Terms and Conditions for ProsperUs x Ryde Welcome Campaign (the “Campaign”)

  1. This Campaign is organised by CGS International Securities Singapore Pte. Ltd. (“CGS SG”) and is valid from 1 August 2024 to 31 October 2024 (both dates inclusive) (the “Campaign Period”).
  2. Participants who successfully open a new global investment account with CGS SG (a “ProsperUs Account”) during the Campaign Period shall be eligible to participate in the Campaign and, subject to fulfilling the applicable requirements below, receive rewards in the form of Ryde Share(s) and Ryde cash credits. Existing or past clients of CGS SG who closed their ProsperUs Account(s) at any time during the 12-month period prior to 01 August 2024 shall not be eligible to participate in this Campaign.
  3. Existing clients of CGS SG who have a ProsperUs Account with CGS SG and who have received an exclusive email with the email subject “You’re Invited” from CGS SG informing them of their eligibility to participate in this Campaign (“Invited Clients”), shall be eligible to participate in the Campaign solely in respect of the Trading Reward (as defined below) and shall not be eligible to earn the Account Opening Reward (as defined below).
  4. The number of shares in Ryde Group Ltd listed on the New York Stock Exchange (“Ryde Shares”) which is available for redemption throughout the duration of this Campaign is limited to a maximum of 1,000 Ryde Shares. If there are insufficient Ryde Shares to be awarded to participants who have fulfilled the applicable requirements for the Account Opening Reward and/or the Trading Reward, these participants will receive only the Ryde cash credits component of the Account Opening Reward and/or the Trading Reward.

Account Opening Reward

  1. Participants who open a ProsperUs Account with CGS SG during the Campaign Period and input the referral code “RYDESHARE” into the referral code field during the account opening process will receive a reward consisting of one (1) Ryde Share (subject to availability of sufficient Ryde Shares for redemption) and Ryde cash credits of SGD10 (“Account Opening Reward”).

Trading Reward

  1. Participants will receive a reward consisting of three (3) Ryde Shares (subject to availability of sufficient Ryde Shares for redemption) and Ryde cash credits of SGD30 (the “Trading Reward”) in respect of the first buy trade executed in the US market by the participant using their ProsperUs Account (the “Eligible Buy Trade”), provided that the Eligible Buy Trade shall not include any foreign exchange products, crypto foreign exchange products, contract for difference (CFD) and options contracts.
  2. The Eligible Buy Trade must be executed: (a) in the case of the Invited Clients, during the Campaign Period; and (b) in the case of participants other than the Invited Clients, during the period from 1 August 2024 to 8 November 2024 (both dates inclusive).
  3. The table below provides a summary of the rewards available:
    Action Reward
    Account Opening Reward Open a ProsperUs Account using the referral code “RYDESHARE”
    (Note: Not applicable for existing clients of CGS SG who have an existing ProsperUs Account)    		 Ryde cash credits of SGD10 and one (1) Ryde Share (subject to availability of sufficient Ryde Shares for redemption)
    Trading Reward Complete at least one (1) Eligible Buy Trade on the US market Ryde cash credits of SGD30 and three (3) Ryde Shares (subject to availability of sufficient Ryde Shares for redemption)
  4. Subject to paragraph 4 above, Ryde Shares earned by eligible participants pursuant to the Account Opening Reward and/or the Trading Reward will be credited to the eligible participants’ respective ProsperUs Accounts within 14 days from the 8 November 2024.
  5. Ryde cash credits are non-transferrable and cannot be converted into cash or otherwise exchanged for value.
  6. Each participant in this Campaign agrees and acknowledges that:
    (a) The Ryde cash credits earned are subject to the terms and conditions of Ryde Technologies;
    (b) The redemption of rewards using Ryde cash credits including, but not limited to, the type of rewards that can be redeemed using Ryde cash credits and the amount of Ryde cash credits required to redeem any rewards, shall be decided by Ryde Technologies at its sole and absolute discretion; and
    (c) Only participants who are residing in Singapore according to the residential address provided by the participant when opening the ProsperUs Account are eligible to receive Ryde cash credits.
  7. CGS SG will provide participants who are entitled to receive Ryde cash credits pursuant to the Account Opening Reward and/or the Trading Reward with instructions for the redemption of the Ryde cash credits, by way of email to the email address provided by the participant when opening the ProsperUs Account:
    (a) in respect of Ryde cash credits awarded under the Account Opening Reward, within 30 calendar days from the last business day of the relevant calendar month during which the participant successfully opened a ProsperUs Account; and
    (b) in respect of Ryde cash credits awarded under the Trading Reward, within 30 calendar days from the date the Eligible Buy Trade is executed.

Additional Rewards
A. Free Market Data Subscription

  1. Participants who subscribe to SGX Level 2 Market Data via their ProsperUs Account during the Campaign Period shall be entitled to receive complimentary access to SGX Level 2 Market Data for the remaining duration of the Campaign Period. The said subscription will automatically expire after the Campaign Period, unless the client applies for SGX Level 2 Market Data on a paid subscription basis.
  2. 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.
  3. 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 (NYSE);
    • American Stock Exchange (AMEX); and
    • NYSE Arca.

B. Promotional Commission Rates – Singapore Exchange

  1. Participants who successfully open a new ProsperUs Account with CGS SG within the Campaign Period shall also be eligible to receive a promotional commission rate for their trades on the Singapore Exchange, which is also being extended to all existing clients of CGS SG with a ProsperUs Account.
  2. The table below illustrates the promotional commission rate for trades on the Singapore Exchange:
    Exchange Rookie All-star Hall of Fame
    Singapore Exchange 0.06% of the trade value (no minimum commission) 0.06% of the trade value (no minimum commission) 0.06% of the trade value (no minimum commission)
  3. All other commission rates which can be found at https://www.prosperus.asia/pricing/ (as amended, modified and/or supplemented from time to time) will continue to apply. All other fees including, but not limited to, clearing fees, SGX trading and settlement fees and goods and services tax, shall continue to be borne by the participants.

Other Terms and Conditions

  1. The rewards from this Campaign can be earned in conjunction with the rewards from any other ongoing campaigns if stated in the terms and conditions of the relevant campaign(s), except that the rewards from this Campaign cannot be earned in conjunction with the rewards from the ProsperUs Welcome Pack Campaign.
  2. CGS SG’s employees, representatives and agents are not eligible to participate in this Campaign.
  3. Although CGS SG shall endeavour to distribute the rewards promptly, CGS SG shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays. CGS SG shall be entitled in its sole and absolute discretion to forfeit the rewards or disqualify any participant from participating in this Campaign.
  4. CGS SG reserves the right to withdraw or substitute the rewards 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 agreed to be bound by the foregoing terms and conditions of the Campaign, the CGS SG General Terms and Conditions (as amended, modified and/or supplemented from time to time), and the terms and conditions of any other agreement(s) (as amended, modified and/or supplemented from time to time) that the participant has entered into with CGS SG.
  6. CGS SG reserves the right in its sole and 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 SG and 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 CGS SG 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 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. CGS SG 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 their 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 of Singapore to enforce or benefit from these terms and conditions.