Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

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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%

Pervez Ahmed Securities (at a discount of 80% i.e. 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%

PICIC Insurance (at a discount of Rs 5/- per share)                           200%

Descon Oxychem Ltd (Preference Right Shares)                                  100%

Pak Gulf Leasing Ltd (at a dis of Rs 3/- per share)                         28.15%

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