Question: Consider the following situations independently: (i) Eclipse Bhd acquired 80% interest in Star Bhd on 1 March 2017. On 1 January 2018, Star Bhd acquired

Consider the following situations independently:

(i) Eclipse Bhd acquired 80% interest in Star Bhd on 1 March 2017. On 1 January 2018, Star Bhd acquired 70% interest in Cloudy Bhd and. Later, on 1 January 2020, Eclipse Bhd acquired a 20% interest in Cloudy Bhd.

(ii) Omicron Bhd acquired a 60% interest in Delta Bhd on 1 February 2018. Delta Bhd acquired a 90% interest in Deltamicron Bhd on 1 July 2020.

(iii) Vogue Bhd acquired 70% of ordinary shares in Cute Bhd on 1 January 2018. On 10 July 2020, Vogue acquired 95% interest in Glams Bhd by paying cash of RM10 million. In two months after, Vogue Bhd made a new investment that amounted to 68% in Virtual Sdn Bhd as part of its business expansion program.

Required:

Determine the group structure and effective controlling interest for the above situations

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