ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has warned the general public against investing in ‘All Pakistan Projects’.
In a statement on Tuesday, the SECP said that in view of various complaints and queries received about ‘All Pakistan Projects’, it has emerged that the entity is offering lucrative investment packages through its website.
“The general public is being informed that All Pakistan Projects is not registered with the SECP. However, it has been noted that a few individuals, whose names are appearing on the website of the entity, are directors/members of the registered companies including: APP Projects and Real Estate (Private) Limited; AITS Traders (SMC-Private) Limited;Â APP Restaurants & Cafe (Private) Limited; APP Riders (Private) Limited; and APP Shopping Mall (Private) Limited.”
As previously clarified, mere registration of a company with the SECP does not necessarily mean that these companies can invite or accept deposits from the public, the commission maintained.
“In view of the above, the general public is advised in their own interest, to refrain from investing their hard-earned savings in unauthorised schemes and verify the legitimacy of any investment scheme before investing.”
The SECP said that it regularly issues warnings and alerts to guide the general public to refrain from investing in fraudulent investment schemes that promise hefty profits and unrealistic returns. As clearly covered in Section 84 of the Companies Act, 2017, inviting and accepting deposits from the public is a prohibited activity, and can only be offered by specialised companies duly authorised by the SECP or State Bank of Pakistan.
Sir,
Hamray investment ka kia hoga ,main ne to 10 lac ka investment kia ,ap ne to all pakistan project band ker dia?
Bhi kia bana All pakistan projects ka?
Tenga ka
sb ok ho jae ga .inshALLAH
SECP SY ES KA KOI LYNA NHI HY.
Sir/Madam, kindly suggest me what should i do? i have invested 415000 in All Pakistan Projects? now NAB has arrested its CEO and my invested amount is bounded with this company? i am very sad…plz give me some useful suggestion. waiting for your kind response..thanks
Don’t worry bro Sab theek ho jae ga with in 40 to 50.days.
Pareshan na ho bs Allah sag duwa karo ka fasla hamary haq ma ae.
I am proud all Pakistan projects and CEO Adam amen chuadri
Sir main ny 8 lakh investment ki hy or koi profit b nai liya .sir kab tak koi omeed hy ?
All concerned are directed to consult NAB Rawalpindi and record your statement with relevant documented proofs.
SIR KINDLY UPDAT
Insha Allah sab theek ho jye ga dosto.
sir me ny b 5 lack invest kea hy abhe tk kuch nhe mila 4 mah ho gay kuch ho ga b ya nhe jb bhe pta kren to yehe jawab milta hy ek mah lag jay ga me bht preshan hon
Sir may ne be 16000 invest kiya hy our abi tk koi profit be nahi leya es ka kia hoga log kehty hy ye bagne wale hy kiya ye such hy
Please muje recently information dyjeye
Plz tell me anyone yh kb open ho g yh site or ho g ya nhi … Plzz koe confirm news de dy
I invested 5 lac on insistence of my cousin. First few months they gave me profit but now they stopped any markups. I tried to withdraw my amount but that is also not working.
Sir koi update hy.koi umeed hy
Mujh all pakistan projects pe pure yaken he
Ya bhagne walo me see nahe hen
Inshallah jald see jald Sara system keller hoje ha inshallah
Queen ke ya lailah Allah ke name see bana he to inshallah Hamare duin hen inshallah
Thanks for the information.
Jiffy Business Hub (Pvt) Ltd is a Pakistan Based business firm that provides services in four different areas, namely, construction business, general order supplier, developer, real estate services, consultancy and services on government and legal matters, and research in social sciences. JBH provides inclusive real estate investment services in Islamabad & Rawalpindi, focused on safeguarding and escalating the significance of residential and commercial properties in this sector. We are an experienced and professional staff they are experts in their fields. They bring a strong service ethos to everything they do.