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APPLICABLE PRICING SUPPLEMENT AFRICAN BANK LIMITED (Incorporated with limited liability in the Republic of South Africa under Registration Number 1975/002526/06) Issue of ZAR1,000,000,000 Senior Unsecured
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Incorporated with limited liability refers to a corporate structure where the owners' liability is limited to the amount they have invested in the company.
Any individual or group who wants to form a corporation and benefit from limited liability would be required to file for incorporation with limited liability.
To fill out the incorporation with limited liability, you typically need to provide information about the company's name, business address, shareholders, directors, and the type of business entity you are incorporating.
The purpose of incorporating with limited liability is to protect the shareholders from personal liability for the company's debts. It allows the company to function as a separate legal entity.
The information that must be reported on the incorporated with limited liability includes the company's name, business address, shareholders' names and addresses, directors' names and addresses, and the proposed business activities.
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