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(b) Jane is an executive director of KLMBhd, a prosperous printing company. Last week, Jane was diagnosed with a serious disease which needs surgery and a long stay in hospital. She has applied to KLMBhd for a loan of RM100,000 from the company for her medical expenses. KLMBhd informs you that it would like to help Jane but is unsure as to the legal position.Required:Advise KLMBhd whether it is permitted under theCompaniesAct 1965 to make such a loan to Jane. (5 marks)

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