SECP registers 1135 new companies in Q3 2007

Mashallah.

From Karachi to Khyber there is amazing new business activity thanks to the economic policies of Pakistan’s greatest leader President Pervaiz Musharaf and his govt.

Long may these progress and his rule continue. Ameen. :jhanda:

http://www.dailytimes.com.pk/default.asp?page=2007\10\26\story_26-10-2007_pg5_11

**SECP registers 1,135 new companies

**ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 1,135 companies during the first quarter (July-September 2007). With the new registrations the total number of registered companies with SECP as on September 30 has reached 50,125.

The total new registrations included 1,106 companies limited by shares comprising of 23 public unlisted companies, 1,053 private companies and 30 single member companies. The other entities were 15 foreign companies, 13 associations not for profit and one company limited by guarantee.

Total authorized capital and paid up capital of the companies limited by shares amounted to Rs 7.06 billion and Rs 1.23 billion, respectively.

The Company Registration Office Lahore registered 370 companies, Karachi 335 companies and Islamabad registered 220 companies, Peshawar, Multan, Faisalabad, Quetta, and Sukkur registered 72, 61, 43, 32 and 2 companies, respectively.

The highest number of 193 companies was registered in tourism sector, followed by 138 in services, 135 in trading, 70 in information technology, 54 in real estate development sector, 50 each in construction and communication and 48 in textile sector.

Re: SECP registers 1135 new companies in Q3 2007

Fantastic news. Let’s see more and more of this. :k: