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发布时间:2024-02-05 18:55:58

[简答题]Roogi Bhd was incorporated in 1999. The company has suffered revenue losses exceeding RM10 million over the last three years. However, its subsidiary, Kaya Bhd, has made substantial profi ts last year. Kaya Bhd has not distributed these profi ts as dividends to its own members. Cermat, the managing director of Roogi Bhd, seeks your advice on the following matters: (a) whether Roogi Bhd can pay a cash dividend to its members by utilising funds available in its share premium account; (3 marks) (b) whether Roogi Bhd can utilise the profi ts of its subsidiary, Kaya Bhd, to pay dividends to its (Roogi Bhd’s) members; (2 marks) (c) whether, in the event it makes revenue profi ts next year, it may utilise those profi ts to pay dividends for that year without offsetting the revenue losses for the previous years; (2 marks) (d) the legal position under the Companies Act 1965, if it is discovered that Roogi Bhd has paid a cash dividend out of capital. (3 marks) Required: Advise

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[填空题]
Dear Sirs,
Your company, Euro Cotton import, has been introduced to us by Smith & Co., London, as a large buyer of Chinese cotton products. These articles come within the scope of our business activities, and we shall be pleased to enter into business relations with you.
To give you a general idea of the various types that are at present available for export by us, we enclose a specification list and shall be glad to send you samples and quotations upon receipt of your specific enquiry.
Our terms of payment are by a draft at sight under L/C. All the products exported by us are of fine quality and at low price.
We look forward to your early reply.
Yours faithfully,
Jack Lee, sales manager
What is Jack Lee’s purpose to write this letter He wants to ______ business relations with Euro Cotton Import.

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