Question 1

Shares in Malaysian dairy producer Farm Fresh Berhad opened 26% higher than the offer price at its market debut on Tuesday, in the country's largest listing since July last year. Shares in the company, which raised 1 billion ringgit in its initial public offering, rose as high as 34% in the first few minutes of trading. (March 26, 2022 The Star Online)

Based on the above report:

a. What type of share issued for the instruments stated in the report? (2.5 Marks)

b. Determine the specific market for this type of investment? (2.5 Marks)

c. The Malaysians financial market has been seen as a strong growth with the issuance of financial market instruments. Suggest one (1) financial instrument that is available in the financial market? (10 Marks)

Question 2

i) Hisyam is a Dealer at Kenanga Investment Bank Berhad. As a Dealers Representative, he needs to carry out clients instruction with proper skills, care and diligence and give priority to execution of order given by the clients in the sequence in which they are received. If each stock bought and sold will be charged a commission of 0.75% and 1 lot of shares is equal to 100 unit, calculate:

a. A client has bought shares based on the recommendation of a Dealer. How much the commission received by Hisyam if the client bought 860,000 unit of Ekovest at RM2.25? (5 Marks)

b. If Ali bought 100 lot of Freight Bhd at RM1.720 per share, how much he has to

pay? (5 Marks)

ANSWER ASAP