Client File Extract 1 Mr Andy Lee Mr Lee is a single 50 year old public servant who wishes to invest his savings of $100,000 by building up a 'blue chip' share portfolio in relatively safe, well known and respected companies Mr Lee was a keen observer of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in 2019 and has strong views about corporate ethics and the remuneration of directors Mr Lee wants to exercise his vote as a shareholder to ensure that company directors are not being overpaid He is also keen to ensure there is proper corporate governance and the directors are managing the company efficiently and ethically Mr Lee is unsure whether he should buy shares in a public company or a proprietary company He is also unclear about what class of share or shares would best suit his particular investment interests Should Mr Lee purchase shares in a public company or a proprietary company Explain why, using your own words (10marks) What class, or classes of shares do you think would be most suitable for our client Mr Lee Explain why, using your own words (10 marks) Please support your answers to both questions with relevant sections of the Corporations Act 2001 and or case law Total 20 Marks Client File Extract 2 Hospital Waste Ltd Hospital Waste Ltd is a successful surgical waste management company The three directors are Elon Tusk, Sandy Tong and Liang Lu Hospital Waste Ltd has won a major contract to collect surgical waste from fifteen hospitals across Melbourne and regional Victoria To fulfil this contract, Hospital Waste Ltd needs to raise $8 million to enable it to upgrade the safety of its hazardous waste collection systems Using your own words, advise the directors how Hospital Waste Ltd should raise the $8 million ( 10 Marks) In your opinion, will a disclosure document be necessary Why or why not ( 10 Marks) Please support your answer with relevant sections of the Corporations Act 2001 and or relevant case law Total 20 Marks

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Client File Extract 1. Mr. Andy Lee Mr. Lee is a single 50-year-old public servant who wishes to invest his savings of $100,000 by building

Client File Extract 1. Mr. Andy Lee

Mr. Lee is a single 50-year-old public servant who wishes to invest his savings of $100,000 by building up a 'blue-chip' share portfolio in relatively safe, well known and respected companies.

Mr. Lee was a keen observer of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry in 2019 and has strong views about corporate ethics and the remuneration of directors.

Mr Lee wants to exercise his vote as a shareholder to ensure that company directors are not being overpaid. He is also keen to ensure there is proper corporate governance and the directors are managing the company efficiently and ethically.

Mr Lee is unsure whether he should buy shares in a public company or a proprietary company. He is also unclear about what class of share or shares would best suit his particular investment interests.

Should Mr. Lee purchase shares in a public company or a proprietary company? Explain why, using your own words. (10marks)
What class, or classes of shares do you think would be most suitable for our client Mr. Lee? Explain why, using your own words.(10 marks)

Please support your answers to both questions with relevant sections of the Corporations Act 2001 and/or case law. Total 20 Marks

Client File Extract 2: Hospital Waste Ltd

Hospital Waste Ltd is a successful surgical waste management company.

The three directors are Elon Tusk, Sandy Tong and Liang Lu.

Hospital Waste Ltd has won a major contract to collect surgical waste from fifteen hospitals across Melbourne and regional Victoria.

To fulfil this contract, Hospital Waste Ltd needs to raise $8 million to enable it to upgrade the safety of its hazardous waste collection systems.

Using your own words, advise the directors how Hospital Waste Ltd should raise the $8 million.(10 Marks)
In your opinion, will a disclosure document be necessary? Why or why not?(10 Marks)

Please support your answer with relevant sections of the Corporations Act 2001 and/or relevant case law. Total 20 Marks