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A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
Under Australian law, a proprietary limited company (abbreviated as 'Pty Ltd') is a business structure that has at least one shareholder and up to 50, where the liability of shareholders is limited to the value of shares. Its counterparts include the public limited company (Ltd) and the Unlimited Proprietary company (Pty) with a share capital.
In June 1993, NTUC Comfort was corporatised and renamed Comfort Transportation Pte Ltd. [9] Comfort was subsequently listed on 6 June 1994 and became the Comfort Group Limited. [10] The listed company was owned by Singapore Labour Foundation (41.7%), its owner-drivers as a single block (approximately 20%) and the public (35%).
dnata Singapore Pte Ltd is a ground handling provider at Singapore Changi Airport, providing ground, passenger and cargo handling services, in-flight catering and security services to 69 scheduled and 45 non-scheduled airlines.
Singapore (exempt) private company limited by shares: Pte Ltd South Africa: private company (Pty) Ltd South Korea: 유한책임회사 (有限責任會社, yuhan chaeg-im hoesa) LLC Sri Lanka: private company limited by shares (PVT), Ltd Sweden: privat aktiebolag: AB Tajikistan: ҷамъияти дорои масъулияти маҳдуд: ҶДММ
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The private company equivalent in Australia is the Proprietary Limited company (Pty Ltd). An Australian company with only Limited or Ltd after its name is a public company, such as a company listed on the ASX. Australia does not have a direct equivalent to the plc.
The Singapore Cruise Centre Pte Ltd, which is owned by PSA, took over management of the centre on 1 April 2003 when PSA Corporation divested its non-core businesses. [ 3 ] Additionally, SCC manages 2 other ferry terminals; Tanah Merah Ferry Terminal and Pasir Panjang Ferry Terminal. [ 4 ]