Maybank Investment to list eight new call warrants
Each will have an issue size of 100m.
According to a release, Maybank Investment Bank Berhad is listing eight new European style cash-settled call warrants over ordinary shares of AirAsia Berhad (“AIRASIA”), Bumi Armada Berhad (“ARMADA”), BIMB Holdings Berhad (“BIMB”), Dayang Enterprise Holdings Berhad (“DAYANG”), Malaysian Airline System Berhad (“MAS”), Malaysia Building Society Berhad (“MBSB”), Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) and Petronas Chemicals Group Berhad (“PCHEM”).
The warrants will be listed on Wednesday, 28 August 2013 with an issue size of 100 million each.
Bank Negara Malaysia has on the 21 August 2013, announced a weak second quarter GDP growth and lowered its full year GDP forecast.
In concurrence with the news, FBMKLCI has dropped by approximately 3.76% (from 1,788.24 on 16 August 2013 to 1,721.07 on 23 August 2013) trading in the lower region since May 2013.
This provides the opportunity for savvy investors to participate in a potentially volatile market. The primary focus of this tranche is a broad exposure to the oil and gas sector, ranging from offshore services to petrochemical products.
This tranche also has additional exposure to the financial services sector as well as the airlines industry. The call warrants offer investors the opportunity to capture upside p