Ah Chong, Baloo, Cindy and Dodo are the di

题目：

Ah Chong, Baloo, Cindy and Dodo are the directors of Susah Bhd (the company), which has an issued capital of RM1 million made up of 1 million 1 RM ordinary shares. They were appointed as directors two years ago. Each of them holds 15% of the issued shares of the company. The remaining 40% is held by 10 other shareholders.Three weeks ago, following a board resolution, the directors issued 500,000 new shares to Kam Cheng, a close friend of theirs.Cindy is the managing director of the company. Two weeks ago, Cindy, who is now 71 years old, entered into a contract on behalf of the company to purchase offi ce stationery from Opis Sdn Bhd at a price of RM100,000.Last week, following an argument among the directors at a board meeting, Baloo, Cindy and Dodo decided to remove Ah Chong as a director. A notice signed by Baloo, Cindy and Dodo was sent to Ah Chong stating that he had been removed as a director with immediate effect.Required:Advise Ah Lee, a member, who wishes to know the following :

(a) whether the validity of the issue of the shares can be challenged on ground that it has not complied with the provisions of the Companies Act 1965; (4 marks)