SECP registers 274 companies last month

Securities and Exchange Commission of Pakistan (SECP) registered 274 companies in August 2012. The new incorporations during the month include 257 private, followed by 16 single-member, two public unlisted companies, and two non-profit associations. Trading sector has the highest new incorporation of 44 companies, followed by services with 28 companies, construction with 21 companies, power generation with 18 companies, information technology with 17 companies and textile with 16 companies.
Highest company incorporation was witnessed at Company Registration Office (CRO), Lahore of 89 companies followed by CROs Karachi and Islamabad registering 76 and 72 companies, respectively. Remaining CROs of Peshawar, Multan, Faisalabad and Quetta registered 14, 12, eight and three companies respectively.-PR