You have been appointed by Johore Chemicals Sdn Bhd, a family owned private company, as financial advisor to recommend the appropriate financing for the proposed business expansion. Johore Chemicals is a standalone producer of polyolefins and the country's largest integrated producer of olefins and polyolefins. The company produces the country's most comprehensive portfolio of Polyethylene and Polypropylene, two of the most widely used polymers in the world. As a result of increasing global demand for the company's products, the Directors have decided to expand its production. The cost of acquiring new plant and machinery and additional working capital is estimated to be approximately RM 450 million. The Directors have requested your advice on the following: REQUIRED: 1. Critically discuss the major factors that should be considered when deciding on the appropriate mix of long term and short term borrowing necessary to finance the expansion. 2. Based on your knowledge of the different financing options available, develop an appropriate financing proposal for the expansion explaining your reasons for the recommendation