Registration for the fourth Baiduri Capital Investment Challenge (BCIC) have now opened until 17 December 2020.

The Baiduri Capital Investment Challenge is an annual initiative undertaken by Baiduri Capital as part of its efforts to cultivate and raise awareness on investments, capital markets services and securities trading as well as support AMBD’s goal of increasing investment literacy among the general public.

In the BCIC, each team is given BND5,000 as initial capital to invest into any of the securities listed on the Singapore Stock Exchange (SGX), Malaysia Stock Exchange (BURSA), Hong Kong Stock Exchange (HKEx), China A-Shares (SSE-A) or the US Stock Exchange (NYSE MKT LLC, NYSE and NASDAQ). Any profits that were earned by the teams in the Investment Challenge were retained by them.

This upcoming Investment Challenge is open to all alumni of local higher learning institutions. Teams comprise of four members, all of whom must be 26 years old or below. This Challenge is also expected to attract more seasoned young investors who may already have some background and experience in investing.

The upcoming Challenge will officially begin in January 2021 and will last for six months, until June 2021. Throughout their investment journeys, participants will be taught the importance of learning how to invest, and break the main misconception that investing is complicated, time consuming and requires a lot of money.

Throughout their investment journeys, participants will be given direct access to licensed dealers who act as their mentors guiding them into the world of trading and investing. Previous participants have also mentioned that the access to these mentors were important towards a positive overall experience investing.

For example, Harvest Capital from Universiti Brunei Darussalam exceeded their own expectations and secured a profit of BND 4,968 at the end of the Challenge.

Nur Haziqah Jahirah binti Haji Osman, the team leader, said that her team learnt a valuable lesson in being firm with their decision, with the confidence given to them by their mentors.

She said: “Through the guidance and information provided to us by our mentors combined with our own risk appetite, we were confident to go all in and invest in just one company. That bold move fortunately paid off for us in the end.”

She added: “The mentors from Baiduri Capital helped increase our awareness on the various facets of investing as well as the different tools and services that Baiduri Capital provides for investors. Their consultation service has been a great benefit for us as new investors.”

Mr. Peng Eng Soon, General Manager of Baiduri Capital, said: “The aim of the Baiduri Capital Investment Challenge is to cultivate awareness and generate interest in financial investment and capital markets. This will be fourth time Baiduri Capital will be holding it, and we have received very encouraging feedback from past participants, some of whom have also become full-fledged investors with us.

He added: “They have shared how important it was that the Investment Challenge provided them with access to Baiduri Capital’s digital platform, which is the same tool that our investors use. The BCIC also gave them the rare opportunity to apply what they have learnt in the classroom and through their own research in a practical way. Not only that, they are able to gain real trading experience and reap the rewards from trading.”

The BCIC is open to all graduates and alumni of local higher learning institutions. The registration period is from 23 November and will close on 17 December 2020. Those interested can get in touch with Baiduri Capital at 226 8593/4 or through email at [email protected].

Established in 2015, Baiduri Capital is a wholly-owned subsidiary of Baiduri Bank, specializing in securities trading and investment products. Through its secure web-based online securities trading portal, the first in the country, customers can trade in SGX (Singapore), HKEx (Hong Kong), China A-Share, Bursa Malaysia, the New York Stock Exchange (NYSE), NASDAQ Stock Market as well as the NYSE MKT LLC (AMEX). On top of securities trading, Baiduri Capital also offers Unit Trusts, ETFs, Bonds and Investment Linked Life Insurance plans.