Kuala Lumpur, 25 September 2014 – Maybank Investment Bank Berhad (“Maybank Investment Bank”) is issuing four new European style cash-settled call warrants (“CW”) over ordinary shares of CB Industrial Product Holding Berhad (“CBIP”), Matrix Concepts Holdings Berhad (“MATRIX”), TDM Berhad (“TDM”) and Zhulian Corporation Berhad (“ZHULIAN”). The warrants will be listed on Tuesday, 25 September 2014 with an issue size of 100 million each.
This tranche provides new trading ideas focusing on companies which have just met the Bursa Malaysia Listing Requirements. Companies such as CBIP, MATRIX, TDM and ZHULIAN have seen increase in trading activity over the past few months amidst market volatility. In addition, there is only one warrant each over CBIP, MATRIX and TDM respectively to its underlying company. These warrants offer fresh opportunities for sophisticated investors to gain exposure to these companies through alternative structured warrants by Maybank IB.
TDM, which involved in palm oil plantations and healthcare broke high on 2nd July 2014 at RM1.06 before moving south and closed at 3 months low of RM0.915 due to surprisingly strong production and weaker demand from China. MATRIX, established in 1996 has been growing steadily since listing in Bursa Malaysia last year.
The call warrants have the following gearings, CBIP-CB (5.28x), MATRIX-CB (4.27x), TDM-CB (3.13x) and ZHULIAN-CF (3.11x). The tenure of all four CWs is approximately 12 months.
The terms and conditions of the above call warrants are stated in their respective term sheets and investors should read the term sheets together with the Base Prospectus dated 2 October 2013, the First Supplementary Base Prospectus dated 15 January 2014 and the Second Supplementary Base Prospectus dated 29 April 2014.