Team StocksElite from the HELP University Faculty of Business, Economics and Accounting won the prestigious CIMB ASEAN Stock Challenge 2014 Grand Finale in Bangkok, Thailand, on 19 January 2015.
Representing Malaysia, the HELP team beat teams from Singapore, Thailand, Indonesia and Cambodia to become the Regional Champions.
The competition required each team to devise a strategy to conduct virtual trading of real stocks with a capital of USD100,000. The HELP team, comprising Mooi Weng Hou, Chan Kao Sem and Chia Cheok Sun, had earlier secured the championship title at the national level in Malaysia. Their trading strategy enabled them to make a 129% profit on their investments.
In the regional finals in Bangkok, they competed against four other national champs Nanyang Technological University (Singapore), Thammasat University (Thailand), Zaman University (Cambodia) and Prasetya Mulya Business School (Indonesia), and were declared winners by a panel of judges comprising Khun Siripong Sutharoj (Thailand), Dr Chakkaphan Tirasirichai (Thailand), Pak Harry Supoyo (Indonesia), Mr Alan Inn (Malaysia) and Mr Song Seng Wun (Singapore).
The win carries a cash prize of USD12,000 which will be shared among the team members.
Commenting on this latest achievement by HELP students, Dr Paul Chan, President and Vice-Chancellor of HELP University, said:
“This is indeed an exemplary success story of persistence and the fighting spirit. Dedication and commitment, disciplined coaching and the right team spirit ensured our success. The fact that HELP was always among the top contenders shows the consistency in the quality of our academic and professional standards.”
Exuding confidence, the HELP team (Mooi Weng Hou, Chia Cheok Sun and Chan Kao Sem) present their stock trading strategy to the audience and judges.
The HELP team answers questions from the judges with confidence and clarity.
The HELP Champion Team (centre: Chan Kao Sem, Mooi Weng Hou, Chia Cheok Sun) poses with HELP President Datuk Dr Paul Chan, CEO Datin Chan-Low Kam Yoke, Mr Adam Chan, Director of Corporate Planning (extreme left) and senior staff of HELP’s Business Faculty.
The team members’ parents made a special trip to Bangkok to provide moral support – the result fully justified their decision.