SECP registers 21 companies in May

The Securities and Exchange Commission of Pakistan (SECP) registered 21 companies having foreign investment during May.
These 21 companies have investment by foreign nationals from the UK, China, Canada, Denmark, South Korea, Romania, Russia, Turkey, Jordan, Norway, the Netherlands, Singapore and Afghanistan.

Among these, 8 companies were registered in Lahore, 7 in Islamabad and 6 in Karachi.
The sector-wise breakdown of the new incorporations shows that 5 companies are in trading, followed by 2 companies each in services, mining, and transport, and one company each in education, power generation, sugar, chemical, fertilizer, information technology, fuel and energy, steel, seed processing and miscellaneous sector.

In addition, one foreign company from the UAE was registered in Karachi, which belongs to the trading sector.

From: Daily Times