(a) In July 2020, the management team of Barakat Travel and Tours Berhad, a company in holiday travel industry has made a discussion with Kantan Berhad, a food and beverages company about a possible merger. The following information is relevant. Earnings Per Share (EPS) P/E ratio Share outstanding Barakat RM1.50 10 times 420,000 Kantan RM055 20 times 120,000 Neither company has debt. Barakat Travel has made an offer to purchase at RM2 per share. Required: i. Determine the types of merger involve between Barakat Travel and Kantan Berhad. Justify your answer. (4 marks) ii. Explain the possible benefits that will be obtained by Barakat if they continue with their plan. (4 marks) ili. Number of shares to be exchange for the merger. (3 marks) IV. Share price of the merged firm