Winner
Based on the closing FBMKLCI on 26 November 2012 of 1607.88, and using the method described below, we have a winner!
Congratulations wanleng! You are the winner of RM100 cash prize.
Method to Determine the Winner
The competition winner will be selected using a fair and transparent method.
The winner will be determined based on the closing FBMKLCI on Monday 26 November 2012 as follows:
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Take only the 2 digits after the decimal point, and lets say this 2-digit number is X.
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Divide X by 11, take the remainder and add 1.
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From the number obtained in Step 2, match it with the rank on the Honour Roll to decide the winner.
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In the event X is "00", no winner is declared. The closing FBMKLCI on the next trading day is used instead until a winner is found eventually.
Using the closing FBMKLCI on 19 November 2012 as an example to illustrate the above method:
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The closing FBMKLCI on 19 November 2012 was 1,623.31. X is therefore 31.
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Divide 31 by 11 gives a remainder of 9. Add 1 and we get 10.
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The 10th person on the Honour List is Lawrence and based on this method, Lawrence would have been the winner.
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As X is not "00", the winner as determined is then final, there is no need to use the closing FBCKLCI on 20 November 2012.
Modified 11/26/2012 by Loo Hai Teh