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Questions Mr. Y. K. Chan has asked for your professional advice. Please write a report to him discussing the matters he should consider, in particular

 


Share price history The floatation in 1997 the ABC share price had risen from 19.80p per share to 63.5p, with an 11% growth o  

Corporate governance report / annual report includes the statement that: “In the opinion of the board, the company has compli

Your task Mr. Y. K. Chan has sought your advice. He is a qualified accountant, employed as the Finance Director of Dim Sum Lt  

ACCOUNTABILITY AND AUDIT C.1 Financial reporting Principle The board should present a balanced, clear and comprehensible asse 

as a going concern, such uncertainties should be clearly and prominently set out and discussed at length in the Corporate Gov 


Questions
Mr. Y. K. Chan has asked for your professional advice. Please write a report to him discussing the matters he should consider, in particular related to:

Transparency and accountability of the company (300 Words)

Mr. Chan might be interested in some of the following points:
- Compliance with the Listing requirements and filings
- Shareholder reporting /CSR
- Trust between board members

According to a Hong Kong financial information company the balance of shareholdings in ABC at present is: Goldbarb (a company registered in Bermuda) 39.8% Transelec (a company incorporated in Australia) 15.6% Public shareholdings Institutional investor (1) 8.8% Other institutional investors (6) 10.2% Other investors 25.6% 44.6% 100% The investment report states that Goldbarb is the holding company for the founding family's investment in ABC and that Transelec is the Australian joint venture partner. Transelec is the wholly owned subsidiary of a company incorporated in Delaware in the United States and listed on the New York Stock Exchange.

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