In her capacity as general director of JKLCompany, a shareholding company, Lan attended a meeting with PQRCompany, a client organisation, to discuss future business.During the meeting, Lan was informed of a business opportunity that would arise in the near future.Despite knowing that her company would benefit from this opportunity, Lan informed the client that JKLCompany would be unable to deal with the contract due to lack of production capacity.Subsequent to the meeting, Lan informed the board of management of JKLCompany of her intention to resign. Once she had left the company, she formed a new company and made a successful bid to secure the contract with PQRCompany that she had earlier rejected on behalf of her former employer.Required:Advise the board of management of JKLCompany on the action it could take against Lan. (10 marks)