Bangkok--28 May--Siam Commercial Bank
SCB Securities (SCBS) has introduced 16 new derivative warrants (DWs) based on underlying stocks with strong fundamentals on the SET100 to provide investors with an opportunity to invest small amounts and earn more attractive yields.
With tenors of 6 and 12 months,HANA23C1605A,ADVA23C1605A,AP23C1605A, BCP23C1605A, BH23C1605A,GFPT23C1605A,GUNK23C1605A,ICHI23C1605A,IVL23C1605A,MAJO23C1605A,PS23C1605A,SAWA23C1605A,TTCL23C1605A,JAS23C1511A, and KTC23C1511A will be offered for sale in the form of call warrants and JAS23P1511A in the form of a put warrant.
The new DWs are very attractive because their prices are lower, compared with other DWs issued based primarily on the same underlying blue-chip stocks. In other words, investors will have a chance to make smaller investments while earning higher returns. The investments will not only offer higher yields than those of common stocks, but also have lower risks than DWs issued by other companies because SCBS is given a credit rating by internationally-recognized Fitch Rating of AA- (tha) with “Stable” outlook and local short-term rating at F1+ (tha). Investors can be confident in financial instruments issued by SCBS with its reliable credit ratings and the strategic competence of its parent firm Siam Commercial Bank as witnessed by excellent retail banking management and continued sound performance results.
So far, SCBS has issued 54 call warrants and 12 put warrants, better catering to the various needs of investors. HANA23C1605A will begin trading on the SET on May 27, 2015 and the other DWs on May 29, 2015.
The call and put warrants, carefully selected based on underlying stocks with strong fundamentals, include derivative warrants for the following companies:
Call Warrants
1. Hana Microelectronics PCL (HANA23C1605A)
2. Advanced Info Service PCL (ADVA23C1605A)
3. AP (Thailand) PCL (AP23C1605A)
4. Bangchak Petroleum PCL (BCP23C1605A)
5. Bamrungrad Hospital PCL (BH23C1605A)
6. GFPT PCL (GFPT23C1605A)
7. Gunkul Engineering PCL (GUNK23C1605A)
8. Ichiton Group PCL (ICHI23C1605A)
9. Indorama Ventures PCL (IVL23C1605A)
10. Major Cineplex Group PCL (MAJO23C1605A)
11. Pruksa Real Estate PCL (PS23C1605A)
12. Srisawad Power 1979 PCL (SAWA23C1605A)
13. TTCL PCL (TTCL23C1605A)
14. Jasmine International PCL (JAS23C1511A)
15. Krungthai Card PCL (KTC23C1511A)
Put Warrant
16. Jasmine International PCL (JAS23P1511A)
In addition, SCBS will provide investors with a “Price Guideline” investment assistance tool featuring a table of buyback offers by market makers. With this tool, investors will be in a position to evaluate DW prices properly when comparing the prices of underlying stocks and the remaining tenors. Calculation is made using the Black-Scholes model under the assumptions established by market makers. DW prices will be guaranteed based on the buyback offer table under conditions set by market makers. Investors can study conditions and learn how to use the tool at www.scbs.com/DW.
Interested investors can seek additional information by calling the SCBS Call Center at 02-949-1999, or by studying additional details on the 16 DWs at www.scbsonline.com