Question: Please answer a question below QUESTION 2 Fashionista Sdn Bhd? (Company) was incorporated in 2018. The constitution of the Company contains a provision regarding the
Please answer a question below


QUESTION 2 Fashionista Sdn Bhd? ("Company\") was incorporated in 2018. The constitution of the Company contains a provision regarding the object of the Company as follows: \"To carry out the business of apparel retailing\" In early 2020, due to the outbreak of COVID 19, the Company faced a slump in the apparel retail business. The Company decided to venture into the fast food business. For this purpose, the Company entered into a sale and purchase contract with Arte Building Bhd to purchase a shop lot in Jelatang. The payment has been completed and the ownership has been transferredThe Company subsequently made an order for purchase of kitchen equipment worth RM50,DDO from Kit Equipment Sdn Bhd. To date,.Kit Equipment Sdn Bhd has not received payment from the Company. Aminah, who is a member of the Company is upset with the above situation and wishes to challenge the validity of the above business transactions. (20 Marks) QUESTION 3 Zarif, Zarul, Hakim and Haikal were the directors of Megah Holding Sdn- Bhd. In March 2020, Hakim and Haikal entered into a transaction to sell the company's land in Batu Kawan for RM500,000 despite its actual value of RM1 million. The land was purchased by Haikal's brother. However, the information regarding this transaction was not disclosed to the company. Hakim and Haikal have also made a bad investment by purchasing a land located near a landfill in Butterworth for RM1 million. The decision was made without seeking the advice from Zarif and Zarul, and advice from the professionals was also not obtained. With reference to the Companies Act and decided cases, discuss the liabilities of the directors involved. (20 marks)
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