The Securities and Exchange Commission of Pakistan (SECP) has registered 490 new companies in February which is an increase of 7 percent as compared to the same month of the preceding year.

Around 89 percent companies have been registered as private limited companies, while around 7 percent were registered as single member companies.

According to a statement issued by SECP , four percent of the companies were registered as public unlisted, non-profit associations and foreign companies.

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