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 As the car given is one of those never outdated, iconic type of cars like the Volkswagen Beetle.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.

PRESS RELEASE
Student Wins A Volkswagen Beetle In The KenTrade Trading Challenge By Kenanga 

Share Trading Challenge ends with Live! Face Off Challenge at Bursa Malaysia

(L-R) Ms Alice Wong, PR Manager, Volkswagen Malaysia, Datuk Chay Wai Leong, Group Managing Director, Kenanga Group and winner Mr Sim Yu Chin

KUALA LUMPUR, 9 NOVEMBER 2015: Kenanga Investment Bank Berhad (“Kenanga Investment

Bank”) completed its KenTrade Trading Challenge II (“KenTrade Trading Challenge”) today after hosting

an intensive four hour Face Off Challenge at the Bursa Malaysia Listing Gallery.

Mr Sim Yu Chin (19), from the student category was announced the grand winner of the Face Off

Challenge winning a brand new Volkswagen Beetle 1.2 TSI worth RM135,888.00, sponsored by

Volkswagen Malaysia. Supported by Bursa Malaysia Berhad (“Bursa Malaysia or the Exchange”), the

KenTrade Trading Challenge was designed to simulate real life trading and was based on real time

market data from the local bourse. It was initiated via Kenanga Investment Bank’s online trading portal

KenTrade in efforts to continuously create awareness and education on share trading and the market.

A repeat Challenge participant Mr Sim said. “Words can’t describe how I felt when they announced I was

the winner. It took me a few seconds to convince myself that I actually won the Volkswagen Beetle. I just

couldn’t believe it. In the last round, I realised that I was among the top five but knew that one wrong

decision, I could be knocked off the leaderboard. I’m glad that I decided to join the KenTrade Trading

Challenge as it gave me the perfect opportunity to be able to experience online trading and the

opportunity to test out some of my ideas in terms of strategy. It also gave me the confidence to look into

actually trading on the stock market. Thank you, Kenanga, for the experience and Volkswagen Malaysia.

I’m so excited to be driving home with a Volkswagen Beetle!”

Mr Sim together with 19 other finalists from both the public and student category achieved the highest

percentage portfolio growth* in the preliminary round which ran for four weeks from 1 to 30 October 2015.

The Face Off Challenge saw three finalist emerge as leaderboard winners:

Grand Prize
 Mr Sim Yu Chin Volkswagen Beetle 1.2TSi (RM135,888)

1 year unlimited online trading brokerage

1 year The Star ePaper subscription


1st Runner Up
Mr Lam Jun Wah
RM3,000 cash in trust account

1 year unlimited online trading brokerage

1 year The Star ePaper subscription


2nd Runner Up 
Mr Mooi Weng Hou
 RM2,000 cash in trust account

1 year unlimited online trading brokerage

1 year The Star ePaper subscription

According to Datuk Chay Wai Leong, Group Managing Director of K & N Kenanga Holdings Berhad, the

Trading Challenge is designed to promote online share trading on Bursa Malaysia and to demystify share

trading. “The response from the public at large reaffirmed our commitment that this was the right way to

create interest in share trading. Last year Kenanga received more than 12,000 entries, exceeding our

initial target. This year, KenTrade Trading Challenge II received more than 18,000 entries. The return of

its sponsors complemented with the introduction of three new sponsors is a testament to the KenTrade

Trading Challenge’s success,” added Datuk Chay.

Dato’ Tajuddin Atan, Chief Executive Officer of Bursa Malaysia said, “My heartiest congratulations to the

Kenanga Investment Bank team for another successful retail campaign. The gamification approach is one

that we have applied successfully and this fact is further reinforced by the feedback the team has

received. I understand that most of the players have not only learned how to trade, but are now able to

read technical charts and apply trading strategies. This progress is what we need in the retail space and

Bursa Malaysia congratulates the Kenanga team for creating this valuable experience that will spur

investors on their trip-to-trade. Bursa Malaysia looks forward to supporting more similar campaigns.”

Mr. Armin, Managing Director, Volkswagen Malaysia said, “We would like to congratulate Mr Sim on his

win today. Volkswagen Malaysia is pleased to participate in the KenTrade Challenge II for the second

consecutive year and though we are not listed on the stock market in Malaysia, we can’t miss out on this

opportunity to encourage youths to participate. What better prize that than our iconic Beetle which is fun,

young and energetic? Just like the KenTrade Challenge. We are confident that the smooth drive and

performance of the iconic Beetle will complement his/her win as he/she drives home today a winner.”

The original Beetle was first unveiled here in Malaysia in the 1950s, quickly becoming a cult favourite and

an icon. Today, after more than half a century of bringing happiness and creating memories for

Malaysians, the Beetle has evolved to suit modern needs but still remains an icon of popular culture

The Beetle comes with a 1.2l TSI direct petrol injection turbocharged engine which gives excellent

acceleration performance yet still has remarkable fuel consumption with 5.9 litres/100km (or 16.9km/litre)

on the combined cycle. As with all Volkswagen vehicles, driver and passenger safety is always a priority

with a host of uncompromising safety features, resulting in the Beetle receiving the highest possible Euro



During the prize presentation, 24 participants from the weekly challenge were also awarded with prizes

ranging from electronic devices - Fitbit Charges (1st place) and Western Digital Passport Ultra hard disks

(2nd Place) to cash vouchers (3rd place) courtesy of RadioShack Malaysia and KenWealth respectively,

who are new sponsors to this year’s line-up. The weekly prize winners were determined based on the

percentage portfolio growth* for the week.

KenTrade by Kenanga Investment Bank is a trading portal for clients to buy and sell equity shares online.

The portal enables users to make informed investment decisions for online trading through customised

viewing based on preference, fundamental financial data, charting tools, account management, market

data and also research reports.

For more information on trading online with Kenanga, please visit www.KenTrade.com.my.

* Growth is defined as profit, unrealized profit and cash balance.

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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. 

So back to the KenTrade challenge and what is it actually- The challenge is quite straightforward - Supported by Bursa Malaysia Berhad (“Bursa Malaysia”), KenTrade Trading Challenge participants will be given RM1 million virtual money (wish it were real) to trade from 1 to 31 October 2015. Participants can opt to participate in the student or public category and will be tasked to perform a minimum of five buy or sell transactions as well as trade at least three different counters listed on Bursa Malaysia during the Challenge period. The top 10 participants from each category who achieve the highest percentage portfolio growth* will win the coveted seat at the Face Off Challenge and vie for the grand prize of a Volkswagen Beetle 1.2 TSI worth RM135,888. The Face Off Challenge will be an intense four hour trading period at Bursa Malaysia’s Listing Gallery on the 9th of November 2015.

Supporting the KenTrade Trading Challenge are returning sponsors Bursa Malaysia, Volkswagen Malaysia, Star Media Group Berhad, EquitiesTracker.com and ChartNexus Sdn Bhd. Joining the lineup this year, Kenanga Investment Bank welcomes its partnership with “RadioShack Malaysia (owned by Berjaya RadioShack Sdn Bhd)”, KenWealth and NetInfinium Solutions Sdn Bhd.

PRESS RELEASE

FOR IMMEDIATE DISSEMINATION

Kenanga Brings Back KenTrade Trading Challenge – II

Grand Prize Winner To Drive Away With A Volkswagen Beetle TSI

KUALA LUMPUR, 30 SEPTEMBER 2015: Kenanga Investment Bank Berhad (“Kenanga Investment Bank”) has announced the return of KenTrade Trading Challenge by Kenanga (“KenTrade Trading Challenge”) in its efforts to continuously create awareness and education on share trading and the market.

According to Datuk Chay Wai Leong, Group Managing Director of K & N Kenanga Holdings Berhad, the Trading Challenge is designed to promote online share trading on Bursa Malaysia and to demystify share trading. “The KenTrade Trading Challenge II will be quite interesting this year given the current market climate. The investment strategy executed will be very important in order for portfolio growth to be substantial and to yield a higher portfolio growth. An added benefit to the KenTrade Trading Challenge is the opportunity for new investors to test trading strategies digitally using virtual cash.

“Testament to the success of last year’s KenTrade Trading Challenge was the return of its sponsors complemented with the introduction of three new sponsors. The response from the public at large reaffirmed our commitment that this was the right way to create interest in share trading. Last year Kenanga received more than 12,000 entries, exceeding our initial target. This year, KenTrade Trading Challenge II received almost 14,000 entries and the number continues to grow,” added Datuk Chay.

Dato’ Tajuddin Atan, Chief Executive Officer of Bursa Malaysia Berhad said “I commend Kenanga on the hosting of the KenTrade Trading Challenge and their efforts in drawing new investors into the capital market.  Now in its second year, the Kentrade Trading Challenge shows that gamification is indeed a useful method to engage with different segments and make share trading even more appealing.  Initiatives such as this are unique in that they give investors the experience of trading without investing real money, promoting financial education in a risk-free environment.  I look forward to further initiatives from Kenanga and our other brokers in the near future.”

Supported by Bursa Malaysia Berhad (“Bursa Malaysia”), KenTrade Trading Challenge participants will be given RM1 million virtual money to trade from 1 to 31 October 2015. Participants can opt to participate in the student or public category and will be tasked to perform a minimum of five buy or sell transactions as well as trade at least three different counters listed on Bursa Malaysia during the Challenge period. The top 10 participants from each category who achieve the highest percentage portfolio growth* will win the coveted seat at the Face Off Challenge and vie for the grand prize of a Volkswagen Beetle 1.2 TSI worth RM135,888. The Face Off Challenge will be an intense four hour trading period at Bursa Malaysia’s Listing Gallery on the 9th of November 2015.

This time round, KenTrade Trading Challenge participants will also be able to win prizes on a weekly basis ranging from electronic devices to cash vouchers. Weekly prize winners will be determined based on the percentage portfolio growth* for the week. There will be no repeat winners for the Weekly Challenge. This means that participants who join the Challenge in its second week, will still stand the chance of winning one of six weekly prizes up for grabs. Each week’s prizes will be awarded to different participants thereby allowing for more winners during the Challenge.

Supporting the KenTrade Trading Challenge are returning sponsors Bursa Malaysia, Volkswagen Malaysia, Star Media Group Berhad, EquitiesTracker.com and ChartNexus Sdn Bhd. Joining the lineup this year, Kenanga Investment Bank welcomes its partnership with “RadioShack Malaysia (owned by Berjaya RadioShack Sdn Bhd)”, KenWealth and NetInfinium Solutions Sdn Bhd.

Mr. Armin, Managing Director, Volkswagen Malaysia said, “We return for the second year as we believe in sustainable partnerships that help us create strategic platforms that speak effectively to our target audience. The first installation of KenTrade Trading Challenge was enthusiastically received and we are confident that this year will be even better than the last. In celebration of this partnership, this year we have decided to give out a Beetle as the grand prize. You would have seen this 1.2l TSI engine car showcased on the KenTrade Trading Challenge truck going around town.”

The original Beetle was first unveiled here in Malaysia in the 1950s, quickly becoming a cult favourite and an icon. Today, after more than half a century of bringing happiness and creating memories for Malaysians, the Beetle has evolved to suit modern needs but still remains an icon of popular culture among the people.

The Beetle comes with a 1.2l TSI direct petrol injection turbocharged engine which gives excellent acceleration performance yet still has remarkable fuel consumption with 5.9 litres/100km (or 16.9km/litre) on the combined cycle. As with all Volkswagen vehicles, driver and passenger safety is always a priority with a host of uncompromising safety features, resulting in the Beetle receiving the highest possible Euro NCAP 5-star rating.

KenTrade by Kenanga Investment Bank is a trading portal for clients to buy and sell equity shares online. The portal enables users to make informed investment decisions for online trading through customised viewing based on preference, fundamental financial data, charting tools, account management, market data and also research reports. Markets that are available to be trade on via KenTrade are Bursa Malaysia, Hong Kong and Singapore.

To participate in the Trading Challenge, please register at www.KenTrade.com.my.

* Growth is defined as profit, unrealized profit and cash balance.

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*year to date based on Bursa Malaysia's Participating Organisations Trading Summary

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