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%

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

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

Summit Bank Ltd.                                                               65%

Jahangir Siddiqui & Co. Ltd. (Preference Right Shares)                         15%

Silk Bank Ltd (at a discount of Rs 8.44 per share)                            240%

Apna Microfinance Bank (at a discount of Rs  5/- per share)                   100%

First Paramount Modaraba                                                       30%

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