Bangkok--Nov 16--SET
An engineering student from King Mongkut’s Institute Of Technology Thonburi and a new graduate from Bangkok University went home with their victories from the investment simulation game at “SET in the City 2004” and THB100,000 in prizes each.
Mr. Sornkawee Puranachoti, SET’s Senior Vice President-IT division, revealed the results from the investment simulation game at “SET in the City 2004”, just held November 11-14 at Queen Sirikit National Convention Center. The first winner was 21-year-old Mr. Kittipong Pisutcharoenpong, who is currently studying at the faculty of engineering at King Mongkut's University Of Technology Thonburi. The total return on his investments was THB2,020,341.06.
The other winner was 23-year-old Mr. Rungroj Kuljanapongpan, a financial management graduate from Bangkok University. The total return on his investments was THB2,019,028.23. Both winners received a THB100,000 prize.
The first runner-up was 27-year-old Mr. Montri Suwanpintha, an employee at TOA Paint (Thailand) Co., Ltd., who received a Dell notebook computer model D600 worth THB99,000.
The investment simulation was to allow members of the public and investors a chance to practice their trading skills and to execute trade orders by themselves, as well as to practice the analytical skills necessary for making good stock investment decisions. Each candidate originally received an initial budget of THB2,000,000. The organizing team prepared 200 computer monitors to accommodate all competitors.
“This year, the SET better prepared itself to cope with the game, in terms of online trade stability. Settrade.Com helped us set up all necessary Internet connections, so that we were able to handle the competition efficiently. We had also already prepared all information that would possibly have been required by the contestants”, Mr. Sornkawee related.
Prior to each round of the game, the organizing team held a briefing on “Tips to Win the Investment Simulation” for all competitors, to provide them with adequate information and advice on trading practices and all related regulations.
The investment simulation game at “SET in the City 2004” welcomed 5,000 contestants, of which 200 passed through to the final round. At the end of each round, the 8 contestants with the highest returns were advanced to the final round of competition on November 14, 2004.
The prizes for the winners were 2 funds for investment in stocks, each worth THB100,000. These funds were provided by Kiatnakin Securities Co., Ltd. and Kim Eng Securities (Thailand) Plc. The other prizes included a Dell Latitude D600 Notebook, worth THB99,000 from Dell Corporation (Thailand) Co., Ltd.; an IBM ThinkPad R51 Notebook, worth THB52,000 from IBM Thailand Co., Ltd.; and a model HP iPAQ h6365 Pocket PC worth THB26,900 from Hewlett Packard (Thailand) Co., Ltd.
For more information,
please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 End.