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securities exchange commission of pakistanKARACHI: The Securities and Exchange Commission of Pakistan (SECP) has registered 20 companies having foreign investment in April.

According to SECP here on Thursday, these companies have investment by foreign nationals from the U.K., China, France, Panama, Australia, Jordan, Japan, Switzerland, the Netherlands, Denmark, Malaysia and Singapore.

Eight of these companies were registered in Karachi, while six in Lahore, five in Islamabad and one in Faisalabad.

The sector-wise break up of the companies shows that four each deal in trading and textile, followed by three companies in the services sector, two each in communications and mining and one company each in construction, IT, alternative energy, food and miscellaneous sector.

In addition, three foreign companies were registered in April.

Two were registered in Karachi while one was registered in Islamabad. These companies are from Turkey, South Korea and Italy. The sectors of the companies are engineering, food and services.

Copyright APP (Associated Press of Pakistan), 2011

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