Golden share usages & technique in some countries

In UK
Even after that the United Kingdom, supposedly the first to the nations to embark upon widespread privatization of its electricity industries and the worlds most ambitious and path breaking electricity privatization used the technique of golden share to leverage the governments dominion over the electricity industry in power generation companies.
In Japan
On March 2005, several key policy and political decisions on Postal Reform were to be made in Japan. The postal industry of Japan was to be privatized. Recent press reports suggested the ten-year limit on completing privatization, the stock holding relationship among the Postal Holding Company and the new entities, and a provision for “golden shares” which would have the right to block some major decisions.
In Malaysia
In Malaysia, the golden share was used in the sale of shares in Malaysia Airlines, Telekom Malaysia, Perwaja Steel and many other companies.
In Singapore
Similarly, the Singapore government is currently devising a golden share for ST engineering, the conglomerate to be formed from part of Singapore Technologies.
In China
Even China, the communist country of the world used the concept of golden share to bring about the goods of privatization. China’s top leaders have vowed to reform the country’s hemorrhaging state-owned enterprise sector and fro this purpose they used the golden share idea. The golden share was used so that it may be used to assure those Chinese Communist Party cadres whose parents fought for the 1949 Liberation that the state is not selling the shop.
Usages in India
The government is considering acquiring a Golden Share in public sector banks to allow them more headroom to raise fresh capital from the market. A golden share would allow the government to hold a minimum of 51% stake in a bank even if the actual government stake has fallen below that mark on account of fresh capital being raised. The left parties, an ally in the UPA government, had insisted that the government stake in banks must not fall below 51%. The golden share will help meet this objective.
During the disinvestment of Hindustan Petroleum Corporation Limited, there was no golden share clause as the government could veto any resolution made by the board of directors of the divested entity by virtue of holding one token share in it.
On 7th October’2007, State bank of India chairman O.P.Bhatt had said the government should consider having a 'golden share' to retain control over the public sector banks while allowing them to raise capital through a restructuring plan. The public sector banks could lose out totally to foreign or private banks in meeting the fast increasing capital needs of the corporate world, particularly for the mergers and acquisition, unless the nationalized banks are equipped to augment their capital.