OSK-T28 Call Warrants

OSK is offering 4 new Call Warrants (Maturity: 9 months) today and enclosed please find the Company Info for T- 28 .

Underlying------------ Stock Code------------- Exchange
SPDR® GOLD TRUST------- GLD------------------- NYSE
U.S OIL FUND ETF------- USO------------------- KLSE
CNOOC------------------ 883------------------- HSI
PBBANK----------------- 4715------------------ KLSE

Subscribers must be aware of the following:

CAUTIONS:
Subscribers bear the risk of falling markets prior to the listing of the call warrants.

Call warrant is basically a bullish instrument, which is of high risk and high returns.

Pricing variables - An adverse movement in any of a warrant’s pricing variables (underlying price, time-to-expiry, volatility, interest rate and share dividends) can have negative impact on warrant price.

Gearing risk - Effective gearing, the primary attraction of warrants, can be double-edged sword. Warrants will appreciate and depreciate in value more rapidly than underlying securities.

Limited life - Unlike stocks (underlying securities), warrants have an expiry date and therefore a limited life. Unless the warrants are “in-the-money” (underlying price is above the exercise price of the call warrant or below the exercise price for a put warrant upon expiry), the warrant will be worthless at expiry.


Time decay - Investors must be aware that other factors that being equal; the value of the warrants will decrease over time. Therefore, they should never be viewed as products that are bought and held as long term investment.