100 per cent owned capital

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Square100

Senior Member
Vietnamese
ACV also has three subsidiary companies such as the Southern Airports Services Company Limited (100 per cent owned capital), Cam Ranh Aviation Commercial Joint Stock (51 per cent owned capital) and Southern Airport Transportation JS Company (97.46 per cent owned capital).

Source: "AVC draws foreign investor interest", Viet Nam News.

What does "100 per cent owned capital" mean?
I understand the phrase "100 percent foreign owned capital". However, "100 per cent owned capital" sounds strange to me. The capital owned by whom?
Thanks.
 
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