Taylor’s University wins Bursa Malaysia debate
TAYLOR’S University emerged as the champion in Bursa Malaysia Bhd’s National Investment Debate Challenge 2019 after defeating International Islamic University Malaysia (IIUM), where its team contended for the motion “Market sentiment affects share prices more than business performance”.
Aiman Zuhaily Iwan Azlan, Deepan Ramanesh Kumar and Mahherrajan Narayanan of Taylor’s University walked away with RM9,000. IIUM, as the first runner-up, received RM6,000.
The Best Speaker Award went to Arsyad Asyl Romil of IIUM, who won over the judges and audience with his substantive argument, articulation and poise.
The National Investment Debate Challenge 2019 saw 16 teams from 12 universities nationwide engaging in a verbal contest on a spectrum of topics related to investment and the capital market.
Besides Taylor’s University and IIUM, the other two institutions that made it to the semifinals on Saturday were Asia Pacific University and Inti International College Penang.
Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the debate was one of Bursa Malaysia’s financial literacy initiatives targeted at future investors, designed to stimulate interest, discussion and research.
“We designed the debate topics to be high-level and challenging, with the aim of giving students the motivation to understand the many facets of investing, and recognise how the right knowledge can help them grow wealth in the capital market responsibly,” he said.
“Our experience in organising this event also indicates to us that financial literacy can be more effective when driven in collaborative effort by all parties including the regulators, industry players and the education sector.”
In addition, Umar said Bursa Malaysia would be launching a first-of-its-kind “Mirror, Learn and Trade” platform on Bursa Marketplace later this month, offering investors a firsthand opportunity to learn how licenced investment advisers manage and strategise a stock portfolio.
The National Investment Debate Challenge, which kicked off in conjunction with World Investor Week, was an annual competition designed for undergraduates. The challenge offered a total prize of RM21,000 sponsored by CGSCIMB Securities Sdn Bhd, Affin Hwang Capital, Maybank Investment Bank Bhd and Hong Leong Investment Bank Bhd.
Bursa Malaysia also supports the Bursa Young Investor Club (BYIC), an initiative in collaboration with tertiary education institutions to create a platform for students to increase their investment awareness and knowledge through personal development programmes.