A.Mr. Hafiy is a director of MoHa Sdn. Bhd., a private limited company incorporated in Malaysia on 1 November 2019. The company started its business on 1 January 2020 and it had fixed its first financial year end at 31 December 2020. Mr. Hafiy has been informed by his company secretary about the new filing requirement set by the Companies Commission of Malaysia (SSM). Under this new requirement, certain documents of the company need to be filed using online platform known as The Malaysian Business Reporting System (MBRS). Related to this, Mr. Hafiy requested you to gather all information related to the implementation of MBRS in the company. In addition, since Mr. Hafiy is not an IT-savvy person, he has specifically requested you to write and arrange the information in such a way that suitable for non-technical person.

REQUIRED:

Search information related to MBRS implementation and prepare a report to Mr. Hafiy. The report must include the following information:

Background of MBRS

Advantages of MBRS

SSM's MBRS requirements

Benefits of MBRS to stakeholders

Other relevant information

(25 Marks)