The phrase "cent shareholding" means owning a very small portion or percentage of a company's shares. It refers to having only a small ownership stake in the company. Full definition
Leading New World wine producer, Accolade Wines, has entered into an agreement to sell its 50 per cent shareholding in Matthew Clark, the UK's largest independent drinks distributor, to Conviviality Retail Plc, one of the UK's largest franchised off - licence and convenience chains, for # 100 million. (accolade-wines.com)
Tiger Resources says it will acquire the remaining 40 per cent shareholding in Société d'Exploitation de Kipoi for $ 118.6 million, to gain full ownership of its Kipoi copper project. (businessnews.com.au)
Murray Goulburn conceded defeat in the dramatic three - way takeover battle for WCB last week as Montreal - based Saputo crossed the 50 per cent shareholding threshold. (afr.com)