Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

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PROPOSED RIGHT ISSUE

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Company                                                  Rate

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Pervez Ahmed Securities (at a discount of

 Rs  5/- ie Rs 5/- per share)                         231.08%

United Brands                                            800%

Apna Microfinance Bank                               283.333%

Frontier Ceramics

 (at a discount of 82% ie Rs 1.80 per share)             865%

Pervez Ahmed Securities

 (at a discount of 80% ie Rs 2/- per share)           189.39%

Ghani Automotive Ind

(at a discount of Rs 5/- ie Rs 5/- per share)            150%

Crescent Star Insurance Co.

(at a discount of Rs 4/- per share)                      275%

United Distributors Pakistan                             100%

Media Times Ltd. (at a discount of Rs 5/- per share)      14%

JS Bank Ltd. (preference shares)                    13.98648%

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