Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

====================================================================

PROPOSED RIGHT ISSUE

====================================================================

Company                                                         Rate

====================================================================

Pervez Ahmed Securities (at a discount

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

United Brands                                                   800%

1st Paramount Modaraba                                           30%

Apna Microfinance Bank                                      283.333%

Frontier Ceramics (at a discount

 of 82% ie Rs 1.80 per share)                                   865%

Summit Bank Ltd (Preference Right Shares)                        20%

====================================================================