Kenanga launches 12 new call warrants

9 March 2019

Source: Focus Malaysia


KENANGA Investment Bank Bhd has launched 12 new highly-sensitive warrants on stocks, which are basically European-style, non-collateralised cash-settled call warrants.

These 12 call warrants mark the second issuance in 2019 since KIBB's Live Matrix launch - a trading tool which enables investors to view the live feed from Kenanga's market making system, giving them easy access to real-time market data and flexibility to trade on-the-go.

"We observed that a bullish environment is highly desirable for call warrant traders. With our ears to the ground and our eyes opened to the ever-changing market trends, this issuance will attract traders as the sensitive warrants flip prices quickly and they can enter and exit with speed and ease," said Kenanga Investment Bank's head of equity derivatives, Philip Lim.

The call warrants will be issued over the ordinary shares of AirAsia Group Bhd, Dialog Group Bhd, DRB-Hicom Bhd, FGV Holdings Bhd, Hartalega Holdings Bhd, Hibiscus Petroleum Bhd, Inari Amertron Bhd, Mi Technovation Bhd, MY E.G. Services Bhd, Petronas Chemicals Group Bhd, Press Metal Aluminum Holdings Bhd, and Sapura Energy Bhd.