SECP registered 8 firms in November

[Lahore_Real_Estate]

ISLAMABAD: The Securities and Exchange Commission of Pakistan registered eight companies having foreign investment in November. In addition, three foreign companies have also been registered during the month.

Among the 8 companies having foreign investment, Chinese nationals invested in three companies. The remaining five companies have foreign investment by foreign nationals from Nigeria, South Korea, the UK, Egypt, the US, France, Brunei and Croatia.

As for the sector-wise breakdown, five companies are from the trading sector and the remaining three are from finance and banking, power generation and lodging.

Five companies were registered in Lahore, two in Islamabad and one in Karachi.

Out of three foreign companies, two belong to South Korean construction sector, and one is from Hong Kong’s furniture sector. Two foreign companies were registered in Lahore and one in Karachi.