Chief executive officer of various companies

Assignment Help Finance Basics
Reference no: EM131782121

1. Maico Bhd wishes to appoint Paul, Bakri and NyinYe as directors of its wholly-owned subsidiary, Subco Sdn Bhd.

(a) Paul, aged 75 years, has vast experience as the chief executive officer of various companies.

(b) Bakri was convicted of theft five years ago and sentenced to imprisonment for five years. He has just been released from prison. He has previous experience managing large companies. He has also assured Maico Bhd that he is a reformed character and that he would prove to be an asset to Subco Sdn Bhd.

(c) NyinYe, a Chinese national aged 23 years, is a well-known software engineer.

Advise Maico Bhd whether there would be any legal obstacles under the Companies Act 2016 to the proposed appointment of Paun, Bakri and NyinYe as directors of Subco Sdn Bhd, and how such obstacles may be overcome.

Reference no: EM131782121

Questions Cloud

Identify the subject that you propose to research : Describe three insights you have gained from the interview videos that you have applied and could continue to apply to your working on your Final Project.
Calculate the micro cantilever length : A constant rectangular cross-section micro cantilever needs to be designed to sense an input base acceleration of 100g (g is the gravitational acceleration.
Partnership business which supplies office furniture : Nila Furniture & Co ('Nila') is a partnership business which supplies office furniture. Recently, Suria Bhd ('Suria') entered into a contract with Nila
Calculate the damping coefficient : The micro bridge of Figure operates as a sensor for the sinusoidal input rotary displacement of its base. To be effective for this purpose.
Chief executive officer of various companies : 1. Maico Bhd wishes to appoint Paul, Bakri and NyinYe as directors of its wholly-owned subsidiary, Subco Sdn Bhd.
Prepare appropriate journal entry to record june purchases : Required: Prepare the appropriate journal entry to record the June purchases of shares under the employee share purchase plan
Discuss the background of the organisation under investigati : Briefly discuss the background of the organisation under investigation and analyse the situation or risk that needs to be resolved
Bella and chan are the directors of abc bhd : Atan, Bella and Chan are the directors of ABC Bhd, a company which supplies stationery to schools and universities. Atan is the managing director of the company
Person-centered planning in services : Research and discuss the origins of Person-Centered Planning in services for people with disabilities.

Reviews

Write a Review

Finance Basics Questions & Answers

  Standard deviation of the stock returns

Alpha Industries stock had returns of 17 percent, -11 percent, 9 percent, and 2 percent for four of the last five years, respectively. The average return of the stock over this period was 8.7 percent. What is the standard deviation of the stock's ..

  What will be the estimation of his reserve funds toward

krishna spares Rs 24000 a year for a long time, and Rs.30,000 a year for a long time from that point. On the off chance that the rate of hobby is 9 percent intensified yearly, what will be the estimation of his reserve funds toward the end of 20 year..

  Foreign direct investment opportunities

Demonstrate your ability to provide reasoning for your response to discussion questions - demonstrate your ability to provide reasoning for your response to discussion questions.

  How will you conduct more research

How will you conduct more research? What do you need to know to make a recommendation? What is the purpose of your report?

  I interest is compounded continuously at a nominal rate

income from a project is expected to decline at a constant rate from an initial value of 500000 at time 0 to a final

  Define institutions-trade liberalization

Define institutions in the context of business strategy and explain the role of institutions when considering entering a foreign market.  Provide at least one example of a country where weak institutions may serve as a barrier to entry for a U.S. ..

  What does the bank balance sheet look like

Newhart Financial starts its first day of operation with $10 million capital, and receives checking deposits worth of $200 million.

  What is the crossover rate and what is its significance

What is the crossover rate, and what is its significance? If each project's cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice?

  What is the accounting break-even

What is the accounting break-even? What is the NPV break-even given a 35% corporate tax rate and with an opportunity cost of capital at 12%?

  Evaluate your organizationrsquos financial performance

evaluate your organizationrsquos financial performance during the past 2 years using financial ratios. calculate the

  What is the u.s. dollar profit on the sale

Now assume that Citrus Products begins producing the same liter of orange juice in Japan. The product costs 250 yen to produce and ship to Australia, where it can be sold for 6 Australian dollars. What is the U.S. dollar profit on the sale?

  Orient airlines common stock currently sells for 33 and

orient airlines common stock currently sells for 33 and its eight percent convertible debentures issued at par or 1000

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd