in Window Help BAC_305_TMA2 2... X 4 / 8 119% Question 5 On 1 October 2018, Jojo Bhd with 2 other parties, Kenari Bhd and Tiong Bhd, structured a joint arrangement in an incorporated entity, Koko Bhd, with rights to the net assets of the arrangement. Jojo Bhd has 40% of the voting rights in the joint arrangement while Kenari Bhd and Tiong Bhd have 35% and 25% of the voting rights respectively. The contractual arrangement between these three parties specifies that at least 75% of the voting rights are required to make decisions about the relevant activities of the arrangement. Required: (a) Explain whether all the three parties in the joint arrangement would have joint control over Koko Bhd. [5 marks] (b) Briefly explain the two types of joint arrangement in accordance with MFRS11: Joint Arrangement. [3 marks)