Terms and Conditions of the CGS International x REITs Symposium 2023 Account Opening Campaign (the “Campaign”)

1. This Campaign is organised by CGS International Securities (Singapore) Pte. Ltd. (“CGS International”) and is valid on 20 May 2023 (“Campaign Period”).

 

2. This Campaign is open to applicants who open a cash trading account (the “New Account”) with CGS International at our CGS International booth during the REITs Symposium held at Suntec City Convention Centre, Summit 1 & 2 on 20 May 2023 (“CGS International Booth”). Applicants who already own an active cash trading account with CGS International or who had previously opened a cash trading account with CGS International and had closed such account within the 12-month period prior to 01 May 2023 shall not be eligible to participate in this Campaign.

 

Rewards

 

3. Applicants who successfully open a New Account at our CGS International Booth will receive one (1) NTUC physical voucher worth SGD20 (“Voucher”).

 

4. The Vouchers are available in limited quality and on a first come first served basis, while stocks last. In the event that stocks run out, CGS International shall not be required to provide any compensation whatsoever or to replace the Voucher with any other reward.

 

5. For the avoidance of doubt, and save as specified in these terms and conditions, the Voucher is non-transferrable and cannot be converted into cash or otherwise exchanged for value.

 

Commission Rebate

 

6. In addition, applicants who successfully open a New Account at our CGS International Booth will also receive a 50% commission rebate (cumulatively capped at SGD200) (“Rebate”) on the amount of gross commissions paid to CGS International for trades executed in the first six (6) months commencing from the date that the New Account was opened i.e. from 20 May 2023 to 19 November 2023 (the “Qualifying Period”).

 

7. The Rebate will be calculated based on the gross commission of all cash trades made only on SGX-listed stocks during the Qualifying Period and will be rounded up to the nearest cent.

 

8. Trades executed on stocks listed on other exchanges or with CPF or SRS funds will not be eligible for the Rebate.

 

9. The eligible applicants must open a trust account with CGS International for the purposes of this Campaign.  

 

10. The Rebate will be calculated at the end of the Qualifying Period and will be credited into the eligible applicants’ respective trust account by the 10th Business Day of December 2023, on the condition that CGS International in its sole discretion deems the account to be in proper order, not delinquent or suspended. “Business Day” means any day (other than a Saturday or a Sunday or a gazetted public holiday) on which CGS International is open for business. 

 

11. The Rebate can only be used by the client to offset future buy trades or subscription to paid seminars, market depth or live prices of CGS International.

 

Other Terms and Conditions

 

12. CGS International’s employees, representatives and agents are not eligible to participate in this Campaign.

 

13. This Campaign applies only to clients paying standard commission rates.

 

14. The rewards from this Campaign cannot be earned in conjunction with any other ongoing campaigns of CGS International.

 

15. The decision of CGS International on all matters relating to or arising from the 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 the Campaign, these terms and conditions shall prevail.

 

16.  CGS International reserves the right to amend, modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.

 

17. CGS International reserves the right in its absolute discretion to terminate, vary, delete or add to any of these 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 you.

 

18. 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 International’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that you may have entered into with CGS International.

 

19. CGS International, its affiliates, its 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.

 

20. 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.

 

21. This Campaign does not constitute an offer or solicitation to buy or sell any security or instrument, or an invitation or a recommendation to enter into any transaction. All capital market products contain risks and may not be suitable for everyone. Please refer to the Risk Disclosure Statement in the General Terms and Conditions of CGS International for more details.

 

22. 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.