Terms and Conditions of the April 2023 ProsperUs Staff Campaign (the “Campaign”)

  1. This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd (“CGS-CIMB”) and is valid from 26 April 2023 to 30 June 2023 (both dates inclusive) (“the Campaign Period”).
  2. 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 Applicants”). CGS-CIMB’s remisiers are not eligible to participate in this campaign.
  3. Eligible Applicants shall, subject to fulfilling the trading requirements below, be eligible to receive a cashback (“Cashback”) and if applicable, an additional bonus prize.

Cashback

  1. Eligible Applicants who have not traded before using their ProsperUs Account prior to this Campaign but who execute a minimum of one (1) trade using such account during the Campaign Period will receive a Cashback of S$20. The said Eligible Applicants shall receive the following additional Cashback if more than one (1) trade is executed, depending on the total number of trades executed during the Campaign Period:
    a) Three (3) trades – S$30;
    b) Eight (8) trades – S$60; and
    c) Thirteen (13) trades – S$90.
  2. Eligible Applicants who have traded before using their ProsperUs Account prior to this Campaign and who execute further trades during the Campaign Period will receive the following Cashback, depending on the total number of trades executed during the Campaign Period:
    a) Three (3) trades – S$30;
    b) Eight (8) trades – S$60; and
    c) Thirteen (13) trades – S$90.
  3. To fulfill the trading requirement in paragraphs 4 and 5 above:
    a) each trade must be executed by the end of the Campaign Period;
    b) the trades exclude any foreign exchange and crypto foreign exchange products; and
    c) if the Eligible Applicant decides to execute any of the trades on the Singapore Exchange (“SGX”), a minimum trade value of S$1,000 is required per trade.
  4. The tables below illustrate a summary of the Cashback available if the trading requirements described above are met:
    Category 1: Eligible Applicants who have not traded before using their ProsperUs Account prior to this Campaign

    No. of trades executed during Campaign Period Cashback
    1 S$20
    3 S$20 + S$30
    8 S$20 + S$60
    13 S$20 + S$90

    Category 2: Eligible Applicants who have traded before using their ProsperUs Account prior to this Campaign

    No. of trades executed during Campaign Period Cashback
    3 S$30
    8 S$60
    13 S$90
  5. CGS-CIMB will endeavour to effect the Cashback into the Eligible Applicants’ respective ProsperUs Account within one (1) month from the end of the Campaign Period.
  6. For the avoidance of doubt, and save as specified in these terms and conditions, the Cashback is non-transferrable and cannot be converted into other currencies or otherwise exchanged for value.
  7. 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.

Bonus Prize

  1. As an additional benefit, the top three (3) Eligible Applicants (under each of the following two categories respectively: (i) applicants who have not traded before using their ProsperUs Account prior to this Campaign and (ii) applicants who have traded before) who fulfill the trading requirements described above and who executed the most trades during the Campaign Period will be entitled to receive a bonus prize. The full particulars are described below.
    .
    Category 1: Eligible Applicants who have not traded before using their ProsperUs Account prior to this Campaign

    Winners (top (3) three Eligible Applicants who executed the most trades) Prize
    1st Sony – WF-1000XM4 worth S$383
    2nd 70 units of CSOP CGS-CIMB Low Carbon ETF
    (LCS:SP)
    3rd 35 units of CSOP CGS-CIMB Low Carbon ETF
    (LCS:SP)

    Category 2: Eligible Applicants who have traded before using their ProsperUs Account prior to this Campaign

    Winners (top (3) three Eligible Applicants who executed the most trades) Prize
    1st Sony – WF-1000XM4 worth S$383
    2nd 70 units of CSOP CGS-CIMB Low Carbon ETF
    (LCS:SP)
    3rd 35 units of CSOP CGS-CIMB Low Carbon ETF
    (LCS:SP)
  2. The winners of the bonus prizes (“Bonus Prize Winners”) will be notified by CGS-CIMB via email within one (1) month from the end of the Campaign Period.
  3. The Bonus Prize Winners who won units of the CSOP CGS-CIMB Low Carbon ETF (LCS:SP) (“ETF”) are required to purchase the ETF units by 31 July 2023 using their ProsperUs Account, and the applicable purchase price for such purchase will be rebated back to their respective ProsperUs Account within twenty-one (21) days from the date of purchase.

Other Terms and Conditions

  1. CGS-CIMB’s employees and representatives are eligible to participate in this Campaign.
  2. CGS-CIMB’s remisiers are not eligible to participate in this Campaign.
  3. The Rewards from this Campaign cannot be earned in conjunction with any other ongoing campaigns unless permitted in the respective terms and conditions of such campaign.
  4. 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.
  5. 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.
  6. The Cashback will be credited into the Eligible Applicants’ respective ProsperUs Account in Singapore Dollars or equivalent.
  7. The bonus prizes cannot be exchanged for cash or otherwise and are further subject to the applicable terms and conditions of the respective merchant.
  8. 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 the participant may have entered into with CGS-CIMB.
  9. 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 client.
  10. CGS-CIMB, 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.
  11. 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.
  12. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  13. 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.
  14. 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.
  15. 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.