QUESTION $1$

Aquaducts Bhd$.$ is a company carrying on a business of supplying steel water pipes $("$AQB$").$ The issued capital of AQB is $RM10Q,00$ divided into $100,000$ ordinary shares of RM$1\mathrm{.}00$ each. The shareholding structure of AQB is as follows:

$\backslash$table$[[$Name of Member,Shareholding$],[$Cavern Pipe Bhd$.,40\%$