tamford Bhd has in issue 10 million fully paid ordinary shares ordinary shares which are 50%,pi and RM5 million fully (aa75 convertible cumulative preterence shares. Preference shares ar into ordinary shares at a rate of 5:4, meaning ive preference shares become four ordinary shares. e convertible On 1 January x7, the company issued employee shareloptionsof l shares. The exercise price was RM3 per share. 10 On 1 April xB8, the umpaid captal on the 4 million shares was called up and was fully paid. On 1 July x8, half of the preference shares were converted into ordinary shares. 6 MFRS 133-CHAPTER 35 Profit after tax for x7 was RM2 million and for x8 it was RM2.2 million. Average price of one ordinary share was RM5 in x7 and RM7.50 in x8 Tax rate is 25%. Required: Compute the company's basic and diluted EPS for the years ended 31 December x7 and x8