Bangkok--8 Dec--Hill & Knowlton
Phatra Securities Public Company Limited is now ready to issue Derivative Warrants for PTT Public Company Limited on 9 December 2010, offering new investment options at a time of highly fluctuating markets and highlighting the company’s commitment to bringing new benefits to customers by continually expanding its products and services.
“We believe that increasing stock prices will see the bond and investment market fluctuate even more in 2011 than it has this year,” said Mr Tanavatt Bhanijkasem, Managing Director, Head of Equity & Derivatives Trading Group, Phatra Securities Public Company Limited. “As such, Phatra sees the issuing of derivative warrants as an important new investment method that can generate profit and valuable return to investors even during an oscillating market.”
“Following extensive planning and preparation, Phatra is now ready to issue derivative warrants to market, starting with those of PTT Public Company Limited - both call and put warrants - with a time to maturity of approximately 6 months from issue date. These warrants have an exercise rate of 50 warrants to 1 common stock, with a price of 300 baht available from 9 December 2010 onwards,” added Mr Tanavatt.
Phatra also has plans to regularly issue further derivative warrants each month. However, in order to protect investors and the industry in the long-term, sufficient space will be provided between each new launch so that financial investment specialists can closely monitor their warrant price movement in line with reference stock.
For more information please contact:
Ms Gunyapak Kothum
Phatra Securities Pcl.
Tel. 02 305 9408
Ms Orawee Wiriyathananon
Hill & Knowlton Thailand
Tel. 02 627 3501 Ext. 221