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Saturday, October 18, 2008

Invest Expo 2008 comes at the right time

With volatility and uncertainties in the stock market, organisers of Invest Expo 2008 believe it is timely to equip retail investors with the knowledge needed to invest wisely.

The event, held at the Kuala Lumpur Convention Centre and ending today, is organised by Malaysian Investor Relations Association (MIRA) and ShareInvestor.

"We are not asking anyone to invest now, or anytime, but at least they can get exposure and learn about the different things that are out there," Malaysian Investor Relations Association chairman Datuk Justin Leong said in Kuala Lumpur yesterday.

LEONG: Participants can get exposure and learn about different things

The local stock market benchmark index, Kuala Lumpur Composite Index, has plunged by more than 37.4 per cent this year, and 17.7 per cent over the past seven weeks.

Investors were worried that the global financial crisis could not be resolved, and recession could hit most parts of the globe.

"Whichever strategy investors may adopt, they must be aware that market volatility is part and parcel of a stock market. Therefore, savvy but cautious investors need to have sufficient information and investing knowledge to be able to identify the various opportunities and threats," said Bursa Malaysia chief market operations officer Devanesan Evanson.

The Invest Expo 2008 features 25 exhibitors, consisting of banks, stock-brokerage companies, fund houses, land and property investment houses, alternative investments firm, as well as public-listed companies.

There will be about 40 seminars over the two-day period. The seminars, which start as early as 10am and end at 5.30pm, will include topics like "4th Quarter Outlook" by CIMB Investment Bank Bhd vice president (research) Nigel Foo Chek Keng; "China, We are Ready!" by OSK UOB Unit Trust Management Bhd vice president Edwin Lee Wai Kidd; and "Real Estate Investment Opportunities in Western Canada" by Edgeworth Properties (M) Sdn Bhd marketing manager Chris Tan.

The platinum sponsors of the event are Bursa Malaysia, CIMB and OSK Investment Bank Bhd.

By New Straits Times (by Goh Thean Eu)

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