Snooty Futures Sdn Bhd has fulfilled all the requirements to apply for a Trading Participantship. Its current paid-up capital is RM3.5 million. What is the minimum additional paid-up capital that the company must raise in order to comply with the eligibility requirements of Rules of Bursa Malaysia Derivatives Berhad?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. RM500,000
B. RM1.5 million
C. RM2.5 million
D. RM3.5 million
Answer:B
Snooty Futures Sdn Bhd has fulfilled all the requirements to apply for a Trading Participantship. Its current paid-up capital is RM3.5 million. What is the minimum additional paid-up capital that the company must raise in order to comply with the eligibility requirements of Rules of Bursa Malaysia Derivatives Berhad?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. RM500,000 B. RM1.5 million C. RM2.5 million D. RM3.5 million