Stavros, Tina and Myria are equal shareholders in STM Ltd, together holding 60% of the share capital of STM LtD、STM Ltd is a private limited liability company, which adopts Table
A、as its articles of association. Tina decides to transfer her shareholding in STM Ltd to her friend Tom, but Stavros disagrees. Stavros would like STM Ltd to issue shares at a premium, and to use the premium for writing off the company’s preliminary expenses.Required:Advise Stavros. (10 marks)