, Malaysia

CIMB Bank offers exposure on FGV

CIMB Bank issued 3 new European Style Non-Collateralised Cash-Settled Call Warrants over the ordinary shares of Felda Global Ventures Holdings Bhd.

 

The warrants, coded Felda-C1, Felda-C2 and Felda C3, offer Malaysian investors an opportunity to gain exposure to the largest and most anticipated initial public offering in Asia this year, the bank said in a statement.

The bank said the warrants were structured to cater for investors with different investment outlook.

Felda-CJ has the lowest RM4.60 exercise price, which expires on March 29, 2013, making it suitable for investors seeking a short-term exposure.

Investors with a longer investment horizon can consider Felda-CK and Felda-CL, which expires on June 28, 2013.

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