Maleholdings Plc is the parent company of a large corporate group. Its various subsidiaries operate in a number of different industries, including house-building. Ameer, a director of Maleholdings, learns that a large piece of vacant land in Male city is about to be sold by auction. The land is suitable for house-building, but houses can only be built if the Local Authority gives its permission. The Local Authority says it will give permission, but only on condition that the company building the …
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