Terms and Conditions for ProsperUs 2023 National Day Campaign for Staff (the “Campaign”)

This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd. (“CGS-CIMB”) and is valid from 01 August 2023 (SGT 00:00) to 30 September 2023 (SGT 23:59) (both dates inclusive) (the “Campaign Period”).

This Campaign is open to all CGS-CIMB’s employees and trading representatives who have a global investment account (“ProsperUs Account”) with CGS-CIMB during the Campaign Period (“Eligible Participants”). CGS-CIMB’s remisiers are not eligible to participate in this Campaign.

Celebrating Singapore’s 58th Birthday Rewards (True ZERO commission for SG Market)

  1. For the duration of the Campaign Period, Eligible Participants who use their ProsperUs Account to make buy trades of Singapore Exchange Limited (“SGX”) listed stocks and Exchange Traded Funds (“ETFs”) will enjoy commission-free trades on such stocks and ETFs. Although zero commission will be payable to CGS-CIMB for these buy trades, all third-party fees due to any exchanges or other third-party institutions continue to apply and shall be borne by the Eligible Participant.

Open a new account and get SGD 58

  1. All Eligible Participants who open a new ProsperUs Account will be eligible for SGD 58 cash credit that will be deposited into their ProsperUs Account. Any such employees who had previously opened a ProsperUs Account and had closed such account within the 12-month period prior to 01 August 2023 shall not be eligible for this reward.
  2. All Eligible Participants who make any buy trades of SGX listed stocks and ETFs will be entitled to participate in a lucky draw to win the grand prize. Each such employee will only be entitled to 1 draw chance. The grand prize for the lucky draw is SGD 1000 worth of RYDE cash credits for use on the RYDE platform.
  3. The lucky draw will be held on 3rd October 2023 and can be viewed via real-time video conferencing. The grand prize winner will also be contacted via email and informed of the prize redemption process within one (1) week after being announced on CGS-CIMB’s internal electronic direct mail (“EDM”).

Other Terms and Conditions

  1. The rewards from this Campaign can be earned in conjunction with any other ongoing campaigns if reflected in the respective terms and conditions of such campaign.
  2. The grand prize winner consents to CGS-CIMB collecting, using and disclosing their personal data for purposes reasonably required by CGS-CIMB to administer this Campaign, and for such other purposes as described in Part N of CGS-CIMB’s General Terms and Conditions which each participant confirms to have read and understood. The grand prize winner also consents to CGS-CIMB’s disclosure of their name, picture, photograph or video of the grand prize winner (including where applicable, receiving the grand prize from CGS-CIMB) on ProsperUs EDMs for publicity purposes.
  3. Although CGS-CIMB shall endeavour to distribute the rewards under this Campaign promptly, this is subject to availability and accordingly, CGS-CIMB shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays.
  4. CGS-CIMB reserves the right to withdraw or substitute the rewards under this Campaign with any other items (but shall not be under any obligation to do so) without prior notice and without assigning any reason.
  5. By participating in this Campaign, each participant is deemed to have read, understood and agrees to be bound by the foregoing terms and conditions of the Campaign, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that such participant may have entered into with CGS-CIMB.
  6. CGS-CIMB reserves the right in its absolute discretion to terminate, vary, delete or add to any of the Campaign’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to the participant.
  7. CGS-CIMB, its affiliates, its and their respective employees, directors, officers, representatives and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this Campaign.
  8. Frequent, short-term trades without actual economic benefits in a short period or other types of conduct intended to manipulate, abuse or circumvent the Campaign mechanics or these terms and conditions may violate the rules of the SGX and/or these terms and conditions, and CGS-CIMB shall be entitled to take any action it deems fit, including inspecting the propriety of such trades.
  9. The decision of CGS-CIMB on all matters relating to or arising from this Campaign (including the eligibility of any trade to be considered within the scope of this Campaign, and the eligibility of any person to participate in this Campaign) is absolute, final and binding and no correspondence and/or requests to retract and/or to modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Campaign, these terms and conditions shall prevail.
  10. The Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. You are advised to make your own independent evaluation and to consult professional advisers before undertaking any transaction.
  11. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  12. These terms and conditions are governed by and interpreted according to the laws of Singapore and the participants in this Campaign agree to submit to the exclusive jurisdiction of the courts of Singapore.
  13. Any person who is not a participant shall not have any rights under the Contracts (Rights of Third Parties) Act 2001 to enforce or benefit from these terms and conditions.