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plc public limited company

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Q: What type of ownership does tesco extra malaysia have?
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What type of ownership is tesco's?

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Joint tenancy is a type of ownership of personal or real property by two or more persons in which each party owns an undivided interest in the whole property. This is applicable in Malaysia.


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Tesco is Britain's leading retailer. They claim to be one of the top three retailers in the world, operating over 3,700 stores globally and employing over 440,000 people. Tesco operates in 13 countries outside the UK - Republic of Ireland, Hungary, Czech Republic, Slovakia, Turkey and Poland in Europe; China, Japan, Malaysia, South Korea, Thailand and India in Asia, and the U.S.


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What type of ownership does tesco have?

== Tesco's Ownership which is owned by several partners, Tesco is owned by thousands of people. This is because Tesco is a public limited company or Plc. The reason for Tesco being a Plc is because of its mammoth size. Due to its size it would be hard to raise enough funds for Tesco if it was owned by a sole trader or by partners whereas in a Plc (like Tesco) the company is owned by shareholders who fund the company. This happens by the people buying shares in the company and becoming shareholders. Sometimes this may seem more appealing to the people investing in a company as they have the luxury of having limited liability. Limited liability is where if the business goes bankrupt the people only lose whatever they invested in the business this is common with Plc's, Ltd's (Private limited company) Unlimited liability applies to soul traders and partnerships if one of these went bankrupt they could loose all their personal assets over it and the money they put into it.


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