Not every company whose capital is held by the state or a state-owned entity is an EPIC.

The state owns most property, but often a state-owned company, cooperative or other entity holds the user rights.

Most of the Asian consortium's stock is held by five Chinese state-owned entities, including one that falls under General Shen's supervision.

With a few exceptions, the 209 remaining state-owned entities are unlikely to be sold.

These men made up the Industrial Commission, which acts as a board of directors for the state-owned entities.

White & Case clients include many of the world's most respected and well-established companies, visionary start-ups, governmental organizations and state-owned entities.

It also won mandates in the privatization of numerous state-owned entities.

The company is the latest former state-owned entity to have problems, losing millions in the last two years.

The petroleum sector in Egypt consists of 6 state-owned entities.

India's downstream sector is also dominated by state-owned entities, though private companies have enlarged their market share in past recent years.