CJA Ltd is resident company engaged in Real Estates Business. As part of efforts to diversify its operations, it plans to acquire interest in Don-Bill Ltd, another resident company. At the last AGM held on 4th March, 2019, some shareholders were of the view that CJA should acquire 15% of the shares in Don-Bill. The Managing Director of CJA was of the view that the Company should rather invest and acquire 25% shares to give it enormous influence in Don-Bill Ltd. Your firm has been identified to give professional advice on the two proposals to help in decision making. Required What is the tax implication on the two proposals and which proposal will you advise CJA Ltd to adopt to leverage on the tax benefits?