(ii) Explain whether or not Carver Ltd will become a close investment-holding company as a result of
acquiring either the office building or the share portfolio and state the relevance of becoming such a
company. (2 marks)
(ii) Explain whether or not Carver Ltd will become a close investment-holding company as a result of
acquiring either the office building or the share portfolio and state the relevance of becoming such a
company. (2 marks)
(ii) Close investment holding company statusCarver Ltd will not become a close investment-holding company if it purchases the office building as, although it will nolonger be a trading company, it intends to rent out the building to a number of tenants no
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