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Company: Public limited

Company Description

A public limited company, also known as a PLC, is a type of business organization in Pakistan where shares can be publicly traded on the stock exchange. It is required to have a minimum of three directors and can have an unlimited number of shareholders. Being a separate legal entity, a PLC offers limited liability to its shareholders, which means their personal assets are protected in case of any financial losses. PLCs in Pakistan play a crucial role in the country’s economy by promoting investment, creating job opportunities, and contributing to economic growth.

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