SECP registered 344 companies in May

The Securities and Exchange Commission of Pakistan (SECP) has registered 344 companies during May, whereas 338 companies were incorporated in last month and 285 in corresponding month of last year.
A statement issued by the Commission here on Tuesday said that a growing trend in incorporation of new companies has been witnessed continually since November.

Of the 344 companies, private companies had the major share totaling to 305 companies. Other companies include 25 single-member companies, 5 public unlisted companies, 7 non-profit associations, 1 company limited by guarantee and on foreign company.

From: Ftpapp