[简答题]
An offi ce building owner (Owner) entered into a fi ve-year leasing contract in 2007 with IT Company. Under the leasing contract the annual rental of RMB 240,000 yuan should be paid within the fi rst month of each calendar year. In the middle of September 2008 these two companies concluded a sales contract, by which IT Company provided Owner some IT equipment for RMB 200,000 yuan. Payment would be by a 20% deposit (RMB 40,000 yuan) to be made after the conclusion of the contract, and the remaining RMB 160,000 yuan to be made in three months after the delivery of the equipment. After the conclusion of the sales contract, Owner paid RMB 40,000 yuan as deposit and received the equipment provided by the IT Company. In February 2009, due to the fi nancial crisis, IT Company suffered a huge loss and was declared bankrupt by a competent court under the application of its creditors. Therefore, it declined to pay the rental for 2009. The court designated a bankruptcy administrator to deal

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An offi ce building owner (Owner) entered into a fi ve-year leasing contract in 2007 with IT Company. Under the leasing contract the annual rental of RMB 240,000 yuan should be paid within the fi rst month of each calendar year. In the middle of September 2008 these two companies concluded a sales contract, by which IT Company provided Owner some IT equipment for RMB 200,000 yuan. Payment would be by a 20% deposit (RMB 40,000 yuan) to be made after the conclusion of the contract, and the remaining RMB 160,000 yuan to be made in three months after the delivery of the equipment. After the conclusion of the sales contract, Owner paid RMB 40,000 yuan as deposit and received the equipment provided by the IT Company. In February 2009, due to the fi nancial crisis, IT Company suffered a huge loss and was declared bankrupt by a competent court under the application of its creditors. Therefore, it declined to pay the rental for 2009. The court designated a bankruptcy administrator to deal

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[简答题]Nalab Bhd, whose registered offi ce is in Kuala Lumpur, held its latest annual general meeting (AGM) on 15 October 2009. The meeting was held at the Discount Hotel in Johore Bahru. The notice calling for the meeting was sent out by the company on 1 October 2009. At the meeting a resolution was passed to appoint Abu, who is 73 years old, as a director of the company. This resolution was passed by an 80% majority. Required: Advise Ahmad, a member of Nalab Bhd, who seeks your advice on the following: (a) whether the validity of the AGM can be challenged on the ground that it was not held in Kuala Lumpur; (3 marks)

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[简答题]Doc, a supplier of building materials, entered into the following transactions: (a) An agreement to sell some goods to a longstanding friend, Ed. The contractual document, however, actually stated that the contract was made with Ed’s company, Ed Ltd. Although the materials were delivered, they have not been paid for and Doc has learned that Ed Ltd has just gone into insolvent liquidation. (4 marks) (b) Doc had employed a salesman, Fitt, whose contract of employment contained a clause preventing him, Fitt, from approaching any of Doc’s clients for a period of two years after he had left Doc’s employment. Doc has found out that, on stopping working for him, Fitt has started working for a company, Gen Ltd, wholly owned by Fitt and his wife, and is approaching contacts he had made while working for Doc. (6 marks) Required: In the context of company law, advise Doc as to the legality and likely outcome of the above situations. Notes: – in (b) the legality of the restraint of trade cla

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[简答题]Explain how directors, company offi cers and other persons may be liable for insider trading offences under the Securities and Futures Act (Cap 289). (10 marks)

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The Xinhua bookstore chain, China’s largest official publishing enterprise, has become a surprising flash point for interest among foreign venture capital investors.
"We are actively promoting the process of shareholding reform. Everyday, we receive lots of offers from domestic and foreign investors interested in getting involved and may pick one or two to do so in the next two to three months," Zhang Yashan, the leading cadre of the head store’s office said.
According to a company insider who requested anonymity, several securities firms are overseeing Xinhua bookstore’s reform and the company could list on the domestic stock market once reforms are reported to the government in May and then completed.
The source would not reveal the specific names of the firms involved or details of the reform.
"We will stipulate that we must remain the m
A. Largest.
B. Official.
C. Private.
D. Prosperous.

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