can somebody please help me with this assignment? and it's due on April 23th,2020

18 CGV B897 Carporate Administration and Secretaryship Assignment 3 (due date revised) Due date: 23 April 2020 Length: not more than 4,000 words Important note You must use word processing software (such as Microsoft Word) to prepare assignments and submit them via the Online Learning Environment (OLE). Al assignments must be uploaded to the OLE by the due date Failure to upload an assignment to the OLE in the required format may result in the score for the assignment being adjusted to zero According to the University's policy, no extension of the due date will be allowed for the final assignment. This policy will be strictly enforced. Any late submission of the final assignment will result in the score for the assignment being adjusted to zero (If your assignment exceeds the word limit, tutors are given the discretion to deduct marks for exceeding the word limit or disregard the content after the word limit is reached.) Question 1 (50 marks) Star Holdings Limited (the "Company") is a very successful private limited company incorporated in Macau which operates casino games of chance and resorts. The Company was established three years ago by Mr Chan, Mr Cheung and Mr Wong, and they have been the executive directors of the Company since its incorporation. The issued share capital of the Company amounted to HK$100 million which is divided into 100 million shares. Mr Chan, Mr Cheung and Mr Wong hold 20%, 20% and 60% of the shares respectively. Mr Chan and Mr Cheung are thinking of listing the Company on the Main Board of the Hong Kong Stock Exchange. They are planning to issue 50 million new shares at a price of HK$4 each. However, Mr Wong is not in favour of the suggestion as he is concerned about the extra responsibilities of the directors and the disclosure requirements for the Company, So, with the agreement of Mr Chan and Mr Cheung, he sells 90% of his shares to Mr Ho. Mr Wong also resigns as a director and Mr Ho fills the vacancy. The net profit of the Company for last year was HK$19 million and for the second and third years were HKSI8 million and HKS17 million respectively. The revenue for last year and cash flow in aggregate for the last three years were HK$500 million and HK$80 million respectively Mr Chan intends to appoint his son, who has just graduated from the Open University of Hong Kong with a first class honours degree in Corporate Administration, as the company secretary of the Company Assignment de 19 a Advise Mr Chan, Mr Cheung and Mr Ho in what ways the Company is qualified or not qualified for listing on the Main Board of the Hong Kong Stock Exchange as far as the information given is concerned. (30 marks) b Critically discuss the advantages and disadvantages of going public b Critically discuss the advantages and disadvantages of going public'. (20 marks) Question 2 (50 marks) A Limited is a company incorporated in the People's Republic of China with limited liability and is listed on the Main Board of the Hong Kong Stock Exchange with a market capitalization of HK$60 billion. A Limited and its subsidiaries are engaged in container transportation and related services. B Limited is a large shipping conglomerate that operates across different regions, sectors and countries. B Limited is a shareholder of A Limited, holding 30% of A Limited's voting shares. B Limited intends to enter into a Master Purchase Agreement with A Limited for the provision of materials, fuel and related services by A Limited and its subsidiaries. The initial term of the Master Purchase Agreement is three years, with effect from 1 April 2020. Upon the expiry of such an initial term, the Master Purchase Agreement shall automatically extend for further terms of three years, unless any relevant party gives to the other party a written notice of termination at least three months prior to such an expiry date. Under the Master Purchase Agreement, the materials, fuel and related services are provided in accordance with the relevant market price and on the principle of faimess and reasonableness. The Board of A Limited expects that with economies of scale and enhanced bargaining power through centralized procurement, and the ability to seize the market trend and opportunities through professional operations - A Limited will be able to reduce its procurement cost, ensure quality and enhance operational efficiency. Moreover, the proposed agreement can help A Limited to foster a close long-term relationship with B Limited. By leveraging these advantages, the Company will be able to attain a better development. Based on the Board of A Limited's estimate the annual caps for each of the three years ending 31 March 2021, 2022 and 2023 for the transactions under the Master Purchase Agreement will be HKS2 billion, HK$4 billion and HK$5 billion respectively. The proposed annual caps have been determined based on the actual amounts paid by B Limited for fuel purchase in the overseas market in the last three financial years and the expected growth in fuel purchase amounts resulting from the increase in shipping capacity for the next three financial years. The materials, fuel and related services under the Master Purchase Agreement are necessary for the day-to-day production and operation in shipping transportation. 20 CGV 8897 Corporate Administration and Secretaryship The following are extracts from the latest financial statements of A Limited: Total assets Profits before tax and non-controlling interests Revenue HKS 100 billion HKS 4 billion HKS 50 billion a Based on the information given in the question, explain with supporting figures what disclosures, notifications and/or approvals A Limited needs to make or obtain under Chapter 14A of the Main Board Listing Rules. (30 marks) b Draft an announcement on the transaction for A Limited. You may have to make assumptions where the necessary information is not provided in the question. You may neglect the definitions of terms and list of directors when drafting the announcement. (20 marks) 18 CGV B897 Carporate Administration and Secretaryship Assignment 3 (due date revised) Due date: 23 April 2020 Length: not more than 4,000 words Important note You must use word processing software (such as Microsoft Word) to prepare assignments and submit them via the Online Learning Environment (OLE). Al assignments must be uploaded to the OLE by the due date Failure to upload an assignment to the OLE in the required format may result in the score for the assignment being adjusted to zero According to the University's policy, no extension of the due date will be allowed for the final assignment. This policy will be strictly enforced. Any late submission of the final assignment will result in the score for the assignment being adjusted to zero (If your assignment exceeds the word limit, tutors are given the discretion to deduct marks for exceeding the word limit or disregard the content after the word limit is reached.) Question 1 (50 marks) Star Holdings Limited (the "Company") is a very successful private limited company incorporated in Macau which operates casino games of chance and resorts. The Company was established three years ago by Mr Chan, Mr Cheung and Mr Wong, and they have been the executive directors of the Company since its incorporation. The issued share capital of the Company amounted to HK$100 million which is divided into 100 million shares. Mr Chan, Mr Cheung and Mr Wong hold 20%, 20% and 60% of the shares respectively. Mr Chan and Mr Cheung are thinking of listing the Company on the Main Board of the Hong Kong Stock Exchange. They are planning to issue 50 million new shares at a price of HK$4 each. However, Mr Wong is not in favour of the suggestion as he is concerned about the extra responsibilities of the directors and the disclosure requirements for the Company, So, with the agreement of Mr Chan and Mr Cheung, he sells 90% of his shares to Mr Ho. Mr Wong also resigns as a director and Mr Ho fills the vacancy. The net profit of the Company for last year was HK$19 million and for the second and third years were HKSI8 million and HKS17 million respectively. The revenue for last year and cash flow in aggregate for the last three years were HK$500 million and HK$80 million respectively Mr Chan intends to appoint his son, who has just graduated from the Open University of Hong Kong with a first class honours degree in Corporate Administration, as the company secretary of the Company Assignment de 19 a Advise Mr Chan, Mr Cheung and Mr Ho in what ways the Company is qualified or not qualified for listing on the Main Board of the Hong Kong Stock Exchange as far as the information given is concerned. (30 marks) b Critically discuss the advantages and disadvantages of going public b Critically discuss the advantages and disadvantages of going public'. (20 marks) Question 2 (50 marks) A Limited is a company incorporated in the People's Republic of China with limited liability and is listed on the Main Board of the Hong Kong Stock Exchange with a market capitalization of HK$60 billion. A Limited and its subsidiaries are engaged in container transportation and related services. B Limited is a large shipping conglomerate that operates across different regions, sectors and countries. B Limited is a shareholder of A Limited, holding 30% of A Limited's voting shares. B Limited intends to enter into a Master Purchase Agreement with A Limited for the provision of materials, fuel and related services by A Limited and its subsidiaries. The initial term of the Master Purchase Agreement is three years, with effect from 1 April 2020. Upon the expiry of such an initial term, the Master Purchase Agreement shall automatically extend for further terms of three years, unless any relevant party gives to the other party a written notice of termination at least three months prior to such an expiry date. Under the Master Purchase Agreement, the materials, fuel and related services are provided in accordance with the relevant market price and on the principle of faimess and reasonableness. The Board of A Limited expects that with economies of scale and enhanced bargaining power through centralized procurement, and the ability to seize the market trend and opportunities through professional operations - A Limited will be able to reduce its procurement cost, ensure quality and enhance operational efficiency. Moreover, the proposed agreement can help A Limited to foster a close long-term relationship with B Limited. By leveraging these advantages, the Company will be able to attain a better development. Based on the Board of A Limited's estimate the annual caps for each of the three years ending 31 March 2021, 2022 and 2023 for the transactions under the Master Purchase Agreement will be HKS2 billion, HK$4 billion and HK$5 billion respectively. The proposed annual caps have been determined based on the actual amounts paid by B Limited for fuel purchase in the overseas market in the last three financial years and the expected growth in fuel purchase amounts resulting from the increase in shipping capacity for the next three financial years. The materials, fuel and related services under the Master Purchase Agreement are necessary for the day-to-day production and operation in shipping transportation. 20 CGV 8897 Corporate Administration and Secretaryship The following are extracts from the latest financial statements of A Limited: Total assets Profits before tax and non-controlling interests Revenue HKS 100 billion HKS 4 billion HKS 50 billion a Based on the information given in the question, explain with supporting figures what disclosures, notifications and/or approvals A Limited needs to make or obtain under Chapter 14A of the Main Board Listing Rules. (30 marks) b Draft an announcement on the transaction for A Limited. You may have to make assumptions where the necessary information is not provided in the question. You may neglect the definitions of terms and list of directors when drafting the announcement. (20 marks)