Incorporated: SECP registers 284 companies in July

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 284 companies in July, a report published by SECP said on Wednesday. Private companies had the highest share in new incorporations, amounting to 253 followed by 19 single-member companies, 4 public unlisted companies, 5 non-profit associations, 1 guarantee limited company, 1 trade organization and 1 foreign company from Mauritius in the oil and gas sector. Multi-nationals have invested in 22 companies. Around 45 companies belong to the trading sector, followed by services with 33 companies, construction with 21, IT with 15, food and beverages with 14 companies, communication with 13, transport with 12, pharmaceuticals with 12, Hajj and Umrah services and fuel and energy with 10 companies each.

Published in The Express Tribune, August 11^th, 2011.