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Private Limited Companies
These are NOT permitted to advertise their shares so like to attract public money and so that they sell their shares privately as recognized as private placing to interested members of the public.
Their shares are not freely transferable such like these are not quoted at the stock exchange and they can simply be transferred along with the consent of the directors.
A difference among the two above lines is as follow:
Task The following information has been extracted from the accounts of R Ltd., a manufacturer and distributor of home cordless phone in Hong Kong.
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explain the financial planning process in a private limited company
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