1. The objects of a holding company shall be limited to the following: a. To hold shares or equity stake in Joint Stock Companies and Limited Liability Companies; b. To provide loans, guarantees and finance to its subsidiaries; c. To acquire real estate and movable assets for its activities and operations; d. To manage its subsidiaries; and e. To acquire intellectual property rights from patents, trademarks, industrial drawings and designs or franchise rights, and to lease the same out to its subsidiaries or to other companies. 2. Holding Companies may only conduct their activities through their subsidiaries.
Interpretation and application must be checked against the official text and current version.
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