Share Builders Plan (SBP):

Terms and Conditions for SBP Promotion

  1. Promotion period is from 4th April 2008 to 4th July 2008. This promotion is applicable only for new SBP clients.
  2. 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”).
  3. Existing SBP clients who close and reopen their SBP accounts during the promotion period will NOT be eligible for this promotion.
  4. 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.
  5. 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.
  6. Payments through cash, cheque or GIRO deductions for the first month of investment can be accepted.
  7. You are NOT allowed to suspend or/and terminate your SBP account for the 6 months of consecutive successful SBP investments.
  8. 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.
  9. 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.
  10. 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.
  11. By taking part in this promotion, the client acknowledges that he/she has read and consented to these Terms and Conditions.