Problem: Serba Boleh Bhd. {SBD} is a public listed company with its shares listed on the Main Market of Bursa Malaysia. SBD has issued a prospecIUs dated 1 August ZDZI, inviting the public to subscribe to its new ordinary shares and new redeemable convertible preference shares {REPS}. According to the prospectus. both the ordinary shares and the RCPS will be listed on the Main Market Upon issuance. You are a financial planner with FS Advisory Sdn. Bhd. One of your clients, Serene, who has just received a windfall of RMS?D?Ut] through inheritance. wishes to invest into the shares of SBD.
(a) Advise Serene whether subscribing to the ordinary share or the redeemable convertible preference share is a better option for her. by comparing the legal characteristics of both types of share
(b) Describe the document that proves Serene has become one of the shareholders of Serba Boleh Bhd., after subscribing to the shares.