1. By virtue of Section 196 of the Companies Act 2016, every company must have at least 2 directors and 1 company secretary for a public company. Explain the appointment and position of a director under the Companies Act 2016.

2.Discuss FOUR (4) Business Entities which is available in Malaysia.

3.Toby registered a private company, Four Star Sdn Bhd, in 2010 to manufacture and export solar panel. In January 2017, he decided to expand his business and open factories in Penang and Selangor to increase the production and meet the increasing demand. However, he had difficulties finding capital for his new factories and raw materials which amounted to 50 million. On the advice of his friend, Toby decided to offer his company shares to the public. Based on the above facts:

a. Define the meaning of "private company".

b. Compare and contrast between a public and private company. c. Explain briefly the advantages of having a public company.

4. Write briefly the procedures in the formation of a company.