【分析解答题】

AB

C、WIRELESS Ltd is a private company limited by shares which was registered inAugust 2006 with authorised share capitalCY￡1.000.A&
B、CABLE、Ltd is subsidiary to

AB

C、WIRELESS LtD、Paul, Mary and Tim are the directors of

AB

C、WIRELESS Ltd, and

AB

C、WIRELESS Ltd is the director ofA&
B、CABLE、LtD、In February 2007, when the issued share capital of

AB

C、WIRELESS Ltd wasCY￡800, the directors decided to raise money in order to finance the activities of

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C、WIRELESS LtD、Paul suggested that the company should issue shares at a discount, in order to attract existing shareholders to subscribe for new shares. Mary suggested that

AB

C、WIRELESS Ltd should make a loan from its subsidiary,A&
B、CABLE、Ltd, in which case a fixed charge could be created on the book debts of

AB

C、WIRELESS LtD、Required:Advise Tim as to the feasibility and procedure required to implement each of the suggestions of Paul and Mary respectively. (10 marks)