SECP reg­is­ters 8 for­eign inv’t com­pa­nies

The Pak Banker - - 2national - Staff Re­porter

IS­LAM­ABAD: The Se­cu­ri­ties and Ex­change Com­mis­sion of Pak­istan reg­is­tered eight com­pa­nies hav­ing for­eign in­vest­ment in Novem­ber.

Ac­cord­ing to a state­ment is­sued by the Com­mis­sion here Mon­day said that 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, UK, Egypt, 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.

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