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A manufacturing company, MMM Ltd is negotiating a contract for the supply of equipment with a number of suppliers. One of the suppliers is EQS

A manufacturing company, MMM Ltd is negotiating a contract for the supply of equipment with a number of suppliers. One of the suppliers is EQS Ltd. One of the directors of MMM is also a substantial shareholder in EQS. The director failed to disclose this information to the other directors.

Advise the director which director duties he may have breached.

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