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%

Al-Abbas Cement Industries (at a discount

 of Rs. 5/- i.e. Rs. 5/- per share)                             100%

Thatta Cement Co Ltd (at a premium

 of Rs. 5/- per share)                                           25%

Fauji Cement Co (at a discount

 of Rs. 5/- i.e. Rs. 5/- per share)                              92%

Pioneer Cement (Preference in the form

 of right shares of Rs. 10/- at par value)                   35.212%

United Brands                                                   800%

NIB Bank (at a discount

 of Rs. 8.63/- i.e. Rs. 1.37/- per share)                    154.79%

Shabbir Tiles & Ceramics Ltd at a premium

 of Rs. 1/- per share                                           100%

Soneri Bank Ltd (at a discount

 of Rs. 5/- i.e. Rs Rs. 5/- per share)                        33.25%

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