Subscribe to Lion Global Investors ETFs via Share Builders Plan and receive Cashback with *T&Cs.

*Please read the full Terms & Conditions for the promotion below:

Cashback Details

The promotion is applicable to the first 200 SBP accounts. Eligible customers will receive S$50 Cashback (credited to their Share Builders Plan (SBP) Ledger) for every S$300 fresh funds invested into selected Lion Global Investors’ ETFs*, with a minimum subscription period of three months via GIRO.

LGI ETFs Information Sheet

FAQ

What is the SBP Cashback promotion?

The SBP Cashback Promotion allows participants to receive S$50 Cashback for every S$300 fresh funds invested per month in any eligible counter for three consecutive months via GIRO. The cashback is capped at S$250 per SBP account.

What is the maximum Cashback for each POEMS account?

The maximum Cashback per SBP account is S$250.

How much cashback with every S$300 investment amount?

You will receive S$50 cashback after successfully completing the three consecutive months of subscription via GIRO.

If I invest in Lion-China Merchants CSI Dividend Index ETF with S$900 per month for 3 consecutive months subscription, will I receive S$150 cashback?

Yes

Month	Investment counter	Monthly Investment Amount	Investment Period	Cashback
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$900	3 consecutive months	S$150
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$900
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$900

*This example should not be considered as financial advice.

Am I eligible for the cashback if I subscribe to any eligible counters with a total investment of S$300 (e.g. Counter A: S$100, Counter B: S$100, Counter C: S$100) over three consecutive months via GIRO, even if I do not invest S$300 for each eligible counter individually per account?

Yes, you are eligible for the cashback which is granted with every S$300 invested into eligible counters within your Share Builders Plan via GIRO. Please refer to the example below

Month	Investment counter	Investment Amount	Investment Period	Cash Back
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$100	three consecutive months	S$50
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$100
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$100
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100

*This example should not be considered as financial advice.

What are the eligible counters for this cashback promotion?

There are six eligible counters:

• Lion-Nomura Japan Active ETF (Powered by AI)
• Lion-OCBC Securities China Leaders ETF
• Lion-OCBC Securities APAC Financials Dividend Plus ETF
• Lion-OCBC Securities Singapore Low Carbon ETF
• Lion-China Merchants CSI Dividend Index ETF
• Lion-China Merchants Emerging Asia Select Index ETF

How do I get the maximum cashback of S$250?

To receive the maximum cashback, you must subscribe to any eligible counter with an investment of S$1,500 per month for three consecutive months via GIRO.

What happens if my GIRO deduction fails once during the three-month subscription period?

You will not be eligible for the promotion. The investment must be continuously maintained for three months via Giro. Any missed or delayed payments will result in disqualification.

Can I change my investment to a different eligible counter during the promotion period? For example, I invest in Lion-Nomura Japan Active ETF (Powered by AI) with S$300 in the beginning and change to Lion-OCBC Securities China Leaders ETF subsequently?

No, your investment will not qualify for the promotion. A change in counter will not constitute as a consecutive subscription. 

Month	Investment counter	Investment Amount S$	Cashback
July 2025	Lion-Nomura Japan Active ETF (Powered by AI)	300	S$0
August 2025	Lion-OCBC Securities China Leaders ETF	300
September 2025	Lion-OCBC Securities China Leaders ETF	300

Can I change the investment amount for the eligible counter during the 3 consecutive months subscription?

Yes, customers may increase or decrease their investment amount. However, please note that reducing your investment during the three-month GIRO subscription period will disqualify you from the promotion (Refer to illustration A below).

The cashback is determined based on your first month’s investment. For example, if you invest S$300 in the first month and increase your investment to S$600 in the second and third months, your cashback will still be S$50. (Refer to illustration B below)

illustration A

Month	Investment counter	Investment Amount S$	Cashback
July 2025	Lion-Nomura Japan Active ETF (Powered by AI)	600	S$0
August 2025	Lion-Nomura Japan Active ETF (Powered by AI)	300
September 2025	Lion-Nomura Japan Active ETF (Powered by AI)	300

illustration B

Month	Investment counter	Investment Amount S$	Cashback
July 2025	Lion-Nomura Japan Active ETF (Powered by AI)	300	S$50
August 2025	Lion-Nomura Japan Active ETF (Powered by AI)	600
September 2025	Lion-Nomura Japan Active ETF (Powered by AI)	600

What is an example of a 3-consecutive month subscription with GIRO?

Month	Investment counter	Investment Amount S$
July 2025	Lion-China Merchants CSI Dividend Index ETF	300
August 2025	Lion-China Merchants CSI Dividend Index ETF	300
September 2025	Lion-China Merchants CSI Dividend Index ETF	300

When can I receive the cashback?

The Cashback will be credited to your SBP account ledger approximately 30 working days from the end of your 3 consecutive months subscription via GIRO.

If I apply for the SBP application during the promotion period but only submit the eGIRO after the promotion period, am I eligible?

No, both SBP and eGIRO application must be completed within the promotion period to qualify.

Is GIRO the only payment method for this promotion?

Yes, GIRO is the only method eligible for the promotion.

If my SBP account was suspended in the past six months and re-activated during the promotion period, will my funds be considered as Fresh Funds?

No, your funds will not be considered.

If my SBP account is terminated during the promotion period and I reapply during the promotion period, will I still be eligible for the promotion?

No, reapplying after termination during the promotion period will not qualify you for the promotion.

Do I qualify for the promotion if I change my subscription to another eligible counter from an existing eligible counter?

No, change of investment instructions between any eligible Lion Global Investors’ ETF to another eligible counter will not be considered as fresh funds, and will not qualify for the cashback.

How to Participate

To qualify for the Cash Back, simply complete these steps:

1. Sign up for the Share Builders Plan (SBP)
   How do I sign up for the Share Builders Plan?If you have yet to open a POEMS Account, open one here.If you are an existing POEMS Account holder, simply follow these instructions:Online Application Submission
   1. POEMS Mobile 3 App:
      
      1. Log in to your POEMS Account
      2. Navigate to Trade > RSP > Share Builders Plan > Apply
   2.  
   3. POEMS Website:
      
      1. Subscribe via this link

   
   Step 2: Set Up GIRO for Recurring Investments
   Apply e-GIRO:

   1. POEMS Mobile 3 App:
      
      1. Log in to your POEMS Account
      2. Tap on the “Me” tab > eGIRO > Select SBP (Account no.) > Choose Bank > Apply
   2. POEMS Website:
      
      1. Log in to your POEMS Account
      2. Go to Acc Mgmt > Online Forms > Account Application > eGIRO > Select SBP (Account no.) > ChooseBank > Apply
         
         
2. Invest a minimum of S$300* per month in any of the eligible ETFs for three consecutive months via GIRO to qualify for the S$50 Cashback*
   Eligibility Criteria
   1. Existing SBP Customers:
      • Customers who have already subscribed to any of the Lion Global Investors’ eligible counters, will only qualify for the Cashback when investing an additional S$300 or more in fresh funds* for three consecutive months via GIRO into these counters.
      • Customers who have not subscribed to any Lion Global Investors’ eligible counters, will qualify for the Cashback after subscribing to any of the eligible counters and investing at least S$300 per month for three consecutive months via GIRO.
        
        

      *Funds deposited as a result of change of investment instructions between the Lion Global Investors’ selected counters will not be considered as fresh funds and thus, not be eligible for the promotion.
      Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

   2. New SBP Customers:
      • Customers who are new to SBP, will qualify for the cashback after subscribing and investing at least S$300 per month into any of the Lion Global Investors’ eligible counters, for three consecutive months via GIRO.
        
        

SBP Counters Eligible for the promotion:

S/N	Counter Name	Counter Name on Website
1	Lion-Nomura Japan Active ETF (Powered by AI)	A LION-NOMURA JAPAN S$
2	Lion-OCBC Securities China Leaders ETF	LION-OSPL CN LDR
3	Lion-OCBC Securities APAC Financials Dividend Plus ETF	LION-OSPL APAC FinS$
4	Lion-OCBC Securities Singapore Low Carbon ETF	LION-OSPL LOW CARBON S$
5	Lion-China Merchants CSI Dividend Index ETF	Lion-CM CSI Div S$
6	Lion-China Merchants Emerging Asia Select Index ETF	Lion-CM EM Asia S$

* Counters not listed above will not be eligible for the promotion

• Eligible Customers must invest a minimum of S$300 fresh funds per month for three consecutive months via GIRO into any of the eligible counters listed in the table above.
• The investment transaction must be made before the 18th of each month (or the next business day if the 18th falls on a non-business day) during the promotion period.
• There is a cashback cap of S$250 per account.
• The cashback will be processed approximately 30 working days after completion of the consecutive three-month subscription period via GIRO.

Example 1:

Month	Investment counter	Monthly Investment Amount	Investment Period	Cash Back
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$300	Three consecutive months	S$50
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$300
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$300

*This example should not be considered as financial advice.

Example 2:

Month	Investment counter	Monthly Investment Amount	Investment  Period	Cash Back
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$100	Three consecutive months	S$50
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$100
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$100
	Lion-OCBC Securities Singapore Low Carbon ETF	S$100
	Lion-OCBC Securities China Leaders ETF	S$100

*This example should not be considered as financial advice.

Example 3:

Month	Investment counter	Monthly Investment Amount	Investment Period	Cash Back
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$2500	Three consecutive months	S$250
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$2500
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$2500

*This example should not be considered as financial advice.

Example 4:

Month	Investment counter	Monthly Investment Amount	Investment  Period	Cash Back
July 2025	Lion-China Merchants CSI Dividend Index ETF	S$1000	Three consecutive months	S$250
	Lion-OCBC Securities Singapore Low Carbon ETF	S$1000
	Lion-OCBC Securities China Leaders ETF	S$1000
August 2025	Lion-China Merchants CSI Dividend Index ETF	S$1000
	Lion-OCBC Securities Singapore Low Carbon ETF	S$1000
	Lion-OCBC Securities China Leaders ETF	S$1000
September 2025	Lion-China Merchants CSI Dividend Index ETF	S$1000
	Lion-OCBC Securities Singapore Low Carbon ETF	S$1000
	Lion-OCBC Securities China Leaders ETF	S$1000

* This example should not be considered as financial advice.

• Please refer to examples 1,2,3 and 4 on the indicative cashback amount.

Period of Promotion	T&Cs		Investment  Period	Cash Back	Eligible Counters
01 July 2025 – 30 September 2025	New to SBP S$300 Subscription into any of the Lion Global Investors’ eligible counters; for three consecutive months via GIRO.	Existing SBP Customers S$300 of fresh funds* into the Lion Global Investors’ eligible counters ; for three consecutive months via GIRO.	Three consecutive months subscription	Get S$50 cashback for every S$300 monthly subscription into any of the eligible counters during the promotion period. Eligible customer is allowed a maximum cashback of S$250 for each SBP account during the promotion period.	1) Lion-Nomura Japan Active ETF (Powered by AI) 2) Lion-OCBC Securities China Leaders ETF 3) Lion-OCBC Securities APAC Financials Dividend Plus ETF 4) Lion-OCBC Securities Singapore Low Carbon ETF 5) Lion-China Merchants CSI Dividend Index ETF 6) Lion-China Merchants Emerging Asia Select Index ETF

*Funds invested as a result of change of investment instructions between the Lion Global Investors’ selected counters will not be considered as fresh funds and hence not eligible for the promotion.

Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period.

You’re all set to participate in this Promotion!

View full Terms and Conditions

Disclaimers:

1. All the examples of investment counter and amount should not be considered as financial advice.
2. This promotion is intended for general information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units in any fund and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in this promotion are not necessarily indicative of future or likely performance of any fund. You should read the prospectus of the respective ETFs (which is available on websites of the issuers) and understand their structure and associated risks before deciding to invest. Any opinion or view herein is made on a general basis and is subject to change without notice. You may wish to obtain advice from a financial adviser before making a commitment to purchase any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you. SBP is a Regular Savings Plan and is not a deposit and not principal protected nor a capital guaranteed plan.
3. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the shares and the income from them may fall as well as rise. Past performance is not necessarily indicative of future performance. Investments in Regular Savings Plan are designed to produce returns over the medium to long term and are not suitable for short-term speculation.
4. Any opinion or view herein is made on a general basis and is subject to change without notice.
5. You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.
6. The information is correct as at the date of print and the company reserves the right to revise the charges.
7. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Amova E Fund ChiNext Index ETF

Initial Offering Period (IOP) from 3 to 14 July 2025

Invest Now

More About Amova E Fund ChiNext Index ETF

Designed to reflect performance of the ChiNext board of the Shenzhen Stock Exchange (SZSE), the ChiNext Total Return Index provides a benchmark for China’s innovative and venture enterprises. The ChiNext Index consists of the top 100 largest and most liquid A-share stocks listed on the ChiNext board of SZSE, weighted by free float market capitalisation.

Why Invest in Amova E Fund ChiNext Index ETF

Discover tomorrow’s potential winners across promising investment themes

ChiNext constituents comprise sectors of Energy Transition Technologies, Next-Gen Manufacturing, Smart Infrastructure, and Healthcare Life Sciences.

Enjoy tailwinds from China’s national vision

The ChiNext Index constituents are strategically positioned in sectors that enjoy the tailwinds of China’s national vision and goals.

Gateway to untapped opportunities

China is well-known for being a global leader with a track record in Innovation. The ChiNext Index provides investors access to companies that could be under the radar, an untapped territory of opportunities and allows for an early-mover advantage into China’s innovation economy with lower exposure to State-owned enterprises.

Top 10 constituents

How to Subscribe to the ETF During the IOP via POEMS 2.0

1. Log in to POEMS 2.0, then navigate to ‘Account Management’ > ‘Online Forms’ > ‘IPO Subscription – Irrevocable Form’ or click here.
2. Select the IPO you wish to subscribe to.
3. Review and accept the Prospectus, and Terms & Conditions before subscribing to the Financial Product.
4. Applications close at 5pm on Monday, 14 July 2025. 
5. Ensure sufficient funds are available in your POEMS Account to complete the application process (including the subscription amount, transfer fees, and GST) by 5pm on Monday, 14 July 2025.

Brochure Product Highlights Sheet

Webinars Lineup

Your Gateway to China’s untapped opportunities

10 Jul, Thu 2025 07:00 PM - 08:00 PM

Ms Yi Dan Hou | Business Development Associate | Nikko Asset Management Asia Limited

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IOP Subscription Details

IOP Subscription Details
Subscription Period	3 July 2025 to 14 July 2025
Listing Date	22 July 2025
Subscription Price	SGD 1.00 per unit
Minimum Quantity	1,000 units
Commission Fees	Zero Commission
Transfer Fees	S$10.00 (subject to GST) for Cash Management Account. Other Phillip Investment Account Types will not be subject to transfer fee charge.
Trading Currency	SGD, RMB, USD
Allotment	Full Allotment

Key Information

Key Information
ETF Name	Amova E Fund ChiNext Index ETF
Underlying Index	ChiNext Total Return Index
Issue Price	SGD 1.00 per unit
Initial Offer Period (IOP)	3 July 2025 to 14 July 2025
Listing Date	22 July 2025
Base Currency	RMB
Trading Currency	SGD, RMB, USD
SGX Code	SGD-Hedged Share Class: CXT RMB Share Class: Primary Currency (RMB): CXN Secondary Currency (USD): CXO
Trading Board Lot Size	1 unit
Management Fee	0.30% p.a.
Replication Strategy	Optimisation or Representative Sampling
Classification Status	Excluded Investment Product

Terms and Conditions for Initial Offer Period for Amova E Fund ChiNext Index ETF

1. The subscription period for Amova E Fund ChiNext Index ETF (“ETF”) is from 3 July 2025, Thursday at 9am to 14 July 2025, Monday at 5pm. 
2. The online subscription will close on 14 July 2025 at 5pm. No new applications, amendments, or withdrawals are allowed after this deadline. 
3. Eligible Accounts to subscribe for the ETF must be Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and Share Financing (V) Accounts.  Cash Trading Accounts (T) are not eligible to participate in this subscription. 
4. For Cash Management Accounts, an additional transfer fee of S$10 (subject to GST) will be charged for the subscription application.
5. Only one application is allowed per Account. 
6. Each ETF unit is priced at SGD 1 and the minimum order quantity is 1,000 units, with an incremental order size of 1,000 units. 
7. There are zero commission fees. 
8. The total amount payable is denominated in SGD. The settlement currency will be in SGD. 
9. Sufficient funds (including transfer fee and GST) must be present in the Customer’s Account by 14 July 2025 at 5pm for applications to be successful.
10. Applications will be rejected if the Account does not have or reflect sufficient funds after 14 July 2025 at 5pm. 
11. ETF units will be credited to the clients’ CDP or clients’ sub-account with Phillip Securities Pte Ltd by 22 July 2025.
12. Customers will receive the full allotment of the number of ETF units that they subscribe to. 
13. Customers can start trading the ETF units when the ETF is listed on SGX on 22 July 2025 at 9am. 
14. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and/or delete any time of these Terms & 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 shall be final and binding on all participants. 
15. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
16. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 

Terms and Conditions for IOP Promotion

1. Customers who subscribe S$10,000 or more in the Amova E Fund ChiNext Index ETF (“ETF”) will receive a S$35 in cash credit. Those who invest between S$6,000 and S$9,999 will receive a S$25 in cash credit. Cash credit will be awarded only to subscribers who successfully fulfil a one-month holding period after the listing date.
2. The Campaign period is from 3 July 2025, Thursday at 9am to 14 July 2025, Monday at 5pm. 
3. The Cash Credit is limited to the first 250 Customers.
4. The Cash Credit is limited to one reward per Customer.
5. This promotion is limited and available on a first-come, first-served basis.
6. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and/or delete any time of these Terms & 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 shall be final and binding on all participants. 
7. In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained. 
8. By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions. 

Events Lineup

17 Mar, Mon 2025 07:00 PM - 08:00 PM

ETFs

Mr Lai Yeu Huan | Joint Head of Asian Equity | Nikko Asset Management Asia Limited

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Shares Builders Plan Promo (Young Investor Programme)

Terms and Conditions

1. The Promotion Period is from 4 Oct 2025 (0000hrs) to 31 Dec 2025 (2359hrs), both dates inclusive.
2. The first 100 Customers who sign up for Share Builders Plan (SBP) or Junior Share Builder Plan (JSBP) and invest in the eligible Hong Kong Singapore Depository Receipts (HK SDR) counters during the Promotion Period will receive a S$50 cash reward.
   
3. Eligible Customers aged 18 to 30 years old will receive an additional S$50 cash reward (total S$100).
4. Eligible Customers will receive the cash reward, subject to the following conditions:
   • The Customer’s SBP or JSBP account must be opened and successfully linked to eGIRO.
   • A minimum monthly investment of S$100 must be made for at least 6 consecutive months.
   • Any failed GIRO deduction, or any suspension or termination of the SBP or JSBP account during the 6-month qualifying period will result in Customer being disqualified.

5. The qualifying period begins from the date of the first successful monthly investment.
6. The S$50 or S$100 cash reward will be credited to the Customer’s SBP or JSBP account within 30 business days after completing the 6-month qualifying period.
7. Customers will receive an email confirming their eligibility within 7 business days of account opening.
8. Each customer is limited to one reward under this promotion.
9. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
   • Customers who engage the services of a representative from an external provider (B2B).
   • Corporate Accounts and Institutional Accounts.
   • All employees of PSPL’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).

10. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
11. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
12. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
13. This advertisement has not been reviewed by the Monetary Authority of Singapore.

FAQs

Who is eligible to participate in the Promotion?

This promotion is open to the first 100 Customers who sign up for Share Builders Plan (SBP) or Junior Share Builder Plan (JSBP) and invest in the eligible Hong Kong Singapore Depository Receipts (HK SDR) counters.

How can I open a Share Builders Plan account and apply for eGIRO?

You’ll need a POEMS account to open an SBP account. 

• If you don’t have a POEMS account yet, open a POEMS account HERE 
• If you already have a POEMS account, follow the steps below to open an SBP account and apply for eGIRO:

Via POEMS Mobile 3 App

1. Login > Trade Tab > Regular Savings Plan (RSP) > Share Builders Plan > Tap Begin
2. Select counter(s) > Tap “Add Counter” > Set monthly investment amount
3. Review > Click on “Continue” to submit

After submitting, you’ll be prompted to apply for eGIRO, click on “Apply GIRO”.

If you accidentally close the tab, go to Me > Form > eGIRO > Apply GIRO.

Via POEMS 2 Web

1. Login > Acct Mgmt > Regular Savings Plan (RSP) > Share Builders Plan (SBP)
2. Click “here” to apply for SBP

      3. Select your counter(s) and set your Buy Amount

       4. Review and submit

After submitting, you’ll be prompted to apply eGIRO, click on “Apply GIRO”.

If you accidentally close the tab, go to Stocks > Online Form > Account Application > GIRO > Apply GIRO.

Why and when do I need to apply for eGIRO?

To be eligible, your account must be successfully linked to eGIRO; this marks the start of your 6-month qualifying period. 

Setting up eGIRO ensures your monthly investment is automatically funded, so you never miss a contribution.

Act fast! Open your SBP account, set up eGIRO, and start investing to be among the first 100 eligible customers to receive the S$50 reward!

Can I open more than one account to participate in the promotion?

No, each customer is eligible for only one reward under this promotion.

What are the counters available?

To participate in this promotion, you must invest in the HK SDR counter.

Considering adding other counters beyond HK SDR counters? View the full list here. 

When will I receive my rewards?

Eligible customers will receive the cash reward in their SBP account within 30 business days after completing the 6-month qualifying period.

How can I check my reward?

You can view the reward in your SBP monthly statement.

From 1 July 2025 to 30 September 2025

Trade SocGen DLCs at 0 commission!

Trade Now

What is a DLC?

A Daily Leverage Certificate (DLC) is a form of structured financial instrument issued by banks and traded on the securities market. DLCs offer investors fixed leverage of 3 to 7 times the daily performance of an underlying index, be it a rising or falling market. The basic principle is simple – if the underlying index moves by 1% from its closing price of the previous trading day, the value of the 3x DLC will move by 3%.

SGX is Asia’s first venue to offer trading in DLCs, allowing investors to gain fixed leveraged exposure to developed Asian market indices and single stocks. This comes without the features impacting pricing for options such as implied volatility, time decay or margin calls.

DLCs were first introduced in Europe in 2012, where they are also called constant leverage products or factor certificates. They received wide interest from investors in Europe shortly after their launch.

Don't have an Account yet?

Open an Account Now

Alternatively, visit any of our Phillip Investor Centres or contact your trading representatives.

Why Trade DLCs?

Leverage up to 7 times the daily performance of an underlying index

Flexibility to trade both rising and falling markets

Low capital outlay and loss is limited to invested amount

No margins. No implied volatility impact. No time decay impact.

Transparent pricing due to tradability of the products on exchange

For more about Daily Leverage Certificates (DLCs), you might refer to here.

 

Frequently Asked Questions

What are the benefits of trading DLCs ?

As a leverage product, Daily Leverage Certificates (DLC) give investors  increased exposure to an underlying asset with the potential for higher returns. The leverage of a DLC can be 3, 5 or 7 times. Based on 5x leverage, if the underlying asset, typically a single stock or index, moves 2% in favour from its previous closing price, you earn a 10% gain on the DLC (2% * 5 = 10%). However, if the underlying asset moves in the direction against your position, you could experience a -10% loss. 

How do I identify if the DLC listed is issued by Societe Generale?

You can identify the Issuer by the name of the DLC. Let’s use the counter Tencent for example. The Tencent DLC name is NUGW – Meituan 5xLongSG250924

NUGW	Counter Code
Meituan (3690.HK)	Underlying
5x	Leverage Factor
Long	Long/Short
SG	Issuer (SG = Societe Generale)
24092025	Expiry Date (YYMMDD)

Do note that only Societe Generale DLCs will be counted for this promotion.

 

Terms & Conditions

Terms and Conditions

1. This 0 Commission promotion is for Customers who traded Daily Leverage Certificates (“DLCs”) issued by Societe Generale (“SocGenDLCs”) from 1 Jul 2025 to 30 Sep 2025 (the Promotion Period).
2. Eligibility Criteria for the promotion:

o   Accounts used for trading of SocGen DLCs must be Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and Share Financing (V) Accounts.

o   Only BUY Trades will be eligible.

o   BUY or SELL Trades of the same counter listed on SGX, executed on the same trading day via POEMS Trading Platforms, using the same payment mode (cash/SRS)  and under the same Account, are considered as one trade. This is because only one commission is charged for such trade orders. Please refer to HERE for more information.

3. The Cash Rebate is capped at S$200 per Customer, regardless of the number of Eligible Accounts through which the Customer places SocGen DLCs trades during the Promotion Period.
4. Each Customer can only claim the reward once. Customer(s) with multiple Accounts will not qualify for the reward again.
5. Eligible customers will receive the Cash Rebate at the end of Nov 2025. [Note: Commission fees will continue to be charged at the time of each eligible trade. The total commission amount (capped at S$200) will be credited as a Cash Rebate to eligible Customers after the end of the Promotion Period.]
6. The following Customers are not eligible for this promotion, unless approved by the management of “PSPL”:

o   PSPL institutional Customers and corporate Customers

o   PSPL Account holders whose Accounts have been suspended, cancelled or terminated

7. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
8. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
9. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.

Redeem "Strategy & Stock Picks Q3 2025 (SSPQ325) Carpark Coupon  at Singapore Swimming Club (SSC) on 28 June 2025" with 200 POEMS Reward Points (worth S$10) Redeem "Strategy & Stock Picks Q3 2025 (SSPQ325) Carpark Coupon at Singapore Swimming Club (SSC) on 28 June 25" with 200 POEMS Reward Points (worth S$10) Redeem Now

About the Carpark Coupon:

This carpark coupon redemption is only applicable for attendees who have successfully registered for our physical Strategy & Stock Picks Q3 2025 event to be held at Singapore Swimming Club on 28 June 2025. 

Please note that:

• parking coupon can only be utilised on the event day
• parking has been reserved at the non-member multi-storey carpark (Levels 4 & 5) 
• parking is subject to availability on a first-come-first-served basis. 

 

About this Event:

Unlock Investment Opportunities in Key Markets – Join Us at the Strategy & Stock Picks 3Q2025 - 50th Anniversary Special proudly organised by POEMS!

Looking to sharpen your investment edge? Join us for an exclusive full-day event, designed for discerning investors like you who want to stay ahead of the markets.
Gain expert insights and strategic stock recommendations across key markets – Singapore, China & Hong Kong, and the U.S. – delivered by professional analysts.

Whether you're investing in ETFs, DLCs, REITs, or exploring new opportunities, our curated sessions will help you build smarter, more informed investment strategies tailored to your financial goals. Fireside chat with top management of SREITs, fun games with prizes and much more happening in the event date!

Date	28 June 25, Saturday
Time	9am - 4:45pm
Location	Singapore Swimming Club 45 Tanjong Rhu Rd, Singapore 436899
POEMS Reward Points to Redeem One Carpark Coupon	200 Points (worth S$10)

Date	28 June 25, Saturday
Time	9am - 4:45pm
Location	Singapore Swimming Club 45 Tanjong Rhu Rd, Singapore 436899
POEMS Reward Points to Redeem One Ticket	200 Points (worth S$10)

Redeem Now

How to Redeem?

On POEMS 2.0 Web

1. Login to POEMS 2.0 Web 
2. Head to ‘Markets & Data Rewards’ tab, under Voucher to find “SSPQ325 Carpark Coupon at SSC on 28 Jun 25“
3. Tick the checkbox and redeem it using your 200 POEMS Reward Points
4. Click the “Submit” button to finalise your redemption. 

Upon Submission

You will receive the confirmation email to your registered email address with POEMS within 5 working days. 

Frequently Asked Questions

Why am I unable to redeem the SSPQ325 Carpark Coupon at Singapore Swimming Club on 28 June 25?

This could be that you have insufficient POEMS Reward Points for redemption.

How many SSPQ325 Carpark Coupon at Singapore Swimming Club can I redeem?

Each Account holder could only redeem one carpark coupon on POEMS Rewards.

When is the latest date that I could redeem the SSPQ325 Carpark Coupon at Singapore Swimming Club on POEMS Rewards?

Please kindly redeem the carpark coupon on POEMS Rewards latest by 26 June 25. 

What will happen once I redeemed the SSPQ325 Carpark Coupon at Singapore Swimming Club on POEMS Rewards?

You will receive the confirmation email to your registered email address with POEMS within 5 working days. 

Is there a refund if I do not want to attend the SSPQ325 event after I redeem?

There won’t be a refund once you have redeemed the carpark coupon on POEMS Rewards.

Who can I contact if I have some enquiries?

For enquiries, please email us at hello@phillip.com.sg 

Grow Your US Portfolio with Just a Fraction of a Share

Open an Account

Grow Your US Portfolio with Just a Fraction of a Share

Open an Account

What Challenges Do Investors Face?

Limited Cash Flow

Invest at your own pace. With flexible entry amounts, investing becomes a regular habit, not a major event.

Market Intimidation

Learn with POEMS. Build your confidence through connecting with our community. Join our webinars for more tips.

High Cost of Entry

Fractional shares let you start investing with just a few dollars. Own a portion of leading stocks without committing thousands.

What Challenges Do Investors Face?

High Cost of Entry

Fractional shares let you start investing with just a few dollars. Own a portion of leading stocks without committing thousands

Market Intimidation

Invest at your own pace. With flexible entry amounts, investing becomes a regular habit, not a major event.

Limited Cash Flow

Learn with POEMS. Build your confidence through connecting with our community. Join our webinars for more tips.

Invest in US Stocks, One Fraction at a Time

Why pay for a full share when you can start investing with any amount that fits your budget?

Invest in US Stocks, One Fraction at a Time

Invest in Premium Stocks Without the Full Price

Own a slice of big names like Amazon, Apple, or Tesla - without paying the full price. Now, you don’t have to wait to afford a full share.

Stay Diversified,
Even on a Budget

Don’t put your hopes in one stock. With fractional shares, even a small budget can be spread across different sectors and companies.

Perfect for Dollar-Cost
Averaging

Put your money to work regularly, no matter the market ups and downs. With fractional shares, it's easy to invest small amounts over time.

Why Trade US Fractional Shares with POEMS?

Trade from as low as US$0.88 commission per fractional order*

Dedicated Specialist available

NO Platform Fee

US Fractional Shares Order Details

Eligibility of Order Types

• Only Regular Trading Hours (RTH) Limit and Market orders are eligible.

• US Fractional Trading is not eligible for extended hours and GTD orders.

Minimum Order

• The minimum order for US Fractional shares orders is 0.001

• US Fractional Shares national value must be more than US$1 per order

Corporate Actions

• US Fractional shares are still subject to corporate actions (e.g. stock splits, dividend distributions, and others)

• US Fractional shares are non-transferable and investors are not entitled to voting rights.

Check Out Our Tutorial Video on US
Fractional Shares

Open an Account & Start Trading with POEMS!

Start your trading journey with POEMS and experience a smarter way to manage your investments on our platform!

Open Account

FAQ

1. What is the minimum order for US Fractional share orders?

US Fractional Shares require a minimum notional value of US$1 per order.

US Fractional Shares are supported up to three decimal points (e.g. 0.001).

2. What are the eligible order types to trade US Fractional Shares?

US Fractional Shares can only support Market and Limit orders.  

3. Where can I trade US Fractional shares?

US Fractional Shares can be traded under the normal trade ticket. 

4. What are the available types of accounts that are eligible to trade US Fractional shares?

US Fractional shares are available on Cash, Cash Management, Margin, Cash Plus, Custodian, and Prepaid Custodian Accounts. 

Client will need to acknowledge a Fractional Risk Disclosure Statement prior to Fractional shares trading.

5. Which are the POEMS trading platforms that US Fractional Shares are available to trade on?

US Fractional shares are available for trading on POEMS 2.0 Web and POEMS Mobile 3 App.

6. What is the commission fee for US Fractional share?

The commission for US Fractional shares (i.e. less than 1 share) is US$0.88 per order.

If it’s more than 1 share (i.e. 1, 1.5, 100 shares etc), the commission will follow the customer prevailing commission rate. 

7. How can I identify shares available for US Fractional trading?

US Fractional shares are indicated by a fractional tag displayed alongside their ticker symbol.

8. How do I execute Dollar-based orders?

To place Dollar-based orders,

on POEMS 2.0, navigate to the desired US Fractional counter > select Market order > select Dollars > Buy

on POEMS Mobile 3 App, navigate to the desired US Fractional counter > select Market order > toggle to Dollars > Place BUY Market Order

 

9. Who do I contact directly if I have any enquiries?

You may contact your specialist/Trading Representative. Your Trading Representative’s contact information can be retrieved via the methods shown below:

1) Login to POEMS 2.0 > My Setting > Contact Us

2) On POEMS 2.0 Homepage, click Phillip Chatbot (Orange logo located on the right screen) and type ‘remisier details’ to retrieve your Trading Representative’s contact details.

3) Login to POEMS Mobile 2.0 app > tap on the Menu > Help > Call Broker.

4) Login to POEMS Mobile 3 app > Me Tab > Support > Help Service > Call Broker.

Alternatively, you may call us at 6531 1555 for assistance to retrieve your Trading Representative’s contact details.

Redeem your Free US Fractional Share Trades!

Start Small, Grow Big – Build Your U.S. Portfolio!

OPEN ACCOUNT & TRADE NOW

Think Trading the U.S. Market is Too Expensive?

Get Your First 5 Trades on U.S. Every Month

(worth US$44)

OPEN ACCOUNT & TRADE NOW

Note: The 6th trade onward will be charged to the standard fractional standalone brokerages - US$0.88.

Unsure Which U.S. Companies to Trade?
Kickstart Your Portfolio with These Top Picks:

Note: The 6th trade onward will be charged to the standard fractional standalone brokerages - US$0.88.

Why Trade US Fractional Shares with POEMS

US$

0.88

Trade from US$0.88 commission per fractional order*

No Custody fee

Dedicated Specialist available

*Only for less than 1 share order quantity, else existing brokerage will apply.

US Fractional Shares Order Details

Eligibility of Order Types

• Only Regular Trading Hours (RTH) Limit and Market ordes are eligible

• US Fractional Trading is not eligble for extended and GTD orders

Minimum Order

• The minimum order for US Fractional shares orders is 0.001

• US Fractional Shares national value must be more than US$1 per order

Corporate Actions

• US Fractional shares are still subject to corporate actions (e.g. stock splits, dividend distributions, and others)

• US Fractional shares are non-transferable and investors are not entitled to voting rights.

*Only for less than 1 share order quantity, else existing brokerage will apply.

Unlocking Investment Opportunities
with Fractional Shares and Thematic Portfolios

READ NOW

New to POEMS?

1. Open an Account

2. Once your POEMS Account is successfully opened, login to either POEMS 2.0 or POEMS Mobile 3 App to opt-in to US Fractional Share

POEMS 2.0

1. Login to POEMS 2.0 > Head over to “Trade” Tab > “Stocks” tab

2. Select any US Market (AMEX, NASDAQ, NYSE) in the drop down menu

3. Click on the button called “Opt-in for Fractional Shares” to opt-in.

POEMS 3.0

1. Login to POEMS Mobile 3 App > Head over to “Me” Tab.

2. Scroll below to the “Activations” section and select “Fractional Opt-in”.

Check Out Our Tutorial Video on US
Fractional Shares

Unwrap Your Welcome Gifts

worth up to

S$2,025

OPEN ACCOUNT NOW

REFER

AND EARN!

Receive Cash Credit up to S$680

OPEN ACCOUNT NOW

Transfer-in & Get Rewarded

Transfer in your CDP Holdings at
ZERO Fees & Get Rewarded up to S$1,888!

Transfer-in &
Get Rewarded

Transfer in your CDP Holdings at ZERO Fees & Get Rewarded up to S$1,888!

Every portfolio needs the right launchpad.

Transfer your CDP Shares Now!

Transfer your CDP Shares

Exclusive Promotion

Enjoy the following Cash Credit rewards when you transfer in:

Unlock your Rewards!

*T&Cs Apply.

View Terms & Conditions for the Promotion

Invest Smarter. Partner with an Investment Specialist.

Receive expert advice on
trading and corporate actions

Tap onto years of
stock market experience

Accumulate your wealth with
a closely monitored portfolio

Receive customised strategies
that align with your goals

How to Get Started!

Submit the CDP Mass Share Transfer Request Free of Charge!

List of Eligible Accounts

• Cash Management

• Cash Trading

• Custodian

• Prepared Custodian

• Cash Plus

• Margin

Launch Into WAIVED Fees Now!

CDP Share Transfer Fee	Waived
Dividend Handling Fee (SGX-listed Securities)	Waived
Corporate Action Fee (SGX-listed Securities)	Waived
Account Maintenance Fee	Waived
Foreign Share Custody Fee	Waived
*Applicable to participants of cdp mass shares transfer page

Fee Waiver Table (Applicable to Participants of CDP Mass Share Transfer Request)
CDP Share Transfer Fee	Waived
Dividend Handling Fee (SGX-listed Securities)	Waived
Corporate Action Fee (SGX-listed Securities)	Waived
Account Maintenance Fee	Waived
Foreign Share Custody Fee	Waived

 

*Applicable to participants of cdp mass shares transfer page

Until 30 Sep 2027

CDP Share Transfer Fee Click HereDividend Handling Fee
(SGX-listed Securities)Click HereForeign Share Custody FeeClick HereCorporate Action Fee
(SGX-listed Securities)Click HereAccount Maintenance FeeClick Here

Get in touch with your Investment Specialist now!
Don’t have one? Contact us at 65311555 or talktophillip@phillip.com.sg

Why Build a Portfolio with Us 

Founded in 1975, with one of
the largest pools of Investment Specialists in Singapore today 

Receive a comprehensive range of Financial Services from our multi-licensed Investment Specialists.
(E.g. Licences in both portfolio management and financial advisory) 

24/7 access to your portfolio
via POEMS 

Stay one step ahead with
Real-time Market Insights   

Freuquent Asked Questions

Accounts

What types of Accounts are included in this CDP Mass Share Transfer Request?   

Only Cash Management, Cash Trading, Custodian, Prepaid Custodian, Cash Plus or Margin Accounts are eligible.  Upon submitting the Request, Cash Management or Cash Trading Accounts will be converted to Custodian Account.

Are all securities eligible to be transferred in? 

Only SGX-listed securities (e.g. shares, ETFs and bonds) and T-bills are eligible to be transferred in.

Which types of securities are not eligible for the CDP Mass Share Transfer Request?

 Below is a list of securities that are not eligible for the transfer:

• Rights Shares
• Singapore Saving Bonds
• Securities that are in “Blocked” status (e.g. Moratorium, Charge)
• Securities that are on loan as part of SGX SBL programme
• Unlisted counters
• Suspended counters

If I do not submit the CDP Mass Share Transfer Request, what will happen to my future trading activity?  

The CDP Mass Share Transfer Request is optional. If you choose not to submit this Request, you will continue trading with your CDP-linked account (i.e. Cash Management, Cash Trading).

Can Estate accounts with CDP participate in the CDP Mass Share Transfer Request?

No, Estate accounts are not eligible for the Request.

Can Corporate accounts with CDP participate in the CDP Mass Share Transfer Request? 

Yes, Corporate accounts are eligible for the Request. No change in beneficiary owner is allowed.

Can Joint Accounts with CDP participate in the CDP Mass Share Transfer Request? 

Yes, Joint Accounts are eligible for the Request. No change in beneficiary owner is allowed.

General

Are my monies and assets custodised with Phillip Securities Pte Ltd (“PSPL”) safe?   

Our customers’ monies and assets (including those assets that are held with appointed foreign custodians) are safe-kept in accounts which are designated as trust accounts for customers in compliance with the MAS’ requirements under the Securities and Futures Act (“SFA”) and Securities and Futures (Licensing and Conduct of Business) Regulations. Customers’ monies and assets are protected by keeping them in customer segregated accounts separate from PSPL’s own.

Section 104A of the SFA also provides that monies and assets belonging to customers are not available for payment of PSPL’s debts and shall not be liable to be paid or taken in execution under an order or a process of any court.

 

Submission  

How do I participate in this CDP Mass Share Transfer Request? 

You must opt-in for the transfer-in via login to POEMS Website at www.poems.com.sg.
Go to Account Mgmt > Stock > Online Form > Account Application> CDP Mass Share Transfer Request.

Can my remisier assist in completing the CDP Mass Share Transfer Request?  

No. You must log in to the POEMS website and agree to the terms and conditions in order to proceed with the Request.

Can I transfer my shares from one CDP Account to multiple POEMS Accounts?

No, you can only transfer all your securities and T-bills from one CDP account to one POEMS Account, namely Cash Management*, Cash Trading*, Custodian, Prepaid Custodian, Cash Plus, and Margin Account.

*Upon submission of the CDP Mass Share Transfer Request, Cash Management or Cash Trading Accounts will be converted to a Custodian Account. Learn more about Custodian Accounts here. 

Can I transfer my shares from my individual CDP account to a joint POEMS Account?  

No, you can only transfer shares from your individual CDP account to an individual POEMS Account or Joint CDP to Joint POEMS Account. No change in beneficiary ownership is allowed.  

If I have multiple POEMS Accounts, can I choose which POEMS Account to transfer to when I submit the CDP Mass Share Transfer Request?

Yes, you will need to specify which POEMS account will be the recipient of the CDP Mass Share Transfer Request during the submission process. If you select either a Cash Management or Cash Trading account, it will be converted to a Custodian Account.

Fees

After the CDP Mass Transfer Request is completed, do I have to pay for any ongoing fees?  

Please click here for the table regarding fee waivers. Any fees accrued prior to the transfer will not be waived. For example, if there is an outstanding fee in the existing Custodian Account, the customer will still need to settle this fee.

If I initiate the CDP Mass Share Transfer Request and later decide to move shares to another broking firm or back to CDP, will there be any fees imposed? 

The process for transferring shares back to CDP or to another broking firm may incur fees. Please refer to the link for Share Transfer Fees and procedures: https://www.poems.com.sg/share-bond-unit-trust-transfer/

After the CDP Mass Share Transfer Request 

Will my POEMS Trading Account numbers remain the same after the Mass Share Transfer Request is completed? 

Yes. Your POEMS Account numbers will remain the same.  

After my Cash Management or Cash Trading Account is converted to a Custodian Account, will there be any changes to the brokerage rates, trading limits and contra facility?

There will be no change to existing brokerage rates, trading limits and contra facilities. 

What will happen to my Giro arrangement after the conversion from a Cash Trading Account to a Custodian Account? 

The GIRO linkage (if any) for the Cash Trading Account will be delinked after conversion. However, you can apply for EPS via POEMS login. 

What will happen to my EPS arrangement after conversion from a Cash Trading Account to a Custodian Account? 

There will be no change to the payment arrangement. 

What will happen to my CDP account when my Cash Management or Cash Trading Account is converted to a Custodian Account after the CDP Mass Share Transfer Request?

The CDP linkage will be delinked from the Custodian Account but your CDP account will not be closed by CDP. Please note that you cannot sell new holdings kept with CDP unless you transfer the holdings into the Custodian Account again. 

After the CDP Mass Share Transfer Request, can I still hold newly purchased shares in CDP through other broking firms?

Yes, your CDP account will remain active. You can still purchase shares through other broking firms and keep the new holdings with CDP. However, you must remember to transfer the new holdings from CDP into your POEMS Account if you wish to sell the new holdings through us.

After the CDP Mass Share Transfer Request, can I sell the transferred-in holdings through other broking firms?

No, you can only sell your holdings via the same POEMS Account

Can I apply for IPOs after the CDP Mass Share Transfer Request? 

You can continue to manage your assets that are not held under our custody and are able to apply for IPOs through the usual channels. However, allocation of shares will not be credited to your POEMS Account unless you initiate the Mass Share Transfer Request again. 

After the CDP Mass Share Transfer Request, how will I be able to track my holdings with POEMS and CDP?  

You can view your holdings held under our custody via POEMS login.
To check your CDP holdings, login to the CDP portal. 

After the CDP Mass Share Transfer Request into my Custodian Account is completed, will overselling of shares be prevented?

For SGX-listed securities kept in your Custodian Account, there is a possibility of short-selling because our system will not check your local shareholdings in your accounts. However, you are unable to short-sell foreign shareholdings kept in your Custodian Account.  

Can I apply for T-bills from my POEMS Account after the CDP Mass Share Transfer Request?

Yes, please refer here for more information: SGS (Singapore Government Securities) T-Bills, SGS Bonds, U.S. Treasury available in POEMS 

Can I cancel my Request after the CDP Mass Share Transfer Request is submitted?

Yes, you can cancel the Request before 4.30pm on the same day.

How do I know that the CDP Mass Share Transfer Request is successful? 

You will receive an email notification once the CDP Mass Share Transfer Request is completed. 

How long will the CDP Mass Share Transfer Request take? 

The CDP Mass Share Transfer Request may take effect within 2 business days, provided you do not have any outstanding positions in your CDP Accounts. You will receive an email notification after the transfer Request has been completed 

If there is an outstanding position, can I submit the CDP Mass Share Transfer Request?

You can still submit the Request, but it will be sent to CDP for processing after all outstanding positions are closed. 

Terms & Conditions

SMART Park Credits Reward (Sep - Dec 2025 Promotion)

1. The promotion is only valid for Customers who transfer in Eligible Assets from CDP fully to Eligible Accounts from 1 September 2025 to 31 December 2025, both dates inclusive.
2. Customers who previously participated in our previous CDP Mass Share Transfer promotions will still be eligible to participate in this promotion again.
3. Eligible Customers will receive Excess Funds Management SMART Park credit of:
   
   1. S$88 for transferring S$100,000 to S$199,999 worth of Eligible Assets
   2. S$188 for transferring S$200,000 to S$499,999 worth of Eligible Assets
   3. S$288 for transferring S$500,000 to S$999,999 worth of Eligible Assets
   4. S$588 for transferring S$1,000,000 to S$1,999,999 worth of Eligible Assets
   5. S$1,888 for transferring S$2,000,000 or more worth of Eligible Assets
4. Eligible Assets are all SGX-listed securities (e.g. shares, ETFs and bonds) and T-bills.
5. Customers are required to opt-in to the Excess Funds Management Facility (SMART Park) within 90 days of the submitted request.
6. Eligible Accounts for submitting the CDP Mass Share Transfer Request include: Cash Management, Cash Trading, Custodian, Prepaid Custodian, Cash Plus, or Margin Account.
   (Upon submitting the CDP Mass Share Transfer Request, Cash Management or Cash Trading Accounts will be converted to Custodian Accounts)
7. The total value of Eligible Assets transferred must be maintained in the Account for 90 calendar days.
8. SMART PARK Credits will be credited before the end of April 2026.
9. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
10. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, 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 shall be final and binding on all participants.
12. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Unlocking the Power of Gold in a Volatile Market!

Date	23 May 25, Friday
Time	7pm - 8pm
Location	Phillip Investor Centre - Raffles City Tower, 250 North Bridge Road Raffles City Tower #06-00 Singapore, 179101
POEMS Reward Points to Redeem One Ticket	300 Points (worth S$5)
Food provided?	Yes

About this Event: Gold’s diverse sources of global demand, ranging from demand from jewellery, investment, technology, and central bank have been the source of its low historical correlation to stocks and bonds. The unique status of gold may appeal to investors looking for ways to manage portfolio risk as well as to benefit from its capital appreciation and wealth preservation potentials. With gold prices continuing to hit record highs led by factors such as rising market volatility from Trump’s policies, tariff concerns, and ongoing geopolitical tensions, global investors including central banks have been actively buying gold as an important diversifier. Join us at this seminar on 23 May, Fri at 7pm where Mr. Robin Tsui, APAC Gold Strategist at State Street Global Advisors will share his insights on the outlook for gold in the second half of 2025. Discover the key fundamental and economic drivers expected to sustain the current gold bull market. A complimentary meal will be served, complementing an evening of valuable insights and discussion.   Speaker Profile: Mr Robin Tsui, APAC Gold Strategist at State Street Global Advisors Robin Tsui (CAIA, CA ANZ, HKICPA) is the APAC Gold Strategist at State Street Global Advisors. In his role, Robin supports institutional and intermediary sales efforts in APAC to increase investor awareness of gold as a strategic asset class in investment portfolios. Robin leads the gold business strategy to grow SPDR Gold ETFs’ market shares through research, education, product positioning collateral and client engagements. Prior to this role, Robin served as the Interim Head of SPDR ETFs and SPDR Gold Sales Specialist for Hong Kong at State Street Global Advisors. Prior to joining State Street Global Advisors, Robin held the position of Manager, Investment Product & Research at the World Gold Council. Before joining the World Gold Council, Robin was the lead metals and mining equity research analyst at Bank of China International (BOCI). Prior to joining BOCI, Robin covered the metals & mining industry at Haitong International. Robin began his career at EY in Melbourne, Australia. Robin has 16 years of experience covering commodities. Robin holds the Chartered Alternative Investment Analyst designation (CAIA) and is both a Chartered Accountant in Australia & New Zealand (CA ANZ) and a Certified Public Accountant in Hong Kong (HKICPA). As Head of Macquarie Warrants Singapore, Jamie has extensive experience educating investors on leveraging warrants to enhance portfolio returns while mitigating potential risks. She will provide a warrant selection demonstration and answer any warrant-related questions you may have.

Frequently Asked Questions

Why am I unable to redeem the “Can the Gold Rally Continue?” seminar ticket? This could be that you have insufficient POEMS Reward Points for redemption. What will happen once I redeemed the “Can the Gold Rally Continue?” seminar ticket on POEMS Rewards? We will assist to register your details for you on the Eventbrite page and you will receive the confirmation email to your registered email address with POEMS. Is there a refund if I suddenly couldn’t make it to the “Can the Gold Rally Continue?” seminar after I redeem? There won’t be a refund once you have redeemed the ticket on POEMS Rewards. Who can I contact if I have some enquiries? For enquiries, please contact us at 6812 1565 or email to TJ_Team@phillip.com.sg

Earn Up to S$600 in Rewards Refer and Share with
Your Friends & Family. Generate Copy Link

Share your referral link

* Earn S$60 for each referral, up to a maximum of 10 new account holders

For Referrer

Steps

Rewards

Share Your Unique Referral link

Your Friends & Family Opens a POEMS Account with SMART Park Opt-in

(Excess Fund Management)

S$10

Stock Coupon

Your Friends & Family Funds a Minimum of S$3,000

(within 14 days of Account opening & holds it for 30 days)

S$50

Cash Credit

For Referee

Steps

Rewards

Sign Up Using the Unique Referral Link

Opt-in to SMART Park

(Excess Fund Management within 14 days)

Zero US Commission (Only for Cash Plus)
Zero Sales Charge on Unit Trusts
Free SGX Market Depth
Free Live Prices on Popular Markets

Funds a Minimum of S$3,000 & Trade

(within 14 days of account opening, holds the funds for 30 days, and execute the eligible trades* within 90 days)

Free Fractional Shares

For Referrer

Steps

Rewards

Share Your Unique Referral Link

Your Friends & Family Opens a POEMS Account with SMART Park Opt-in

(Excess Fund Management)

S$10

Stock Coupon

Your Friends & Family Funds a Minimum of S$3,000

(within 14 days of Account opening & holds it for 30 days)

S$50

Cash Credit

For Referee

Steps

Rewards

Sign Up Using the Unique Referral Link

Opt-in to SMART Park

(Excess Fund Management within 14 days)

Zero US Commission (Only for Cash Plus)

Zero Sales Charge on Unit Trusts

Free SGX Market Depth 

Free Live Prices on Popular Markets

Funds a Minimum of S$3,000 & Trade

(within 14 days of account opening, holds the funds for 30 days, and execute the eligible trades* within 90 days)

Free fractional shares

Refer Now

Rewards for Your Family & Friends

What will They get when They Open an Account?

Rewards for Your Friends & Family

What will They get when They Open an Account?

More Rewards When They Fund & Trade

FREE Fractional Share

AMAZON

(Worth S$50)

Tier 1:

Fund a Minimum Deposit of S$3,000 within 14 days of Account Opening

Hold the Funds in the Account for 30 days

Complete 3 BUY Trades (Stocks/ETFs/Unit Trusts) within 90 days of Account Opening

FREE Fractional Shares

AMAZON

(Worth S$50)

MICROSOFT

(Worth S$100)

Tier 2:

Fund a Minimum Deposit of S$10,000 within 14 days of Account Opening

Hold the Funds in the Account for 30 days

Complete 5 BUY Trades (Stocks/ETFs/Unit Trusts) within 90 days of Account Opening

Learn More about Welcome Gifts

Frequently Asked Questions

What will I receive when I refer a friend to POEMS?

You will receive S$10 Stock Coupon and S$50 Cash Credit when the following has been verified:

(a) Your friend is new to Phillip Securities, has successfully opened a Cash Plus Account or Cash Management Account with Excess Funds Management (SMART Park) opt in >> You will receive S$10 Stock Coupon

(b) Your friend funded at least S$3,000 into their Account within 14 days of Account opening and does not withdraw the funds for 30 days >> You will receive S$50 Cash Credit

Am I eligible to be a referrer/referee?

All existing POEMS Account Holders with any of the following Accounts can be referrers: 

1. Cash Plus Account
2. Margin Account
3. Cash Management Account
4. Prepaid Account
5. Custodian Account 
6. Share Financing Account

As a referee, you must not have or have had any Accounts with Phillip Securities Pte Ltd.

What is the maximum number of referrals?

You can refer up to 10 referees.

When will my referee be able to enjoy Zero commission on US stocks?

Referees will receive a notification email on the activation of the Zero US Commission for 30 days Reward within 2 working days following their Account opening.

When will I receive the S$10 Stock Coupon and S$50 Cash Credit?

The S$10 Stock Coupon will be redeemable within 10 working days via POEMS Mobile 3 App > Me > Rewards Inventory once your Referee has fulfilled the requirements (open Cash Plus or Cash Management Account and opts into Excess Funds Management (SMART Park))

The S$50 Cash Credit will be credited into the Referrer’s POEMS Account once it has been verified that the Referee has not withdrawn the fund for 30 days. This process may take up to 40 days following the funding date.

Is the S$10 Stock Coupon only redeemable on POEMS Mobile 3 App? What if I am using POEMS 2.0 App?

Yes, the S$10 Stock Coupon is only redeemable on POEMS Mobile 3. If you are using POEMS 2.0 App, please download POEMS Mobile 3 and log in to claim the Coupon. If you fail to do so by 15 June 2025, your Stock Coupon will be forfeited.

Does the referee need to enter a referral code while signing up?

No, the referee only needs to open an Account using the unique referral link you provide.

What happens if my referee forgot to use my referral link when opening an Account?

We regret that in such cases, it will not be considered as a successful referral.

What if I am a Cash Trading Account holder? Am I eligible for this promotion?

No. Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account.

How do I convert my Cash Trading Account to Cash Management Account?

Login to POEMS 2.0 Website > “Acct Mgmt” > “Stocks” > “Online Forms”. Please note that any existing GIRO facility with a Cash Trading Account has to be terminated before we can process the conversion to a Cash Management Account.

What if I have further queries?

Please contact your dealer or Trading Representative. Alternatively, you can reach our Customer Service Hotline at 6531 1555 or send an email to talktophillip@phillip.com.sg.

Terms & Conditions

T&Cs for Cash Plus Account Referral Programme

1. Referral Programme (“Programme”) is valid for existing POEMS Account holders (“Referrer”) who refer Customer(s) new to Phillip Securities Pte Ltd (“PSPL”) to open a Cash Plus Account (“Referee”), from 10 March 2025 to 31 May 2025, both dates inclusive.
2. Within this context, “Referrers” refer to Customers with any of the following Accounts: Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing Accounts (“Qualified Accounts”).
3. A referral will be considered successful only when the referee fulfils all of the following: 
   1. Opens a Cash Plus Account using a unique referral link generated by the referrer
   2. Opts into Excess Funds Management (SMART Park)
   3. Does not change the Account type during the promotion period
   4. Abides by the terms and conditions
4. If the Referee uses referral link(s) to open multiple Accounts, only the first successfully opened and funded Account will be considered as successful referral.
5. Referrers will only receive a S$10 Stock Coupon and S$50 Cash Credit ONCE for each unique Referee, even if the Referee opens multiple Accounts (regardless of Account type).
6. Only the first 10 referred Accounts (regardless of Qualified Account) will be considered as successful referrals.
7. Rewards for Referrer: The Referrer will be entitled to a S$10 Stock Coupon and S$50 Cash Credit  when his/her Referee
   1. Successfully opens a Cash Plus Account and opts in to Excess Funds Management (SMART Park) , he/she would receive S$10 Stock Coupon. 
   2. deposits at least S$3,000 into the Account within 14 calendar days from the Account opening date, he/she would receive S$50 Cash Credit. The deposit cannot withdraw from the Account for a period of at least 30 days.
   3. Please note that the Stock Coupon and Cash Credit are non-transferable and non-withdrawable.
8. Rewards for Referee
   1. Referees will receive:
      1. Account Opening Rewards at poems.com.sg/welcome-gifts 
      2. Fund & Trade Rewards at poems.com.sg/welcome-gifts 
9. Activation and crediting of the Referrer’s Rewards:
   1. S$10 Stock Coupon:
      1. Referrers will be required to download and login to POEMS Mobile 3 App by 15 June 2025, in order to receive the S$10 Stock Coupon, once their referees have fulfilled the requirements (refer to point 3). Failure to do so, will result in forfeiture of the Reward/s. 
      2. The S$10 Stock Coupon will be credited into the eligible Referrers’ Account in the POEMS Mobile 3 App > Me Tab > My Rewards Inventory, within the 10 working days provided that the Referrers login to POEMS Mobile 3 App before 15 June 2025 and their Referees have fulfilled the requirements. 
      3. How to Use: Swipe to activate > Click on the ‘Activated – Trade Now’ button to be brought to the trade page > Stock Coupon status will change to ‘Pending’ once trade is successful
         1. Once the Stock Coupon has been activated, it cannot be deactivated. 
         2. If the next trade made is eligible/qualifying, then the Stock Coupon will be used.
         3. The rebate, up to the contract value, will be credited to the Account holder within 10 working days after usage.
         4. The coupon will expire 1 month upon issuance of the coupon.
      4. Eligibility Criteria:
         1. Buy stocks only
         2. US and SG Market only
         3. Cash trades only
      5. The S$10 Stock Coupon will expire within one month upon issuing the coupon. Failure to redeem the coupon within the time period, will result in forfeiture of the Reward/s.
   2. S$50 Cash Credit:
      1. Referrers will receive the S$50 Cash Credit into their Account within 10 working days once their referees have fulfilled the requirements.  
10. Activation and crediting of the Referees’ Rewards:
    1. Please kindly refer to poems.com.sg/welcome-gifts
11. Referee consents to the disclosure of his or her name and referral status to the Referrer.
12. The following Customers are NOT eligible for this Programme unless approved by the management of Phillip Securities Pte Ltd (“PSPL”)
    1. Referees who have any type of existing Accounts with PSPL, including joint and corporate Accounts.
    2. Referees who have closed any Accounts with PSPL
    3. Referrers and Referees who have already benefited from or will benefit from similar programmes or promotions, including PhillipCFD’s Refer A Friend.
    4. All employees of PhillipCapital’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).  
13. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
14. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
15. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
16. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
17. This advertisement has not been reviewed by the Monetary Authority of Singapore.

T&Cs for Cash Management Account Referral Programme

1. Referral Programme (“Programme”) is valid for existing POEMS Account holders (“Referrer”) who refer Customer(s) new to Phillip Securities Pte Ltd (“PSPL”) to open a Cash Management Account (“Referee”), from 10 March 2025 to 31 May 2025, both dates inclusive, both dates inclusive.
2. Within this context, “Referrers” refer to Customers with any of the following Accounts: Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing (“Qualified Accounts”)
3. A referral will be considered successful only when the referee fulfils all of the following: 
   1. Opens a Cash Management Account using a unique referral link generated by the referrer
   2. Opts into Excess Funds Management (SMART Park)
   3. Does not change the Account type during the promotion period
   4. Abides by the terms and conditions
4. If the Referee uses referral link(s) to open multiple Accounts, only the first successfully opened and funded Account will be considered as successful referral.
5. Referrers will only receive a S$10 Stock Coupon and S$50 Cash Credit ONCE for each unique Referee, even if the Referee opens multiple Accounts that fulfil clause 9 (regardless of Account type)
6. Only the first 10 referred Accounts (regardless of Qualified Account) will be considered as successful referrals
7. Referee consents to the disclosure of his or her name and referral status to the Referrer
8. The following Customers are NOT eligible for this Programme unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
   1. Referees who have any type of existing Accounts with PSPL, including joint and corporate Accounts.
   2. Referees who have closed any Accounts with PSPL.
   3. Referrers and Referees who have already benefited from or will benefit from similar programmes or promotions, including PhillipCFD’s Refer A Friend.
   4. All employees of PhillipCapital’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children). 
9. Rewards for Referrer: The Referrer will be entitled to a S$10 Stock Coupon and S$50 Cash Credit when his/her Referee:
   1. Successfully opens a Cash Management Account and opts in to Excess Funds Management (SMART Park), he/she would receive a S$10 Stock Coupon
   2. deposits at least S$3,000 into the Account within 14 calendar days from the Account opening date, he/she would receive S$50 Cash Credit. The deposit cannot withdraw from the Account for a period of at least 30 days.
   3. Please note that the Stock Coupons and Cash Credit are non-transferable and non-withdrawable.

10. Rewards for Referee: 

• Account Opening Rewards: 
  • 0% Sales Charge on Unit Trust 
  • Free Live Prices for SGX and US Asian Hours 
  • Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), Hong Kong (HKEX), and US Options for non-professionals
  • Free SGX Enhanced Market Depth Access until 30 November 2026. For more information, please refer to poems.com.sg/sgx-enhanced-market-depth.

• Fund & Trade Rewards:

• • Fund in with at least S$3,000 within 14 days of Account opening (“Initial Capital”) and execute at least 3 BUY Trades within 90 days from Account opening to receive: 
    • Amazon Fractional Share (Worth S$50)
  • Fund in with at least S$10,000 within 14 days of Account opening (“initial Capital”) and execute at least 5 BUY Trades within 90 days from Account opening to receive:
    • Amazon Fractional Share (Worth S$50)
    • Microsoft Fractional Share (Worth S$100)

9.1 Prices of the Free Shares are based on dollar-value.

9.2 BUY Trades refer to Stocks, ETFs, and Unit Trusts EXCEPT for US Fractional Shares.

9.3 The deposited funds must remain in the Account for a minimum of 30 days. They may be utilised for BUY trades but cannot be withdrawn or transferred out of the Account during this period.

• Customers must ensure that their Net Cumulative fund amount does not fall under S$3,000/S$10,000 to be eligible for the Fund & Trade Rewards based on the tier respectively. 
• Net Cumulative fund refers to accumulated fund amount calculated from the day the Customers make and maintain their initial deposit for 30 days Capital gains and losses are excluded.
• The calculation of Net Cumulative funds is done daily. All withdrawals made during the holding period will reduce the Customers’ daily Net Cumulative Deposit. 
• Once the daily Net Cumulative fund falls below S$3,000, the Customers will no longer be eligible to receive any Rewards.

9.4 BUY or SELL Trades of the same counter listed on SGX, HKEx, and Bursa respectively, placed on the same trading day on POEMS Trading Platforms using the same payment mode (cash, SRS, or CPF) with the same Account, are considered as one trade. This is due to the fact that we only charge one commission for such trade orders. Please refer to https://www.poems.com.sg/faq/trading/general/what-is-amalgamate/ for more information and the available markets.

9.5 BUY or SELL of the same Unit Trust, placed on the same trading day on POEMS Trading Platforms using the same payment mode (cash, SRS, or CPF) with the same Account, are considered as one trade. Same trading day refers to orders placed from T-1 after 3:01pm to T day at 3pm.

10. Activation and crediting of the Referrer’s Rewards:

• • S$10 Stock Coupon:
    • Referrers will be required to download and login to POEMS Mobile 3 App by 15 June 2025, in order to receive the S$10 Stock Coupon, once their referees have fulfilled the requirements. Failure to do so, will result in forfeiture of the Reward/s. 
    • The S$10 Stock Coupon will be credited into the eligible Customers’ Account in the POEMS Mobile 3 App > Me Tab > My Rewards Inventory, within 30 days of the end of the campaign. 
    • How to Use: Swipe to activate > Click on the ‘Activated – Trade Now’ button to be brought to the trade page > Stock Coupon status will change to ‘Pending’ once trade is successful
      • Once the Stock Coupon has been activated, it cannot be deactivated. 
      • If the next trade made is eligible/qualifying, then the Stock Coupon will be used.
      • The rebate, up to the contract value, will be credited to the Account holder within 10 working days after usage.
      • The coupon will expire 1 month upon issuance of the coupon.
    • Eligibility Criteria:
      • Buy stocks only
      • US and SG Market only
      • Cash trades only
    • The S$10 Stock Coupon will expire within one month upon issuing the coupon. Failure to redeem the coupon within the time period, will result in forfeiture of the Reward/s.
  • S$50 Cash Credit:
    • Referrers will receive the S$50 Cash Credit into their Account within 10 working days once their referees have fulfilled the requirements.  

1. 11. Activation and crediting of the Referees’ Rewards:
       • Account Opening Rewards:
         • 0% Sales Charge on Unit Trust will be granted upon Account opening. 
         • Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.  
         • Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals. To activate the Free Live Prices, click here.
         • Free subscription for SGX Enhanced Market Depth Access would be granted automatically.

• • • Tier 1 & Tier 2 Free Shares Reward: 
      • The Tier 1 and 2 Free Shares Reward will be credited within 10 working days after redeeming from POEMS Mobile 3 App > ‘Rewards’, once the eligible Customers have fulfilled the requirements (as detailed in 2.) 

11. 1. 1. 1.  
12. Days refer to calendar days.
13. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Rewards.
14. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
15. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, 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 shall be final and binding on all participants.
16. This advertisement has not been reviewed by the Monetary Authority of Singapore. 

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