Bangkok--15 Jul--SCB
SCB Securities (SCBS) has introduced nine new derivative warrants (DWs) based on underlying stocks with strong fundamentals on the SET50 to provide investors with an alternative channel for investment portfolio management during a time of market volatility.
Of these, one DW (SVI23C1607A) is offered for sale in the form of a call warrant and the other eight DWs are offered in the form of put warrants: AOT23P1601A, BBL23P1601A, INTU23P1601A, KBAN23P1601A, PTT23P1601A, PTTE23P1601A, SCC23P1601A, and TRUE23P1601A.
These DWs are very suitable for investors if they want to manage their investment portfolio for higher yields as the stock market is expected to continue fluctuating in the second half of this year.
With tenors of 6 months and 12 months respectively, the put and call warrants are issued in place of previous issues with near-end tenors. So far, SCBS has issued 54 call warrants and 12 put warrants better catering to the various needs of investors. The new DWs have already begun trading on the Stock Exchange of Thailand.
SCBS is also providing 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 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.
The call and put warrants, carefully selected based on nine underlying blue-chip stocks, include derivative warrants for the following companies:
Call Warrants
1. SVI PCL (SVI23C1607A)
Put Warrants
2. Airports of Thailand PCL (AOT23P1601A)
3. Bangkok Bank PCL (BBL23P1601A)
4. Intouch Holdings PCL (INTU23P1601A)
5. Kasikornbank PCL (KBAN23P1601A)
6. PTT PCL (PTT23P1601A)
7. PTT Exploration and Production PCL (PTTE23P1601A)
8. Siam Cement PCL (SCC23P1601A)
9. True Corporation PCL (TRUE23P1601A)
Investors can have confidence in financial instruments issued by SCBS because global ratings agency Fitch Ratings has maintained a national long-term rating for the company at AA- (tha) with Stable Outlook and a national short-term rating of F1+ (tha). This reflects the trustworthiness and efficiency of SCBS performance and the strategic competency of its parent Siam Commercial Bank, particularly in its retail customer base and sound performance results.
Interested investors can seek additional information by calling the SCBS Call Center at 02-949-
1999, or by studying additional details on the nine DWs at www.scbsonline.com or ww.scbs.com/DW