Proposed right issues

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%

Thatta Cement Co Ltd (at a premium of Rs  5/- per share)         25%

Pioneer Cement (Preference in the form

 of right shares of Rs  10/- at par value)                   35.212%

United Brands                                                   800%

Soneri Bank Ltd (at a discount

 of Rs  5/- ie Rs 5/- per share)                              33.25%

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%

====================================================================