Right issues proposed by companies listed on Karachi Stock Exchange.

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PROPOSED RIGHT ISSUE
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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%
Apna Microfinance Bank                               283.333%
Frontier Ceramics
 (at a discount of 82% i.e. Rs 1.80 per share)           865%
Pervez Ahmed Securities
 (at a discount of 80% i.e. Rs 2/- per share)         189.39%
First National Equities
 (at a discount of Rs.7/- per share)                241.5459%
Ghani Automotive Ind.
 (at a discount of Rs 5/- i.e. Rs 5/- per share)         150%
Crescent Star Insurance Co.
 (at a discount of Rs 4/- per share)                     275%
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