AA Group warrants: unique because they're not listed
ONE of the main appeals of warrants is the gearing they offer - if the underlying shares rise or fall by a certain percentage, the effect is magnified in the associated warrants because of the gearing and therefore traders can earn a higher return.
This week's feature however, is unique because it is a warrant that is not listed. Odd though this may seem, such instruments have been around for a while and the reason for their use will be discussed later.
The latest unlisted warrant was issued by AA Group, which is a company based in Sungei Petani in Kedah that specialises in cold forging technology to make high precision metal sheet parts used in hi-fi loudspeakers such as those sold by famous names such as Bose and Blaupunkt.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Starbucks points to weaker consumer as profit falls
Trump social media firm's rising shares pressure short-sellers: S3
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions