1. The board of a public listed company has recently entered into a transaction with another company...
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Question:
1. The board of a public listed company has recently entered into a transaction with another company resulting in a significant change in its business direction and policy. Explain to the Board the need to comply with the requirement under the Bursa Malaysia Listing Requirement.
2. Despite the close relationship to one of the major shareholders of a listed issuer, a managing director has been proposed by the board to be an independent director of the listed issuer. Explain to the board in regard to the eligibility of him acting as an independent director.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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