Proposed right issues

11 May, 2004

Right issues proposed by companies listed on Karachi Stock Exchange.

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PROPOSED RIGHT ISSUES
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Beema Pakistan 21%
Pakistan Gen Insurance 33.33%
Emco Ind (at a discount of 50%) 33%
Latif Jute 25%
1st Cap Mutual Fund (at a discount of 30%) 100%
Ali Asghar Textile (at a discount of 40%) 100%
TRG Pakistan 200%
Islamic Inv Bank (at a discount of 25%) 133.33%
Crescent Leasing Corp (at a premium of Rs 5/-) 35%
Askari Gen Insurance (at a premium of Rs 2/- 25%
Asian Stock Fund 800%
Safeway Mutual Fund (at a premium of Rs 5/-) 150%
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