Assess and identify the parent/acquirer that will direct the relevant activities of theinvestee Zeus Berhad has 4 shareholders, Poseidon Berhad, Namira Berhad, Hades Berhad and Medusa Berhad. Each of the shareholders currently holds an equal amount of ordinary shares in Zeus Berhad. In addition, Medusa Berhad also holds RM100,000 debentures which are convertible in 3 years with a conversion of 100 ordinary shares for every RM200 debentures.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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Assess and identify the parent/acquirer that will direct the relevant activities of theinvestee

Zeus Berhad has 4 shareholders, Poseidon Berhad, Namira Berhad, Hades

Berhad and Medusa Berhad. Each of the shareholders currently holds an equal

amount of ordinary shares in Zeus Berhad. In addition, Medusa Berhad also

holds RM100,000 debentures which are convertible in 3 years with a conversion

of 100 ordinary shares for every RM200 debentures.

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