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THE QUESTION MUST BE ANSWERED ACCORDING TO Malaysian Companies Act 2016 (Marks will be awarded for APPLICATION not the regurgitation of information) Please answer in

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THE QUESTION MUST BE ANSWERED ACCORDING TO Malaysian Companies Act 2016

(Marks will be awarded for APPLICATION not the regurgitation of information)

"Please answer in detail"

a) Sapura Energy Berhad is a public company trading in the oil and gas industry. Recently this company has applied for debt restructuring to try and manage their financial situation. Compare the legal effects if Sapura Energy Berhad carries out: (i) a Scheme of Arrangement, or (8 marks) (ii) a Judicial Management exercise (7 marks) b) Express the potential effects if Sapura Energy Berhad is liquidated. (10 marks)

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