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| *Travel Tips>>>Malaysia Travel Tips |
Some Malaysian companies have words PTY Ltd. What does it stand for? |
Travel Info Some Malaysian companies have words PTY Ltd. What does it stand for? Travel Tips "Pty Ltd" simply means "Proprietary Limited", but in Malaysia, you would normally see "Sdn. Bhd.", which is short for "Sendirian Berhad" in the Malay Language, bearing the same meaning. Check out the site below for more information! Source(s): http://www.ssm.com.my/en/main.php... Other Travel Tips It should mean private limited. It mean Propriety Limited or Property Limited. If the company should ever become incolvent, the liquidation can not be extended to the owners private property or assets. It is limited to the company. That means that if a company should crash, the owners can simply walk away. Proprietary Limited (Pty Ltd) companies are firms with at least one shareholder with a limited number of shares. The opposite of Proprietary Limited is the Public limited company. There is no way you can find a local company (registered in Malaysia) have words PTY Ltd. However, PTY Ltd = Sdn Bhd. PTY Ltd only use in country like Australia, India & others. its a company incorporated in Australia and not in Malaysia the equivalece as sdn bhd |
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