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Article: Kenanga to issue more than 3 warrants this year
- Article from:
- New Straits Times
- Article date:
- August 7, 2009
- Author:
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Jeeva Arulampalam
New Straits Times
08-07-2009
Kenanga to issue more than 3 warrants this year
Byline: Jeeva Arulampalam
Edition: Main/Lifestyle
Section: Business Times
Type: Company
KENANGA Investment Bank Bhd will look to issue more than three structured warrants this year, said its equity derivatives and structured products director Philip Lim.
"Our issuances will be based on what investors want as there is no point putting out a product that no one trades with. The current demand sees emphasis on the local market, as well as the Hong Kong and Singapore markets," he told reporters in Kuala Lumpur yesterday.
Lim said that Kenanga Investment Bank will look to issue foreign underlying call ...
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... ... shares at an offer price of RM1.18 apiece. MIMB Investment Bank Bhd is the adviser, managing underwriter and lead placement agent for the exercise while Kenanga Investment Bank Bhd is the joint underwriter and placement agent ...
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