【分析解答题】

(a)AB

C、SdnBhd wishes to appoint the following persons as directors:(i) Jessie, a retired professor of corporate governance at the University ofCorporate Values, in SouthAfric
A、She is a citizen of SouthAfrica and currently resides there. (3 marks)(ii) Joe, a Malaysian, who had been declared bankrupt by the HighCourt six years ago. He has a reputation for being an excellent corporate manager and has a track record of reviving and transforming ailing companies into very profitable ones. (3 marks)Required:AdviseAB
C、SdnBhd whether there would be any legal obstacles to the appointment of Jessie and Joe as directors ofAB
C、SdnBhD、Note: The mark allocation is shown against each part.(b) XYZ SdnBhd (XYZ) recently entered into a contract with LMNBuildingContractors SdnBhd (LMN). This was for the building by LMN of a factory for XYZ.The decision to award the contract to LMN was made three weeks ago at a meeting of the full board of directors of XYZ.One of the directors of XYZ,Ben, is also a substantial shareholder of LMN.Ben did not disclose this fact to XYZ, or its boarD、
A、further fact was that althoughBen was present at the board meeting at which the decision to award the contract to LMN was made, he remained silent throughout the meeting and did not vote on the matter.Yesterday XYZ discoveredBen’s shareholding in LMN and seeks your advice as to whether it may avoid the contract with LMN.Required:Advise XYZ. (4 marks)