a) Brunei Ltd Burma Ltd and Bhutan Ltd each own one-third of the ordinary shares

a) Brunei Ltd Burma Ltd and Bhutan Ltd each own one-third of the ordinary shares that carry voting rights at a general meeting of shareholders of Comoros Ltd. Brunei Ltd Burma Ltd and Bhutan Ltd each have the right to appoint two directors to the board of Comoros Ltd. Brunei Ltd also owns call options that are exercisable at a fixed price at any time and if exercised would give it all the voting rights in Comoros Ltd. The management of Brunei Ltd does not intend to exercise the call options even if Burma Ltd and Bhutan Ltd do not vote in the same manner as Brunei Ltd. (Leo K. Hoggett J. and Sweeting J Company Accounting 9th Edition page 755)