UTAR Wins Top Campus Prize in OSK Investment Challenge

Twenty students from Universiti Tunku Abdul Rahman (UTAR), Kuala Lumpur Campus used their investment skills which they had just learnt and won top campus prize in OSK Investment Challenge.

According to the organiser, OSK Investment Bank Berhad (OSK), the Kuala Lumpur Campus secured top place in the Campus category with the highest combined portfolio value from 20 students of the campus, winning a computer lab and equipment worth RM100,000. In addition, the 20 students each received an iPod Nano. Prize presentation ceremony was held in a hotel in Kuala Lumpur on 14 October 2010.

The 20 students who contributed to the winning of the prize were Bong Hui Chin, Bong Tin Long, Chew Way Jan, Chua Wei Kiang, Chuah Aik Sheng, How Meng Teik, Lee Meng Fatt, Lee Sze Mei, Lee Yong Hong, Ling Siang Sheng, Ng Chi Hwa, Ng Weng Chiat, Ooi Lip Khun, Sim Ken Yang, Tan Kuen Keong, Tee Kit Siang, Teng Kai Wea, Yap Chun Liang, Yap Yee Wen, and Yong Kok Jeng.

OSK is a regional investment banking group which offers a wide range of financial products and services for corporate and retail clients such as corporate finance, treasury, derivatives and structured products, unit trust management, asset management and Islamic banking.

The investment bank held a seven-week-long online stock trading competition OSK Investment Challenge (OSKIC) from 16 August to 1 October 2010. It was opened to all students of local institutions of higher learning. More than 29,000 participants from 592 institutions of higher learning have registered for the competition.

For this competition, OSK had created a system allowing participants, who were each allocated a virtual capital of RM100,000, to trade online based on actual real-time stock prices of Bursa Malaysia. Through this, the participants were able to learn trading fundamentals such as investing basics, financial objectives, risk management strategies, market trends, etc. Prizes went to participants with the highest portfolio values.

Other prizes given out were the three individual prizes and the 14 weekly prizes. UTAR Actuarial Science student Ling Siang Sheng won a weekly prize.

UTAR Perak Campus was ranked fifth in the Campus category.



UTAR top-portfolio holders with the winning trophy

 


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