Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

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

Company                                                                       Rate

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

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%

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

BankIslami Pakistan Ltd (at a discount of Rs 6.33 per share)                11.97%

Quice Food Industries Ltd. (at a discount of Rs  8/- per share)            38.313%

Apna Microfinance Bank (at a discount of Rs  5/- ie Rs 5/- per share)       266.66

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