1) The development bank of Singapore Limited (DBS) offers a bill facility to corporate clients. The bank website explains the terms and conditions of Bills of Exchange. Describe the structure of a bank accepted bill/ bank endorsed bill/bill of exchange to Jaleel. In your explanation, clearly distinguish the roles of the parties associated with the bill issue.

2)In June 2020, Singapore Airlines Limited undertook a renounceable rights issue of new ordinary shares in the capital of the company and mandatory convertible bonds to entitled shareholders. Explain renounceable rights issue of ordinary shares and discuss the advantages and disadvantages. Explain to Jaleel what is convertible bonds and why would Singapore Airlines undertake mandatory convertible bonds to entitled shareholders?