JOINT STOCK COMPANIES: PUBLIC LIMITED COMPANIES

The main difference between private and public limited companies are that public limited companies can sell shares to the general public, while private limited companies cannot. Therefore public limite companies are larger in size.

Shares are offered for sale on the Stock Exchange. Any member of the general public can buy and sell shares.

A public limited company usually must include the words "public limited company" or its abbreviation "plc" at the end and as part of its legal company name.

Public Limited companies are able to attract money from investors all over the world.

MTCC, Bank of Maldives, and STO are public limted companies from Maldives.

Soler Proprietorships, Partnerships, Private and Public Limited Companies are all in Private Sector of the Economy.

Where as Public Corporations are in Public Sector.

Next Topic: Public Corporations

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