tHE SITUATION IF YOU'RE FROM PHILIPPINES:

1. Mr. Xiao .is a very rich businessman who wishes to venture into the stock market. He wants to acquire the shares the shares of BDO and Atok-Big Wedge Company. Where can he purchase the shares of these company? Why? (5pts)

2. XLZ Manufacturing Inc., with its major shareholder Ms. Cindy Yap, who wants to retire and enjoy life, wishes to conduct a second offering. Where can Ms. Yap sell her shares? Why?