Press launch |
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FOR IMMEDIATE RELEASE |
25 JANUARY 2023 |
AFFIN HWANG BERHAD INVESTMENT BANK ANNOUNCED THE
ISSUANCE OF ITS FIRST FOUR SERIES OF STRUCTURED NOTES
GUARANTEE
KUALA LUMPUR: Affin Hwang Funding Financial institution Berhad (“the Financial institution”), The funding arm of Affin Financial institution Berhad, in the present day introduced the issuance of its first 4 sequence of structured ensures to fulfill the wants of the more and more various and complicated traders in Malaysia.
The 4 structured ensures now listed in Bursa Malaysia are as follows:
- European type Unsecured cash-settled name warrants on widespread shares of My EG Berhad Companies
- European type Uncollateralized cash-settled gross sales warrants on widespread shares of My EG Berhad Companies
- European type Unsecured cash-settled name warrants on widespread shares of Berhad Commerce Alternate
- European type Unsecured cash-settled name warrants on widespread shares of Hengyuan Berhad Refining Firm
order identify |
Order |
Order |
Train |
Train |
Expiration |
Enterprise |
|||||||||
underlying shares |
|||||||||||||||
Code |
Writes |
Value |
Relationship |
Date |
Dimension |
||||||||||
COMMERCE |
DNEX-C11 |
445611 |
Name |
$0.50 |
2 |
25-Oct-23 |
100,000,000 |
||||||||
NEXCHANGE BHD |
|||||||||||||||
HENGYUAN |
HENGYUANC44 |
432444 |
Name |
RM3.50 |
6 |
25-Oct-23 |
100,000,000 |
||||||||
CO BHD REFINING |
|||||||||||||||
MY SERVICES EG |
MYEG-C4D |
01384D |
Name |
$0.90 |
2 |
25-Oct-23 |
100,000,000 |
||||||||
BHD |
|||||||||||||||
MY SERVICES EG |
MYEG-HJ |
0138HJ |
Put |
$0.78 |
2 |
25-Oct-23 |
100,000,000 |
||||||||
BHD |
|||||||||||||||
*The above 4 structured warrants will mature on October 25, 2023
The Financial institution is happy to supply Structured Warrants that may permit traders to realize publicity to the underlying shares for a fraction of their worth and the chance to revenue from rising and falling markets.
Chairman and CEO of Affin Financial institution Berhad Group, YBhg. Datuk Wan Razly Abdullah mentioned: “The introduction of the primary 4 sequence of structured ensures is a major addition to the Financial institution’s current suite of funding merchandise, providing traders a substitute for their current funding methods. It’s a part of our efforts We proceed to innovate our product choices to fulfill the calls for of the structured collateral market.”
In 2022, the month-to-month quantity of structured subscription securities traded in Malaysia exceeded 5 billion items, peaking at 9.67 billion items in March 2022. As well as, structured subscription securities had a month-to-month common traded worth of RM1.150 million, with a most of RM1.840 million. in June 2022.
For extra info on the Financial institution’s structured ensures, please contact our assist desk at +603 2146 7624 or ship an e-mail to warrants@affinhwang.com.
-END-
About AFFIN Group
Composed of Affin Financial institution Berhad because the monetary holding firm of Affin Islamic Financial institution Berhad, Affin Hwang Funding Financial institution Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance coverage Berhad. AXA AFFIN Normal Insurance coverage Berhad is a accomplice firm of Affin Financial institution Berhad.
AFFIN Group gives a collection of economic services aimed toward each retail and company shoppers. Goal enterprise segments are categorized into key enterprise items resembling Group Banking, Enterprise Banking, Company Banking, Treasury, Funding Banking, and Securities. For extra info please go to https://www.affingroup.com
For extra info, contact: |
|
Amirah Aliah Azlan |
Archanaa Vijayaraman |
Assistant Supervisor, Strategic Communications |
Assistant Supervisor, Strategic Communications |
Contact quantity: +60123688359 |
Contact quantity: +60173850188 |
E-mail: amirahaliah@affingroup.com |
E-mail: archanaa@affingroup.com |
Sharifah Syahirah Syed Azlan |
|
Assistant Supervisor, Strategic Communications |
|
Contact quantity: +60162641675 |
|
E-mail: sharifahsyahirah.azlan@affingroup.com |
Disclaimer
Affin Financial institution Berhad posted this content material on 25 January 2023 and is solely liable for the knowledge contained therein. Distributed by Public, with out modifying or altering, the January 26, 2023 02:22:06 UTC.
Public now 2023
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Technical evaluation tendencies AFFIN BANK
brief time period | Medium time period | Lengthy-term | |
Developments | Bullish | Impartial | Impartial |
Evolution of the Earnings Assertion
Promote ![]() To purchase |
|
medium consensus | LIVE THROUGH |
Variety of analysts | 7 |
final closing worth | 2.08 MXN |
common goal worth | 2.41 MXN |
Common unfold/goal | 16.0% |