Right issues proposed by companies listed on Karachi Stock Exchange.

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PROPOSED RIGHT ISSUES

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Beema Pakistan                                  21%

Crescent Leasing Corp (at a premium of Rs 5/-)  35%

1st Cap Mutual Fund (at a discount of 30%)     100%

Progressive Insurance                           70%

Emco Ind (at a discount of 50%)                 33%

Gharibwal Cement                           352.592%

Islamic Inv Bank (at a discount of 25%)     133.33%

Indus Polyster                                 100%

Latif Jute                                      25%

Maqbool Textile                                100%

Pakistan Gen Insurance                       33.33%

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Copyright Business Recorder, 2004