ) Berger Paints India Ltd is an
Indian paint company based
in India.
 Standard Oil (U.S)
As of December 31, 2018,
Chevron had approximately
48,600 employees (including Yes
4. Chevron ( Petroleum Industry ) about 3,600 service station
employees). Approximately
24,800 employees (including
about 3,300 service station
employees), or 51 percent,
were employed in U.S.
operations

Joint Venture Between

Telenor & Grameen
telecom corporation.
GP, is the leading
telecommunications service
provider in Bangladesh, with
5. Grameenphone ( Bangleadesh ) more than 74 million Yes
subscribers and 46.3%
subscriber market share (as of
January 2019). It is a joint
venture
between Telenor and Gramee
n Telecom Corporation.
Telenor, a telecommunication
company from Norway, owns
a 55.8% share of
Grameenphone, Grameen
Telecom owns 34.2% and the
remaining 10% is publicly
held.

South Korean Leading

Youngone Bangladesh Textile apparel & Yes
6. ( Garments Industry ) footwear manufacturer
company.

8. ROBI ( Telecommunication Industry ) Axiata Group & No

Bharti Airtel

9. Sanofi Aventis Public Limited Yes

Company
( BD gvt. has 43.36%
share )

South Korean Leading

10 HSBC ( Banking Industry ) Textile apparel & Yes
footwear manufacturer
company