Taylor’s University Team Wins the Bursa Malaysia National Investment Debate Challenge
The Taylor’s University debating team has been crowned winner of the inaugural Bursa Malaysia National Investment Debate Challenge in the final round of the competition, held during the Bursa Uni Day 2018 at Monash University Malaysia today. Arguing for the motion “Long Term Investing is More Profitable Than Active Trading”, the team was competing against Team Universiti Kebangsaan Malaysia for the trophy after advancing through the preliminary and semi-final rounds earlier this month.
“The Bursa Malaysia National Investment Debate Challenge is an innovative approach by Bursa Malaysia to reach out to university students to raise awareness on stock market investing and promote financial literacy among the next generation of investors. We are encouraged by the enthusiastic response from universities nationwide that have sent in debate teams to participate,” said Datuk Seri Tajuddin Atan, Chief Executive Officer of Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”).
The competition, which kicked off on 4 October 2018 at Bursa Malaysia, saw eight universities including Asia Pacific University, HELP University Damansara, Taylor’s University, Tunku Abdul Rahman University College, UCSI University, Universiti Kebangsaan Malaysia, University of Malaya and Universiti Utara Malaysia sending in debating teams to argue on topics that were all capital market-related.
The final round of the debate competition was judged by Dato’ Ahmad Azman bin Dato’ Abdul Manaf, CEO, SJ Securities Sdn Bhd & Chairman of the Association of Stockbroking Companies Malaysia; Dato’ Charon Wardini Mokhzani, Group Managing Director, Malaysian Industrial Development Finance Bhd; and, Datuk Rashid Ghazali, Advisor to Group Executive Chairman, Maju Holdings Sdn Bhd.
David Benardy, Kimberley Justine Tegjeu and Mahherrajan Narayanan from Team Taylor’s University each walked away with a cash prize worth RM1,000, which will be deposited to their respective trading accounts. Mahherrajan was also awarded Best Speaker of the competition. Meanwhile, members of the runner up team received a cash prize of RM500 each in their trading accounts.
The Bursa Malaysia National Investment Debate Challenge and the Bursa Uni Day are innovative investor education initiatives targeted at the next generation of investors under Bursa Malaysia’s wider “Invest Bursa, Invest in You” nationwide campaign to encourage Malaysians to invest in the capital market to grow the value of their savings for their future.
The Bursa Uni Day this year is co-hosted by Monash University Malaysia and saw over 2,000 undergraduates from 34 tertiary institutions nationwide registering as participants. With educational talks by market experts and professional speakers on various investment topics and other interactive activities for students to participate in, the event has established itself as an important platform for the Exchange to create conversations around understanding the stock market in a fun way and to clear misperceptions that stock investing is risky, complicated and requires a lot of capital.
The Bursa Uni Day 2018 is sponsored and supported by RHB Investment Bank Bhd, UOB Kay Hian Securities (M) Sdn Bhd, CIMB Investment Bank Bhd, Hong Leong Investment Bank Bhd, AmInvestment Bank Bhd and Inter-Pacific Securities Sdn Bhd.
“Bursa Malaysia welcomes collaborations from capital market players in our ongoing efforts to enhance investor education among the younger generation. We will look to harness the enthusiasm and interest of university and college students through targeted programmes such as the Bursa Uni Day, to create the type of conversations needed to build their knowledge, and their confidence in becoming savvy capital market investors,” said Datuk Seri Tajuddin.
In addition to the Bursa Uni Day, the Exchange champions the Bursa Young Investor Club (BYIC), an initiative in collaboration with tertiary education institutions nationwide to create a platform for students to increase their investment awareness and knowledge through personal development programmes.
To date, a total of 21 BYICs have been established across the nation. Programmes under the BYIC include leadership bootcamps, investment workshops, webinar series and the BYIC challenge game – a stock simulation game to pique students’ interest in stock market investing.
Datuk Seri Tajuddin said, “Programmes such as the BYIC, Bursa Uni Day and the debate competition help the Exchange keep a pulse on the needs and aspirations of the next generation of investors, facilitating the development of initiatives by Bursa Malaysia to ensure more impact in our ongoing efforts to create more opportunities and grow value for our future investors.”