(iii) A statement on the importance of confidentiality in the financing of the early stage working capital needs
and an explanation of how this conflicts with the duty of transparency in matters of corporate
governance. (6 marks)
Professional marks for layout, logical flow and persuasiveness of the statement. (4 marks)
(iii) Importance of confidentiality in the financing of the project and the normal duty of transparency.I have been asked to include a statement in my remarks on the balance between our duty to be transparent wheneverpossible and the need for discretion a
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