Terms and Conditions of the Refer More and Win Big Campaign (the “Campaign”)

  1. This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd (“CGS-CIMB”) and is valid from 18 August 2022 to 10 October 2022 (both dates inclusive) (“the Campaign Period”).
  2. This Campaign is open to new and existing clients who refer friends to open (“Referrer”) a global investment account (“ProsperUs Account”) with CGS-CIMB.
  3. Top 3 Referrers who have successfully referred a friend (“Referee”) using their referral code described below during the Campaign Period will win an exclusive prize selected by CGS-CIMB (“Prize”). Such referral will only qualify as a successful referral if:
    1. the Referee opens a new ProsperUs Account and enters a valid referral code when filling in the onboarding form or using the referral link shared by the Referrer. The referral code will be the full 7-digit ProsperUs Account number of the Referrer as illustrated:
      Referrer’s ProsperUs Account number (For example: 0123456); and
    2. the Referee’s account application must be approved during the Campaign Period
  4. The top 3 Referrer winners from the Campaign will be notified via email and/or phone call within 7 days from the result announcement date, 18 October 2022 (“Announcement Date”), as to the Prize collection process. CGS-CIMB reserves the right to withdraw or substitute the Prize with other types of rewards, (but shall not be under any obligation to do so) without prior notice and without assigning any reason. Although CGS-CIMB shall endeavour to distribute the Prize 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. Where any Referrers are tied for the same number of referrals, the Referrer that obtained the total number of referrals first shall be ranked ahead of the other Referrer.

Lucky Draw

  1. In addition, new and existing clients who fulfil the below requirements will be automatically eligible for a lucky draw conducted by hand. Two lucky winners selected via the lucky draw on 18 October 2022 will each win the Prize.
  2. Applicants who open a ProsperUs Account during the Campaign Period will be allocated 1 lucky draw chance for the purposes of the lucky draw. Applicants may obtain additional lucky draw chances if they refer Referees and the Referee’s account application is approved during the Campaign Period. Each successful referral will garner the applicant one additional lucky draw chance for the purposes of the lucky draw, and this will increase the probability of them winning in the lucky draw.
  3. To avoid doubt, a referral will only qualify as a successful referral if:
    1. the Referee opens a new ProsperUs Account and enters a valid referral code when filling in the onboarding form or using the referral link shared by the Referrer. The referral code will be the full 7-digit ProsperUs Account number of the Referrer as illustrated:
      Referrer’s ProsperUs Account number (For example: 0123456); and
    2. the referee’s account application must be approved during the Campaign Period
  4. The lucky draw winners from the Campaign will be notified via email and/or phone call within 7 days from the Announcement Date as to the Prize collection process. CGS-CIMB reserves the right to withdraw or substitute the Prize with other types of rewards, (but shall not be under any obligation to do so) without prior notice and without assigning any reason. Although CGS-CIMB shall endeavour to distribute the Prize 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.

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 Prize cannot be exchanged for cash or otherwise and are further subject to the terms and conditions of the respective merchant. CGS-CIMB shall not be responsible or liable to any person in connection with the Prize, including but not limited to any change postponement, or cancellation of the same, and any actions taken by Prize winners in respect of the Prize.
  3. 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.
  4. 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.
  5. 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.
  6. The decision of CGS-CIMB on all matters relating to or arising from this Campaign (including 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.
  7. CGS-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  8. 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.
  9. 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.
  10. 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.