media release

FOR IMMEDIATE RELEASE

25 JANUARY 2023

AFFIN HWANG INVESTMENT BANK BERHAD ANNOUNCED THE

ISSUANCE OF ITS FIRST FOUR SERIES OF STRUCTURED

WARRANTS

KUALA LUMPUR: Affin Hwang Investment Bank Berhad ("the Bank"), the investment arm of Affin Bank Berhad, today announced the issuance of its first four series of Structured Warrants to cater to the needs of the increasingly diverse and sophisticated investors in Malaysia.

The four Structured Warrants now listed on Bursa Malaysia are as follows:

  • European Style Non-CollateralisedCash-Settled Call Warrants Over Ordinary Shares of My E.G. Services Berhad
  • European Style Non-CollateralisedCash-Settled Put Warrants Over Ordinary Shares of My E.G. Services Berhad
  • European Style Non-CollateralisedCash-Settled Call Warrants Over Ordinary Shares of Dagang Nexchange Berhad
  • European Style Non-CollateralisedCash-Settled Call Warrants Over Ordinary Shares of Hengyuan Refining Company Berhad

Warrant Name

Warrant

Warrant

Exercise

Exercise

Expiry

Issue

Underlying Shares

Code

Type

Price

Ratio

Date

Size

DAGANG

DNEX-C11

445611

Call

RM0.50

2

25-Oct-23

100,000,000

NEXCHANGE BHD

HENGYUAN

HENGYUANC44

432444

Call

RM3.50

6

25- Oct-23

100,000,000

REFINING CO BHD

MY E.G. SERVICES

MYEG-C4D

01384D

Call

RM0.90

2

25- Oct-23

100,000,000

BHD

MY E.G. SERVICES

MYEG-HJ

0138HJ

Put

RM0.78

2

25- Oct-23

100,000,000

BHD

*The four Structured Warrants above will expire on 25 October 2023

The Bank is excited to offer Structured Warrants that will enable investors to gain exposure to underlying shares for a fraction of its price and the opportunity to benefit from both bull and bear markets.

President & Group Chief Executive Officer of Affin Bank Berhad, YBhg. Datuk Wan Razly Abdullah said, "The introduction of the first four series of structured warrants is a significant addition to the Bank's existing suite of investment products, offering investors an alternative to their existing investment strategies. It is part of our ongoing efforts to innovate our product offering to meet the demands of the Structured Warrants market."

In 2022, the monthly traded Structured Warrants volume in Malaysia surpassed 5 billion units, peaking at 9.67 billion units in March 2022. In addition, Structured Warrants recorded a monthly average traded value of RM1.15 billion, with a high of RM1.84 billion in June 2022.

For more information about the Bank's structured warrants, please contact our Helpdesk at +603 2146 7624 or email to warrants@affinhwang.com.

-END-

About AFFIN Group

Consisting of Affin Bank Berhad as the financial holding company of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance Berhad. AXA AFFIN General Insurance Berhad is an associate company of Affin Bank Berhad.

AFFIN Group provides a suite of financial products and services that is catered to both retail and corporate customers. The target business segments are categorized under key business units such as Community Banking, Enterprise Banking, Corporate Banking, Treasury, Investment Banking and Securities. For more information, please visit https://www.affingroup.com

For more information, please contact:

Amirah Aliah Azlan

Archanaa Vijayaraman

Assistant Manager, Strategic Communications

Assistant Manager, Strategic Communications

Contact Number: +60123688359

Contact Number: +60173850188

E-mail: amirahaliah@affingroup.com

E-mail: archanaa@affingroup.com

Sharifah Syahirah Syed Azlan

Assistant Manager, Strategic Communications

Contact Number: +60162641675

E-mail: sharifahsyahirah.azlan@affingroup.com

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Affin Bank Berhad published this content on 25 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 02:22:06 UTC.