Bursa Malaysia Stock Information

December 27, 2007

• MISC-CE: CW MISC Bhd (CIMB) - RM0.20
• GAMUDA-CE: CW Gamuda Bhd (CIMB) - RM0.225
• KLK-CF: CW Kuala Lumpur Kepong Bhd (CIMB) - RM0.218
• HSBC-C4: CW HSBC Holdings Plc (CIMB) - RM0.195
• PETROCH-C6:CW Petrochina Company Ltd (CIMB) - RM0.235

21^th December 2007

• SIME-CB: CW Sime Darby Bhd (CIMB)

17^th December 2007

• PBBANK-CF: CW Public Bank Bhd (CIMB)
• YTL-CF: CW YTL Corporation Bhd (CIMB)
• AIRASIA-CC: CW AirAsia Bhd (CIMB)
• ICBC-C6: CW Industrial and Comm Bank of China Ltd (CIMB)
• CHMOBIL-C7: CW China Mobile Ltd (CIMB)

Listed on 11^th December 2007

• APPLE-C1: CW Apple Inc (OSK)
• CHOLAND-C1: CW China Overseas Land & Inv Ltd (OSK)
• EXMOBIL-C1: CW Exxon Mobil Corp (OSK)
• PINGAN-C1: CW Ping An Insurance (Group) Co of China Ltd (OSK)

Listed on 13^th December 2007

• DIGI-CB: CW DIGI.COM Bhd (CIMB)
• KLCI-CD: CW Kuala Lumpur Composite Index (CIMB)
• MAYBANK-CG: CW Malayan Banking Bhd (CIMB)
• CHEUNGK-C2:CW Cheung Kong (Holdings) Ltd (CIMB)
• HSI-C4: CW Hang Seng Index (CIMB)

Listed on 7th December 2007

• CNOOC-C2: CW CNOOC Ltd (CIMB)
• HKEX-C6: CW Hong Kong Eexchanges and Clearing Ltd (CIMB)
• CHLIFE-C5: CW China Life Insurance Company Ltd (CIMB)
• TENAGA-CH: CW Tenaga Nasional Bhd (CIMB)
• RESORTS-CE: CW Resorts World Bhd (CIMB)

A call warrant is a derivative-based product that has a fixed tenure (maturity) and, if not exercised, is worthless after its expiry date. Therefore, it is essential to select a call warrant that has sufficient time before it expires to match investment targets.

While a call warrant is traded like a stock, it is not based on the company’s performance but the attractiveness of the company’s stock that is being traded on the stock market. It derives its value from the value of an underlying security stock.

A holder of a call warrant does not have any voting, shareholding or dividend rights. The investor therefore has no say in the management of the company, even though he is affected by any decisions made by the company that impacts the share price of the warrants.

As call warrants are somewhat volatile investment vehicle, it pays to understand some of the terms used.

• “Mother share”: The share on which the call warrant is based. It is also known as the underlying security.
• Expiry date or ex-date: This is a very important date to know, because if you do not redeem your call warrant before or on the expiry date, it ceases to exist.
• Exercise or strike price: It’s the stated price per share for which the mother share may be purchased or sold by the call warrant holder upon exercise of the call warrant contract.
• Settlement types: This means the type of settlement to warrant holders upon maturity i.e. physical-settled or cash-settled.
• Settlement price: This means a reference price determined by the market in which a Call Warrant is converted into cash value.

(more…)