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/- i.e. Rs. 5/- per share)                   231.08%
United Brands                                            800%
1st Paramount Modaraba                                    30%
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%
=============================================================