Terms and Conditions for ProsperUs 2024 Q1 Welcome Pack Campaign (the “Campaign”)

  1. This Campaign is organised by CGS International Securities Singapore Pte. Ltd. (“CGSI”) and is valid from 01 January 2024 to 31 March 2024 (both dates inclusive) (the “Campaign Period”).
  2. Participants who successfully open a new global investment account with CGSI (“ProsperUs Account”) within the Campaign Period shall, subject to fulfilling the applicable requirements below, be eligible to receive commission rebates up to the specified Maximum Capped Amounts (as defined below), US stock reward (“Stock Reward”), and other rewards. The said ProsperUs Account must have been successfully created during the Campaign Period. Participants who had previously opened a ProsperUs Account and had closed such account within the 12-month period prior to 01 January 2024 shall not be eligible to participate in this Campaign.
  3. This Campaign is also open to existing clients of CGSI who have a ProsperUs Account with CGSI and who have received an exclusive email from CGSI informing them of their eligibility to participate in this Campaign. Their participation shall be subject to the same requirements as set out below.

Initial funding requirements

  1. Participants who make a minimum initial funding (i.e., the very first deposit made) of more than or equal to SGD3,000 (but less than or equal to SGD 19,999 ) into their ProsperUs Account upon account opening and execute a minimum of 3 buy or sell trades by 30 April 2024 will receive i) one (1) US stock selected at CGSI’s discretion worth about USD30 and ii) commission rebates on actual commission paid to CGSI for buy or sell transactions of US equities and contracts for difference (“CFDs”) comprising US equities as the underlying stock, until such rebates reach a Maximum Capped Amount of USD88, respectively.
  2. Participants who make a minimum initial funding (i.e., the very first deposit made) of more than or equal to SGD20,000 (but less than or equal to SGD 50,000) into their ProsperUs Account upon account opening and execute a minimum of 3 buy or sell trades by 30 April 2024 will receive i) one (1) US stock selected at CGSI’s discretion worth about USD90 and ii) commission rebates on actual commission paid to CGSI for buy or sell transactions of US equities and contracts for difference (“CFDs”) comprising US equities as the underlying stock, until such rebates reach a Maximum Capped Amount of USD188, respectively.
  3. Participants who make a minimum initial funding (i.e., the very first deposit made) of more than or equal to SGD50,001 into their ProsperUs Account upon account opening and execute a minimum of 3 buy or sell trades by 30 April 2024 will receive i) one (1) US stock selected at CGSI’s discretion worth about USD190 and ii) commission rebates on actual commission paid to CGSI for buy or sell transactions of US equities and contracts for difference (“CFDs”) comprising US equities as the underlying stock, until such rebates reach a Maximum Capped Amount of USD288, respectively.
  4. To fulfil the initial funding requirements described in paragraph 4, 5 and 6, no withdrawal shall be effected on all or part of the initial funding amount for at least thirty (30) calendar days from the date that such funding amount was made to the said account.
  5. To fulfil the trading requirements in paragraphs 4, 5 and 6:
    1. each of the buy or sell trades must be executed by 30 April 2024;
    2. the said buy or sell trades exclude any trades in foreign exchange and crypto foreign exchange products;
    3. buy or sell trades undertaken to close existing positions shall not be deemed as meeting the said trading requirements; and
    4. if the participant decides to execute any of the trades on the Singapore Exchange (“SGX”), a minimum trade value of S$1,000 is required per trade.
  6. The table below provides a summary of the rewards available if the initial funding requirements and the trading requirement are met.
    Action Stock Reward Maximum Possible Commission Rebate Per Category (each a “Maximum Capped Amount”)
    Tier (i) Depositing an initial minimum funding of at least SGD3,000 (provided that no withdrawal shall be effected on all or part of this amount for at least thirty (30) days from the date that such deposit was made)
    +
    Executing (3) three buy or sell trades by 30 April 2024
    One (1) US stock (Worth about USD 30) Up to USD 88 commission rebate (For US equities)

    Up to USD 88 commission rebate (For CFDs comprising of US equities as the underlying stock)

    Tier (ii) Depositing an initial minimum funding of at least SGD20,000 (provided that no withdrawal shall be effected on all or part of this amount for at least thirty (30) days from the date that such deposit was made)
    +
    Executing (3) three buy or sell trades by 30 April 2024
    One (1) US stock (Worth about USD 90) Up to USD 188 commission rebate (For US equities)

    Up to USD 188 commission rebate (For CFDs comprising of US equities as the underlying stock)

    Tier (iii) Depositing an initial minimum funding of at least SGD50,001(provided that no withdrawal shall be effected on all or part of this amount for at least thirty (30) days from the date that such deposit was made)
    +
    Executing (3) three buy or sell trades by 30 April 2024
    One (1) US stock (Worth about USD 190) Up to USD 288 commission rebate (For US equities)

    Up to USD 288 commission rebate (For CFDs comprising of US equities as the underlying stock)

Rewards

A. Commission Rebates

  1. Only trades in US equities and CFDs comprising of US equities as the underlying stock listed on NASDAQ, American Stock Exchange and New York Stock Exchange shall be eligible for the reimbursement of the commission rebates.
  2. For the purposes of this Campaign, the participant is only entitled to benefit from one Maximum Capped Amount tier (i.e., either tier (i), (ii) or (iii) as shown in the table above) with reference to the minimum initial funding made, and subject to fulfilling all other applicable terms and conditions.
  3. For the purposes of effecting the commission rebates to the participant, CGSI will calculate the relevant commission rebate to be reimbursed to the participant at the end of the Campaign Period, and such calculation will be final and binding, in the absence of manifest error. If one or more rebates do not cumulatively reach the applicable Maximum Capped Amount, any applicable balance will be forfeited after 30 April 2024 and the participant would not be entitled to any further rebates.
  4. The applicable commission rebate will be credited into the participants’ respective ProsperUs Accounts by no later than 31 May 2024.
  5. For the avoidance of doubt, the commission rebate is non-transferrable and cannot be converted into other currencies or otherwise exchanged for value.
  6. The existing commission rates available at https://www.prosperus.asia/pricing/ will continue to be in force during the Campaign Period. All other fees such as clearing fees, SGX trading and settlement fees, GST, etc., shall continue to be borne by you.

B. Stock Reward

  1. The Stock Reward under paragraphs 4, 5 and 6 cannot be combined. Each participant is only entitled to one US Stock Reward under paragraph 4, 5 or 6 (as the case may be) but not to all three.
  2. The default account that the Stock Reward will be credited into shall be the participant’s ProsperUs Account. In respect of the Stock Reward, CGSI will email all eligible participants by 31 May 2024 with instructions on the redemption of the Stock Reward. The Stock Reward will be credited into the participants’ respective ProsperUs Account within thirty (30) days from the date of redemption.

C. Free Market Data Subscription

  1. As an additional benefit, participants will be rewarded with free level 1 market data subscription for US stocks (more particularly described below) during the Campaign Period.
  2. The free level 1 market data subscription for US stocks that would be made available to participants consists of the following exchanges:
    • NASDAQ
    • New York Stock Exchange
    • AMEX and ARCA

D. Promotional Commission Rates – Singapore Exchange

  1. Participants who successfully open a new ProsperUs Account with CGSI within the Campaign Period shall also be eligible to receive a promotional commission rate for their Singapore Exchange trades, which is also being extended to all existing clients of CGSI with a ProsperUs Account.
  2. This table illustrates the promotional commission rate for Singapore Exchange trades.
    Exchange Rookie All-star Hall of Fame
    Singapore Exchange 0.06% (no minimum commission) 0.06% (no minimum commission) 0.06% (no minimum commission)
  3. All other existing commission rates available at https://www.prosperus.asia/pricing/ will continue to be in force during the Campaign Period. All other fees such as clearing fees, SGX trading and settlement fees, GST, etc., shall continue to be borne by the applicants.

E. Chinese New Year limited-time offer – Free SGD30 Ryde Credits

  1. Participants who successfully open a new ProsperUs Account with CGSI between 1 February 2024 to 29 February 2024 (“Chinese New Year Limited Offer Period”) shall also be eligible to receive Ryde credits of SGD30 subject to fulfilling the applicable requirements described below:
    (a) Make an initial minimum deposit of any amount into the participant’s ProsperUs Account during the Chinese New Year Limited Offer Period; and
    (b) Only participants residing in Singapore are eligible to receive this reward.
  2. In relation to the rewards described in paragraph 23 above, CGSI will provide the applicable participants instructions for the redemption of the Ryde credits by way of email within fourteen (14) days from the date the relevant requirement is fulfilled.
  3. Except for their intended purpose, the Ryde credits are non-transferrable and cannot be converted into cash or otherwise exchanged for value.

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. CGSI’s employees, representatives and agents are not eligible to participate in this Campaign.
  3. Although CGSI shall endeavour to distribute the rewards promptly, CGSI shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays. CGSI shall be entitled at its sole and absolute discretion to forfeit the rewards or disqualify any participant from participating in this Campaign.
  4. CGSI reserves the right to withdraw or substitute the rewards, including the Stock Reward with other items such as vouchers (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, CGSI’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that the participant may have entered into with CGSI.
  6. CGSI 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. CGSI, its affiliates 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. The decision of CGSI 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.
  9. CGSI reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  10. 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.
  11. This Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. The participants are advised to make their own independent evaluation and to consult professional advisers before undertaking any transaction.
  12. 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.

CP/0091/2024