DKR Ltd is a holding company with investments in Russi
A、The memorandum of association ofDKR Ltd provides that the company may only invest in Russi A、Dan is the sole director ofDKR Ltd and has signed an agreement on behalf ofDKR Ltd for the purchase of immoveable property in Ukraine.Dan further contemplates entering into future investments on behalf ofDKR Ltd in otherEuropean countries.Required:AdviseDan as to the legal effect of his action and the consequences for his proposed future investments. (10 marks)