The holding company in the other country holds the shares. Right now Norway "holds" them. Aka there are database entries somewhere in the US, stating that Norw

The holding company in the other country holds the shares. Right now Norway "holds" them. Aka there are database entries somewhere in the US, stating that Norway "holds" them. And if their shares get frozen, they can't "move" them to the company in the other country. The US just won't update those database entries.