Ann Taylor Berhad took a big leap towards becoming stockholder friendly after it has agreed to call a 4 to 1 stock split. This move will cut off the current stock prices. At present, the stocks are traded for RM 40. Below is the partial balance sheet of Ann Taylor Berhad:

Partial Equity Account for Ann Taylor Berhad (RM)

Common Stock @ RM2 600,000,000

Premium 200,000,000

Retained Earnings 300,000,000

Total Equity 1,100,000,000

1. How many number of shares after the stock split?

2. How much is the new par value after the stock split?