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As the senior management team of the company, you are required to revise the budget for 2020 to take into account the impact of recession

As the senior management team of the company, you are required to revise the budget for 2020 to take into account the impact of recession and COVID 19 on the company. The following are the details that you have to take into account:

  1. The current share price is at RM 1.08. The board is targeting to increase the Market capitalisation at RM 3,000,000,000 2021.
  2. Price Earning ratio is expected to remain the same in 2020 dan 2021.
  3. The number of shares outstanding 1,404,000,000 shares.

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