Right issues proposed by companies listed on Karachi Stock Exchange.

=============================================================
PROPOSED RIGHT ISSUE
=============================================================
Company                                                  Rate
=============================================================
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%
Summit Bank Ltd (Preference Right Shares)                 20%
Pervez Ahmed Securities
 (at a discount of 80% i.e. Rs 2/- per share)         189.39%
=============================================================