Proposed right issues

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/- 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%

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