Commercial Companies Law

Commercial Companies Law — Article 228

The objects of the holding company shall be as follows: 1. manage its subsidiary companies or to participate in the management of the other companies in which it is a shareholder. 2. participate in the establishment of joint stock companies or limited liability companies. 3. provide guarantees, loans and finance to its subsidiary companies. 4. invest its funds in shares, bonds and other securities. 5. acquire the movable and immovable properties necessary for carrying out its activity within the limits permitted by law. 6. acquire patents, trademarks, concessions and other intangible rights and to utilize and license them to its subsidiary companies and to others.

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