RoogiBhd was incorporated in 1999. The company has suffered revenue losses exceeding RM10 million over the last three years. However, its subsidiary, KayaBhd, has made substantial profi ts last year. KayaBhd has not distributed these profi ts as dividends to its own members.Cermat, the managing director of RoogiBhd, seeks your advice on the following matters:(a) whether RoogiBhd can pay a cash dividend to its members by utilising funds available in its share premium account; (3 marks)(b) whether RoogiBhd can utilise the profi ts of its subsidiary, KayaBhd, to pay dividends to its (RoogiBhd’s) members; (2 marks)(c) whether, in the event it makes revenue profi ts next year, it may utilise those profi ts to pay dividends for that year without offsetting the revenue losses for the previous years; (2 marks)(d) the legal position under theCompaniesAct 1965, if it is discovered that RoogiBhd has paid a cash dividend out of capital. (3 marks)Required:AdviseCermat.Note: The mark allocation is shown against each part of the question. (10 marks)