QUESTION 1 Aquaducts Bhd. is a company carrying on a business of supplying...

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Accounting

QUESTION 1
Aquaducts Bhd. is a company carrying on a business of supplying steel water pipes ("AQB"). The issued capital of AQB is RM10Q,00 divided into 100,000 ordinary shares of RM1.00 each. The shareholding structure of AQB is as follows:
\table[[Name of Member,Shareholding],[Cavern Pipe Bhd.,40%
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