QUESTION TWO (20 MARKS) The following information summarize board of directors of hypothetical company, Hergaupaya berhad. The principal activity of company is an investment holding company. Name Profile of director Tan Sri Lok Cheong Thou Ir. Lim Keong Hui Puan Sri Lok Goh Lin Dato' Dr. R. Gunamaren Chairman, Non Independent Executive/founder, a former engineer. Founder and serving as Managing Director Non-Executive director, non-independent director appointed since Jan 2001, a former engineer Executive director, appointed since Dec 1999, a partner in legal firm and Wife to the Chairman Independent director, appointed since Aug 2015, a retired civil servant and served as chair of audit committee. Independent director Non-executive, a former marketing executive Independent director, Executive director, son to the founder, an undergraduate in Finance Mr. Abdullah Hanipha Mr. Aaron Lok Cheong Wee a) Explain TWO (2) weaknesses of corporate governance mechanism in Hergaupaya Berhad and the possible impact on the firms' objective to increase shareholder wealth. (4 marks)