INL 0.00% 0.9¢ innlanz limited

2c dividend, page-10

  1. 7,409 Posts.
    Alan,

    A bit pedantic but not quite right. Both BKR and MPH have a 50% stake in a subsiduary of Magna Pacific (Holdings) Limited called Magna Pacific Pty Ltd. So the 50% only relates to the subsiduary, and any other assets held by MPH are not 50% owned by BKR.

    MPH, however, owns 20% of BKR, the company.

    A minor but important distinction.

    Cheers
 
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