Encouraging signs in Abundance

CHEMICAL industry firm Abundance International, formerly known as Craft Print, has unique warrants in issue. Unlike most others of its kind, it is "European style'' which means it can be exercised only upon expiry.

For this reason there is a small letter "e'' next to its name in the Singapore Exchange's website. This appears as "AbundanceIn eW210130'' the numbers signifying that expiry is on Jan 30, 2021.

The instrument was issued in January this year (as part of a zero-coupon bond rights issue). This means it has a life span of four years, which again sets it apart from most others in the market that tend to come with three-year life spans.