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Published by Afterschool.my on Dec 02, 2015, 05:28 pm
Beacon of UCSI University is among five champions at the recent CIMB Asean Stock Challenge 2015.
Beacon of UCSI University joins other university groups in a challenge on stock trading for undergraduates in five Southeast Asian countries, namely Cambodia, Indonesia, Malaysia, Singapore and Thailand. The regional champion will stand a chance to go to the London Stock Exchange.
The challenge, in its sixth edition, was organised by CIMB Group Holdings Bhd and rewards prizes worth a total of US$38,000 in cash to the university team with the best trading strategy. This is also seen through the highest net realised percentage from simulated trading based on real time prices such as on Bursa Malaysia, the Indonesia Stock Exchange, Singapore Exchange, the Stock Exchange of Thailand and the Hong Kong Stock Exchange.
The five national champion teams will meet for the regional finals on January 18 next year to compete for the regional champion title.