General Announcement::News Release: SMU and NUS students win nationwide stock pitch competition

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Mar-2016 17:54:17
Status
New
Announcement Sub Title
News Release: SMU and NUS students win nationwide stock pitch competition
Announcement Reference
SG160315OTHRJR0W
Submitted By (Co./ Ind. Name)
Ho Lily
Designation
AVP, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Three teams from Singapore Management University (SMU) and National University of Singapore (NUS) have beaten their peer to emerge as winners of this year's NUS-SGX Stock Pitch Competition finals held last night in Singapore Exchange's (SGX) auditorium.

The top winner was the SMU team of four finance undergraduates who made a pitch on Global Logistic Properties. The first runner-up was another SMU team of four accountancy, finance and information system undergraduates who covered Cordlife, while the second runner-up was an NUS team of four finance undergraduates who pitched for Singapore Airlines.

The NUS-SGX Stock Pitch Competition - a nationwide stock pitching competition - is designed to give tertiary students a peek into the equities research industry. During the competition, students can demonstrate their stock picking and pitching skills to a panel of experienced industry professionals. This is the first year SGX is co-sponsoring this competition, which was organised by the NUS Investment Society for the 3rd year running.

The judges included Andy Sim, Senior Vice President, DBS Equity Research, June Zhu, Executive Director, Global Investment Research, Goldman Sachs, Professor Hon Sing Lee, Senior Finance Lecturer, NUS Business School, Lynn Gaspar, Head of Retail Investors and Intermediaries, SGX, and Th'ng Beng Hooi, SGX Academy Trainer.

The competition challenges participants to prepare and submit in just five days an investment report setting out the "buy/sell/hold" recommendation on a single stock over a one-year investment time horizon. The final eight teams that were selected based on the quality of their reports were then given 48 hours to prepare the pitch presentation. The intensity of the competition was aimed at simulating the fast-paced and demanding work environment of investment analysts and asset managers. The teams were judged based the quality of the analyses, presentation delivery and responses during the question and answer session.

A record 81 teams from Nanyang Technological University, NUS, Singapore Institute of Management, SMU and Temasek Polytechnic signed up for the competition.

Lynn Gaspar, Head of Retail Investors and Intermediaries, SGX, said, "My fellow judges and I were impressed by the breadth of the analysis, extensive use of valuation techniques, and compelling stock pitch presentations put up by the finalists, many of whom have already started investing. SGX is for informed investment decisions, and in recent years we have been partnering universities in events and learning initiatives targeted at undergraduates. It is fantastic to see the students applying the financial skills they have learnt in school to company and investment analysis. We hope this competition will inspire them to consider the stock market both for their career in future, and in their personal investment."

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