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Terms and Conditions

By registering via the Submission Form as a participant of the Baiduri Capital Investment Challenge 2019 (the "Competition"), organised by Baiduri Capital Sdn Bhd (the "Organiser"), each participant agrees to accept these terms and conditions including the rules of the Investment Challenge and expressly agrees that he / she will be bound by these terms and conditions in all dealings and interactions with BC in relation to the Competition.

 

Rules of Investment Challenge

Duration

  • The Competition starts on 7th October 2019 and ends on 7th April 2020 (both dates inclusive).

Eligibility and Rules of Participation

  • The Competition is only open to undergraduates of the following local higher learning institutions in Brunei: Universiti Brunei Darussalam (UBD) and Universiti Teknologi Brunei (UTB).
  • The maximum number of teams for this Competition is ten (10).
  • Each team must have four (4) members.
  • Each team must elect a team leader who will be responsible for liaising with the Organiser in matters relating to the Investment Challenge.
  • Each team will require to register through online Submission Form and take an assessment test administered by the Organizer.
  • All teams must complete the Submission Form via online by 8 September 2019.
  • The final ten teams will be determined by the Organizer based on evaluation of test result such as commitment to trade throughout the competition and expectation as an investor.

Prerequisites

  • All team members are required to attend a briefing prior to the start of the Competition.
  • Topics of the briefing include the types of securities, risks vs return concept and rules and sample game flow of the Investment Challenge.
  • Each team must provide a unique team name which cannot be similar to names of the other teams.
  • Each team must provide a designated email address for the purpose of Trading Account opening and dissemination of information.
  • All participants must ensure to actively check on the emails for dissemination of information from the organizer.

Mechanics

  • Each team will receive a startup capital of BND5,000.
  • Teams are allowed to purchase any securities listed on Singapore Stock Exchange (SGX), Malaysia Stock Exchange (BURSA), Hong Kong Stock Exchange (HKEx), China A-Shares (SSE-A) and U.S Stock Exchange (NYSE MKT LLC, NYSE & NASDAQ).
  • Teams can only place order during the trading hours of the various exchanges.
  • All remaining securities in the portfolio must be sold before the end of the Investment Challenge by the participants.

Prizes

  • Teams will be awarded with gains from the investments made at the end of the Competition i.e. any amount in excess of the initial Investment amount of BND5,000.
  • Any proceeds from the competition will be awarded to the respective team.
  • Each team member will receive a Certificate of Participation from Baiduri Capital.
  • Winners will be contacted to participate in the prize giving ceremony.

Prize Giving

  • Date and venue for the prize giving ceremony will be notified by the Organiser in due course.

Disclaimer

The use of information provided by Baiduri Capital Sdn Bhd is at participants’ own discretion and risk. Baiduri Capital Sdn Bhd shall have no responsibility or liability for any damage to your computer system or loss of data that results from the download of any content, materials, information or software or from improper use of the software, nor do we guarantee that the information and server delivering it are free from viruses.

While Baiduri Capital Sdn Bhd has no reason to believe that there are any inaccuracies or defects in the content of the information, Baiduri Capital Sdn Bhd makes no representation and gives no warranty express or implied with regard to the information contained in or any part of the information including (without limitation) the fitness of such information or part for any purposes whatsoever and Baiduri Capital accepts no liability for loss suffered or incurred by participants as a result of their reliance on the information.

All information is provided on an "as-is" basis for informational purposes only, and is not intended for actual trading purposes or market advice

In no circumstances will Baiduri Capital be liable to the participants for any loss resulting from a cause over which Baiduri Capital does not have direct control, including but not limited to failure of electronic or mechanical equipment or communication lines, telephone or other connection problems, unauthorised access, theft, or operator errors.

This Competition is set to provide a basic understanding of investments and is, by no means, an endorsement to the participant that they are qualified traders. In an actual investment, there may be various factors which need to be considered which may not be covered in this competition. Please seek professional consultation with financial advisors or securities dealers who are licensed with AMBD for investment advice.