Candy Sdn. Bhd. ("the company") is a private limited company by shares. Mimi and Sarah are who are both the first shareholders of the company had appointed Joey as Director of the company. In recent years, business in Candy Sdn. Bhd. has been flourishing and Mark a business owner had approached Joey expressing his interest to invest into the company in return for shares. As such, Joey intends to issue shares to Mark that are proportionate to Mimi and Sarah's shareholdings in the company. Joey believes that the additional investment by Mark would further support the expansion of Candy Sdn. Bhd.'s business.

With reference to the facts above and the rules in regard to share capital, answer the following questions:

1. Advise Joey on his powers as directorto allot shares to Mark with reference to the provisions in the Companies Act 2016.

(15 marks)

2. With reference to the Companies Act 2016, advice Mark on his rights as a shareholder in the company if he were to be allotted with shares in Candy Sdn. Bhd.

(5 marks)