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Which transformation is evaporation?
ASIC
The Australian Securities and Investments Commission; an independent Australian government body that acts as the corporate regulator.
Liquidation Surplus
The amount of money remaining after all liabilities and obligations of a liquidating entity have been settled, which is then distributed to shareholders.
Preference Shares
Shares that give holders preferential rights over common shareholders regarding dividends and assets distribution upon liquidation.
Ordinary Shares
Securities that represent ownership in a corporation, giving the holder voting rights and a share in the company's profits via dividends.
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