Singapore investors set to lose all in Pinnacle Notes

Structured Products, 14 Nov 2008

Investors in Singapore who bought Pinnacle Performance Notes Series 9 and 10, structured products arranged by Morgan Stanley, are set to lose their entire investment after a mandatory redemption event occurred. The total issue size of the Pinnacle Notes Series 9 and 10 was S$26 million, sold to about 700 retail investors.

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