SECP registers 280 cos during May 2010
Thursday, 10 June 2010
ISLAMABAD, June 9 (Business Recorder): The Securities and Exchange Commission of Pakistan (SECP) registered 280 companies during May 2010. The total corporate portfolio as on May 31, 2010 comprises 55,795 companies.
According to an announcement of the SECP here Tuesday, the total new incorporation of 280 companies, consists of 6 public unlisted companies, 260 private companies, 11 single member companies and 3 associations not for profit under Section 42 of the Companies Ordinance, 1984 (the Ordinance).
The authorised capital and paid up capital of 280 companies, is 1,974 million and 320 million respectively. Of the 280 companies, a public unlisted company in the miscellaneous sector, has been registered with the highest authorised capital of Rs 250 million.
According to an announcement of the SECP here Tuesday, the total new incorporation of 280 companies, consists of 6 public unlisted companies, 260 private companies, 11 single member companies and 3 associations not for profit under Section 42 of the Companies Ordinance, 1984 (the Ordinance).
The authorised capital and paid up capital of 280 companies, is 1,974 million and 320 million respectively. Of the 280 companies, a public unlisted company in the miscellaneous sector, has been registered with the highest authorised capital of Rs 250 million.