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Giles was just appointed as the Managing Director of Merchantz Bhd. He needed to participate in an international conference in Italy as part of his

Giles was just appointed as the Managing Director of Merchantz Bhd. He needed to participate in an international conference in Italy as part of his work and would like to obtain a loan of RM10,000 to cover his travel expenses. Advise Giles whether he would be able to obtain a loan from Merchantz Bhd. for the conference under Companies Act 2016. (6 marks)

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