Share Builders
Plan (SBP):
Terms and Conditions for SBP
Promotion
- Promotion period is from 4th April
2008 to 4th July 2008. This promotion is applicable only for new SBP clients.
- A “new” SBP client refers to one who does NOT already
have an existing Share Builders Plan (“SBP”) account with Phillip
Securities Pte Ltd (“PSPL”).
- Existing SBP
clients who close and reopen their SBP accounts during the promotion
period will NOT be eligible for this promotion.
- Not
applicable to Staff, Joint and Corporate account holders. To be
eligible for the promotion for Share Builders Plan (“SBP”) zero handling
fees, clients must sign up during the promotion period.
- Rebates of monthly handling
fees are credited directly into clients’ SBP accounts after each successful
investment for the first 6 months. Example:
Handling fees for the month of April will be credited at the end of that
month.
- Payments through cash, cheque or GIRO deductions for the first month of
investment can be accepted.
- You are NOT allowed to suspend or/and terminate your SBP account
for the 6 months of consecutive successful SBP investments.
- In the event that you
suspend or/and terminate your
SBP account prematurely (ie. before the 6 months
of successful SBP investments), you will only be entitled to the “zero
handling fees” promotion up to the month of your last
successful investment. Example: If a client has
allowed three consecutive months of investments (eg.
April, May and June) to be successfully performed prior to suspending or
terminating his SBP account, we will waive handling fees only for the
abovementioned three months.
- All
employees of PSPL and its associated entities and subsidiaries (direct or
indirect) and their immediate families (eg.
spouse and children) are not eligible to participate in this promotion.
- Notwithstanding anything
herein contained, PSPL reserves the right at any time in its absolute
discretion to (i) amend, add and/or delete any
of these terms and conditions without prior notification (including
eligibility and qualifying terms and criteria), and all participants shall
be bound by such amendments, additions and/or deletions when effected, or
(ii) vary, withdraw or cancel any items or the promotion without having to
disclose a reason thereof and without any compensation or payment
whatsoever. PSPL’s decision on all matters
relating to the promotion is final and binding on all participants.
- By taking part in this
promotion, the client acknowledges that he/she has read and consented to
these Terms and Conditions.