The Securities and Exchange Commission of Pakistan (SECP) has granted licences to nine non-profit associations under Section 42 of the Companies Ordinance of 1984 during the third quarter of this calendar year.
The sector-wise breakdown reveals that four of the nine associations will be working in the social services sector, four in education and one in agriculture. These organisations include the Global Foundation for SME Cluster Development and the Punjab Skills Development Fund.
Published in The Express Tribune, October 20th, 2010.
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