KUALA LUMPUR: AmBank (M) Bhd (AmBank) is issuing five new European style cash-settled call warrants (CW) to be listed on Thursday, March 10 with tenures of about eight months and issue size of up to 100 million each.
The five new CWs will be issued on the ordinary shares of Axiata Group Bhd (Axiata), Malaysia Airports Holdings Bhd (MAHB), Unisem Bhd (Unisem), PETRONAS DAGANGAN BHD [] (PetDag) and UEM LAND HOLDINGS BHD [] (UEM Land).
In a statement Tuesday, March 8, AmBank said the CWs launched under its warrant programme aimed to provide investment alternatives to Malaysian investors who are looking for leveraged exposure to the equity markets.
AmInvestment Bank Bhd director and head of equity derivatives Ng Ee Fang said market volatility has picked up recently on the back of geopolitical concerns in the Middle East and rising crude oil prices.
'Therefore, AmBank's latest tranche of warrants aims to capture trading opportunities and market volatility in the current stock market.
'In the upcoming tranche, we are issuing warrants off Malaysian companies with strong market presence in their respective industries,' she said.
The five new CWs will be issued on the ordinary shares of Axiata Group Bhd (Axiata), Malaysia Airports Holdings Bhd (MAHB), Unisem Bhd (Unisem), PETRONAS DAGANGAN BHD [] (PetDag) and UEM LAND HOLDINGS BHD [] (UEM Land).
In a statement Tuesday, March 8, AmBank said the CWs launched under its warrant programme aimed to provide investment alternatives to Malaysian investors who are looking for leveraged exposure to the equity markets.
AmInvestment Bank Bhd director and head of equity derivatives Ng Ee Fang said market volatility has picked up recently on the back of geopolitical concerns in the Middle East and rising crude oil prices.
'Therefore, AmBank's latest tranche of warrants aims to capture trading opportunities and market volatility in the current stock market.
'In the upcoming tranche, we are issuing warrants off Malaysian companies with strong market presence in their respective industries,' she said.
No comments:
Post a Comment