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Nano Berhad recorded total investments of RM12 million in its book. Out of total investments of RM12million, RM5 million was classified as investment held-fortrading. Explain

Nano Berhad recorded total investments of RM12 million in its book. Out of total investments of RM12million, RM5 million was classified as investment held-fortrading.

Explain how to classify the investment of Nano Berhad as held for trading. (8 marks)

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