Legal mortgage of mr tan share holdings

Assignment Help Business Management
Reference no: EM133168839

Mr Tan is the major shareholder and holds 78% of Logistics Sdn Bhd, a private limited company with wide business interests. Mr Tan decided to expand his business to Indonesia as the market is huge. He sought financing from WXY Bank and basing on Logistics Sdn Bhd's strong financials, WXY Bank approved a term loan of RM2 million to the Company against legal mortgage of Mr Tan's share holdings of 78% in the Company's equity capital.

(a) Explain briefly the weakness of accepting Mr Tan's shares in Logistics Sdn Bhd.as collateral for the loan.

(b) If you are the security documentation Officer attending to this case, explain the precautions you would take to ensure this legal mortgage is perfected?

Reference no: EM133168839

Questions Cloud

What options did bp have : BEL claims had already been provided for as part of the $7.8 billion liability as of 4th quarter 2011, What options did BP have
Prepare the service revenue budget : Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours
Thesis statement revolving around ethnocentrism : Case 1. After the lockdown, Michelle invited Donna out for dinner. While they were eating, Michelle saw an Indonesian family arriving at the restaurant.
What type of audit opinion would you issue : If the new bond issue is not adjusted or disclosed by the client in the financial statements, what type of audit opinion would you issue. Explain your answer
Legal mortgage of mr tan share holdings : Mr Tan is the major shareholder and holds 78% of Logistics Sdn Bhd, a private limited company with wide business interests. Mr Tan decided to expand his busines
What amount would be included on the nunavut payroll tax : If Gioia normally works in British Columbia and earned $60,000.00, What amount would be included on the Nunavut Payroll Tax
Reading the speech beyond vietnam : After reading the speech Beyond Vietnam a time to break the silence by martin Luther king Jr. consider how martin Luther king uses the speech and answer the fol
Why did william buy futures for diesel : William Hughes is an owner of one of the cargo trucking companies in the United Kingdom called Tryciau Nerthol Ltd. One day, William watches breaking news on TV
Create a new build : Current current tree level, and a new one to create a new Build. The new branch should appear with a new character name

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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