Explain any two (2) differences between a private company and a public company. You

do not have to discuss any statutory provision.

b.

Rokiah was a successful entrepreneur in the fast-food industry. She had established

ReadyWraps Sdn. Bhd. (ReadyWraps) where she and her husband were the directors of

the company. 85% of the company's shares were owned by Rokiah, 10% by her husband

and the rest, by her children as nominees only. Recently, Rokiah and her husband were

involved in a road accident and died. Rokiah's children seek advice from you on the

position of ReadyWraps after the death of their parents. Support your answer with one

(1) statutory provision and one (1) case authority relating to company law.