Friday, 24th November 2017
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PUBLIC COMPANIES

A public engineering and manufacturing company is one that sells it's shares/stocks/bonds/loans (securities) etc. to the general public through the stock exchange. A public limited company has the letters 'plc' after the company name.

Becoming a public company is an advantage as they are able to raise funds through the sale of these securities and the profit the company makes is then split between the shareholders.