Terms and Conditions of the ProsperUs Share for Shares Campaign (the “Campaign”)

  1. This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd (“CGS-CIMB”) and is valid from 1 February 2023 to 31 March 2023 (both dates inclusive) (“the Campaign Period”).
  2. This Campaign is open to new and existing clients (“Referrer”) of CGS-CIMB who have opened a global investment account (“ProsperUs Account”).
  3. Referrers who have successfully referred a friend to open a ProsperUs Account during the Campaign Period using their referral code described below (“Referee”) will receive two US stocks worth about SGD60 in total. Such referral will only qualify as a successful referral if both of the following requirements are fulfilled by the Referee:
    1. the Referee opens a new ProsperUs Account during the Campaign Period and enters a valid referral code provided by the Referrer when filling in the onboarding form. The referral code will be the full 7-digit ProsperUs account number of the Referrer, as illustrated in the example below:
      Referrer’s ProsperUs Account number: 0123456
      Referrer’s unique referral code: 0123456
    2. the Referee fulfills both requirements in paragraphs 4 & 5 below.
  4. Referees will receive one US stock worth about SGD30 if they make an initial funding of SGD1,000 or more into their ProsperUs Account within the Campaign Period upon account opening and no withdrawal is effected on all or part of this amount for at least 30 calendar days from the date that such funding amount was made to the said account.
  5. Referees will receive an additional cashback of SGD70 if they execute a minimum of three (3) buy trades successfully by 30 April 2023 using their newly opened ProsperUs Account, subject to the trading conditions in paragraph 6.
    The table below illustrates the above requirements described in paragraph 5:

    Action Amount of Cashback
    (i) Depositing a minimum of SGD1,000 US Stock worth SGD30
    (ii) Depositing a minimum of SGD1,000 and executing a minimum of three (3) buy trades US Stock worth SGD30
    and SGD70 cashback
  6. To fulfill the trading requirement in paragraph 5 above:
    1. the three (3) buy trades must be executed within 30 days upon account opening.
    2. the three (3) buy trades exclude any foreign exchange, crypto foreign exchange products, contracts for difference (CFD) and options contracts.
    3. if the Referee decides to execute any of the three (3) buy trades on the Singapore Exchange (“SGX”), a minimum trade value of SGD2,000 is required per trade.
    4. if the Referee decides to execute any of the three (3) buy trades in respect of mutual funds products, a minimum value of SGD2,000 is required per trade.
  7. The maximum number of referrals that a Referrer can make under this Campaign is capped at ten (10). Referees who themselves become Referrers by successfully referring new clients who fulfill the requirements in paragraph 3 will also be eligible to the rewards under this Campaign.

Free Market Data Subscription

  1. As an additional benefit, Referees will be rewarded with free level 1 market data subscription for U.S. stocks (more particularly described below) until 30 June 2023.
  2. The free level 1 market data subscription for U.S stocks that would be made available to the Referees consists of the following exchanges:
    (a) NASDAQ
    (b) New York Stock Exchange
    (c) AMEX and ARCA

Other Terms and Conditions

  1. The rewards from this Campaign can be earned in conjunction with any other ongoing campaigns (except for the ProsperUs Welcome Pack campaign) if reflected in the respective terms and conditions of such other campaign.
  2. CGS-CIMB’s employees, representatives and agents are not eligible for this Campaign.
  3. CGS-CIMB will credit the rewards to the Referees and/or the Referrers’ respective ProsperUs Account by 31 May 2023. Although CGS-CIMB shall endeavour to distribute the rewards 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. The US stocks and cashback cannot be exchanged for cash or otherwise.
    14. CGS-CIMB reserves the right to withdraw or substitute the US stocks with other items or vouchers (but shall not be under any obligation to do so) without prior notice and without assigning any reason.
  5. CGS-CIMB reserves the right to withdraw or substitute the US stocks with other items or vouchers (but shall not be under any obligation to do so) without prior notice and without assigning any reason.
  6. 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.
  7. 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.
  8. 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.
  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. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  11. 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.
  12. 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.
  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.