Showing posts with label kentrade challenge ii. Show all posts
Showing posts with label kentrade challenge ii. Show all posts

Monday, November 09, 2015

A 19 year old student wins the KenTrade Trading Challenge and drives away with a Volkswagen Beetle


19 year old Mr. Sim Yu Chin drove away with a brand new Volkswagen Beetle 1.2 TSI. The student, won the KenTrade Trading Challenge II after wining the final round of the challenge - a four hour Face Off Challenge at the Bursa Malaysia Listing Gallery today. 

Imagine that. Sign up for the challenge, participate, be given RM1,000,000 in virtual money (i.e not real currency), play or trade a bit, then make sure you actually profit instead of lose money (He made over RM107,000 within the short period of time) and then someone gives you a RM135,888 car to take home. Life couldn't be better. But technically it could. As the car given is one of those never outdated, iconic type of cars like the Volkswagen Beetle. How lucky can you get? 

Anyway, money makes money. In this case, virtual money makes a student win a Beetle. Next year I wanna participate. But with my luck..... 

(L – R) Datuk Chay Wai Leong, Group Managing Director, Kenanga Group; Ms Alice Wong, PR Manager, Volkswagen Malaysia; Mr Sim Yu Chin, winner of the KenTrade Trading Challenge II; Ms Ong Li Lee, Director of Securities Market, Bursa Malaysia and Mr Lee Kok Khee, Executive Director & Head of Equity Broking, Kenanga Investment Bank.

Wednesday, September 30, 2015

Kenanga Investment Bank's KenTrade Trading Challenge II - Volkswagen as grand prize sponsor


I was over at the Curve yesterday where the KenTrade Trading Challenge II by Kenanga (“KenTrade Trading Challenge”)was officially launched.  This is Kenanga's effort to continuously create awareness and education on share trading and the market. So why am I at an Investment bank event? Well, a Volkswagen Beetle 1.2TSI is the grand prize for the challenge winner this time around. 

I managed to squeeze in a question to the people at Volkswagen at the event as regards the 'Dieselgate' issue over in the United States and the change of leadership arising out of this in Europe. They don't really have much to say as Volkswagen Malaysia sells mainly petrol powered vehicles and the issue is on its diesel powered vehicles. There is not much to be said except that whatever Volkswagen Group over in Europe says is what their stand is over here. It makes sense when the issue in question is pretty much irrelevant here.