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/- i.e. Rs. 5/- per share)    231.08%

United Brands                                            800%

Apna Microfinance Bank                               283.333%

Frontier Ceramics

 (at a discount of 82% i.e. Rs 1.80 per share)           865%

Pervez Ahmed Securities

 (at a discount of 80% i.e. Rs 2/- per share)         189.39%

First National Equities

 (at a discount of Rs.7/- per share)                241.5459%

Ghani Automotive Ind.

 (at a discount of Rs 5/- i.e. Rs 5/- per share)         150%

Crescent Star Insurance Co.

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

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