How Spaces helps
Your system uses ownership percentages to drive NCI and equity pickup. Agents record the decisions behind each change as cited memos linked to the affected entities.
Still manual today The reasons behind ownership changes and their accounting treatment are recorded outside the system.
Example MarketCo MY stake rises from 80% to 90% on 1 Sep: NCI falls from MYR 4.40M to 2.20M, with the share purchase agreement and board minute cited.
Ownership register · 2026
- TechCo IN share issue Memo approved 12 Sep Done
- OpsCo HK minority buy-back Memo drafted, awaiting review For approval
- JV stake in Acme Labs Equity method basis cited Done
- HoldCo SG option exercise Legal confirmation pending For approval
- Ownership mismatch, TechCo IN ERP shows prior percentage Needs review
Memos linked to each company record
What the agent does
- Captures ownership changes from board papers, emails and legal documents
- Drafts a memo stating the change, effective date and accounting treatment
- Links the memo to the affected entities and their ownership records
- Routes memos for technical accounting and controller approval
How it runs
- 01 Capture change Detects ownership events in board minutes, legal folders and finance channels.
- 02 Draft memo Summarizes the transaction, effective date and proposed NCI or equity treatment.
- 03 Link entities Connects the memo to the affected companies and their ownership records.
- 04 Approve Technical accounting and the controller approve before ownership is updated.
Basis on record
Every ownership change carries its documented reasoning.
Entities stay aligned
Memos and ownership records are checked together.
Easier technical reviews
Reviewers see facts, treatment and sources in one memo.
- Can it detect mismatches?
- Yes. It flags where memo percentages differ from the ownership recorded in your system.
- Who approves ownership memos?
- Technical accounting and the controller, before any ownership update is made.
