| Underlying | AMAT + ASML |
| Type | Basket Autocallable |
| Settlement | Basket Autocallable-Quanto, MYR settlement |
| Strike | 100.0% |
| Knock-Out | 105.0% |
| Knock-In | 70.0% |
| Coupon | 13.5% p.a. |
| Tenor | 9 months |
| Trade Date | 8 Oct 2026 |
| Sales Open | 2 Oct 2026 |
| Sales Close | 7 Oct 2026 |
| Min Investment | USD 50,000 |
| KO Stepdown | 3.0% / monthly |
At any monthly observation, if the worst-performing stock (worst-performing stock in the basket) closes at or above 105.0% of strike, the note is called early. You receive full principal + accumulated 13.5% p.a. coupon.
The worst-performing stock never breaches 70.0% of strike during the tenor, and never triggers KO. At maturity, you receive full principal + 13.5% p.a. coupon.
The worst-performing stock drops below 70.0% of strike at any point during the tenor, triggering knock-in. At maturity, if the worst-performing stock is still below 100.0% of strike, you receive shares (or cash equivalent) at the depressed price. Capital loss possible.
| Observation | KO Level |
|---|---|
| Month 1 | 105.0% |
| Month 2 | 102.0% |
| Month 3 | 99.0% |
| Month 4 | 96.0% |
| Month 5 | 93.0% |
| Month 6 | 90.0% |
| Month 7 | 87.0% |
| Month 8 | 84.0% |
| Month 9 | 81.0% |
This is a 2-stock basket autocallable. All knock-out and knock-in observations are based on the worst-performing stock in the basket at each observation date.
Even if 1 of the 2 stocks are performing well, a single underperformer can prevent knock-out or trigger knock-in. The higher coupon compensates for this additional risk.
Leading semiconductor manufacturing-equipment supplier across deposition, materials engineering and advanced packaging. AI, HBM and leading-edge foundry investment support equipment demand, while earnings and semiconductor-capex cycles can still create material price volatility.
Monopoly supplier of extreme ultraviolet lithography machines — every leading-edge chip manufactured globally requires ASML equipment. No credible competitor exists for EUV technology; pricing power is structural. AI-driven semiconductor capex boom is translating directly into record equipment order books.