KUALA LUMPUR: Macquarie Capital Securities will list eight new structured warrants on the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) today.
These warrants compris four single stock warrants, which are CIMB Group Holdings, Felda Global Ventures (FGV), Malayan Banking (Maybank), My E.G Services (MYEG) and four index warrants.
The new MYEG warrant, MYEG-CI, will be listed at an exercise price of RM2.70, allowing investors to gain a higher effective gearing after the recent strong rally.
The FGV-C1 will be listed with an exercise price of RM2.50, which will be the lowest among all listed warrants due to FGV’s recent share price fall.
“CIMB-C2 and MAYBANK-C10 will allow investors to gain leverage and exposure to these two banking giants, following the cancellation of the mega bank merger,” its head of warrant sales, Eric Tan said in a statement.
Including these new additions, Macquarie will have a total of 18 warrants on the FBM KLCI and 13 warrants on Hong Kong’s Hang Seng Index.
“The new call and put warrants over the FBM KLCI have lower strike levels, providing investors with a wider range of investment opportunities.
“These warrants will allow investors to take a better view on the broad market direction, removing the need to select a particular share,” said Tan.
Macquarie Group is a global financial services provider with presence in 28 countries. It has an asset under management amounting to AU$425 billion (RM1.21 trillion) as of September 30, 2014.