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%
Pioneer Cement (Preference in the form
 of right shares of Rs  10/- at par value)                   35.212%
United Brands                                                   800%
KASB Bank Ltd (at disocunt
 of Rs  7/- ie Rs 3/- per share)                             105.16%
First National Equities (at a discount
 of Rs 7.50 ie Rs 2.50 per shaire)                              140%
Ruby Textile                                                  33.20%
Asia Insurance Co Ltd                                            20%
====================================================================