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%

United Brands                                            800%

Apna Microfinance Bank                               283.333%

Frontier Ceramics

 (at a discount of 82% ie Rs 1.80 per share)             865%

Summit Bank Ltd (Preference Right Shares)                 20%

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Copyright Business Recorder, 2012