SECP allows startups to raise capital

The decision is aimed at supporting entrepreneurship and improving business climate for small firms


Our Correspondent April 01, 2021

ISLAMABAD:

The Securities and Exchange Commission of Pakistan (SECP) has issued a circular, allowing private companies to raise capital against immovable property, intangible assets and services from investors. The decision is aimed at supporting entrepreneurship and improving business climate for small firms, particularly startups and potential investors. The SECP clarified that private companies could raise funds from the investors other than their existing shareholders to finance their working capital requirements.

Published in The Express Tribune, April 1st, 2021.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read