i-LIBRA PROMOTION TERMS AND CONDITIONS 

The Promotion

1. This “i-Libra Promotion” (“the Promotion”) is organised by ECM Libra Investment Bank Berhad (Co. No. 682-X) (“the Bank”) and shall run from 3 January 2012 to 30 March 2012 (or any other dates as may be determined by the Bank in its absolute discretion) (“the Promotion Period”), both dates inclusive.
   
   
2. Subject to the terms and conditions herein contained (including any variation, substitution or amendment thereto), a chance to win any one (1) of the gifts hereinafter stated will be allocated to each Client(s) (as hereinafter defined). 

 Definition

3. Client(s) shall be all new or existing i-Libra (as hereinafter defined) subscribers save and except for all employees and Dealer’s Representative of ECM Libra Financial Group and its Related Companies (as defined hereinafter).
   
   
4. i-Libra shall refer to an alternative trading channel via free mobile trading application that allows the Client(s) to enjoy the convenience of trading on their smartphone and tablets devices.
   
   
5. Related Companies shall have the meaning ascribed to it in the Companies Act, 1965.
   
   
6. Gifts shall mean collectively the iPad 16 GB and Samsung Galaxy Tablet, or where the context requires, any one or more of them.
   
   
7. Deposit shall refer to a minimum amount of RM65,000.00 up to a maximum amount of RM100,000.00 placed or maintained by the Client(s) with the Bank during the Promotion Period.
   
   
8. Promotional Rate shall mean interest rate of 3.50% per annum on the Deposit during the Promotional Rate Period.
   
   
9. Promotional Rate Period means the period of one (1) calendar month during the Promotion Period commencing on the day when the Deposit is placed with the Bank.
   
   
10. Product Disclosure Sheet shall mean the handout containing the terms and conditions relating to the Deposit, a copy of which has been furnished to the Client(s) and the Client(s) acknowledges the receipt and the contents of the Product Disclosure Sheet.

Eligibility

11. The Bank reserves the right to disqualify any Client(s) from this Promotion where:

1. the Client(s)’ account is closed by the Bank for any reason whatsoever;
2. the Client(s) has committed or is suspected of committing any breach, fraudulent, misleading, deceptive or wrongful acts in relation to any of the Bank’s services or facilities;
3. the Client(s) has engaged in or is suspected of engaging in any acts damaging to the goodwill or reputation of the Bank;
4. the Client(s) ceases to subscribe i-Libra; and/or
5. the Client(s) has breached any of the terms and conditions prescribed here and/or the terms and conditions relating to any products, services and/or facilities of the Bank utilized by the Client(s).

 Gifts

12. Every month during the Promotion Period, three (3) Client(s) with the highest turnover will be entitled to an iPad 16 GB each (“Monthly Winner”).
    
    
13. A lucky draw (“the Draw”) will be carried out upon the expiry of the Promotion Period and a total of ten (10) Samsung Galaxy Tablet 16 GB will be given away to ten (10) Client(s) whose names are drawn during the Draw (“Lucky Draw Winner”).
    
    
14. The Gifts are subject to market availability, and the Bank retains the sole discretion of substituting the Gifts with other items of similar retail value. Notwithstanding this clause, the Bank reserves the absolute right to substitute the Gifts with another item of similar retail value without prior notice and without assigning any reason.
    
    
15. The Gifts do not include any accessories or items shown in any advertisements or promotional materials as they are for illustrative purposes only. Where applicable, the Bank retains the sole discretion over the colour of the Gifts.
    
    
16. The Draw will be carried out at random by such means and methods (which may be manual or computerised) as the Bank may determine. The winner will be notified by post (to his/her/their respective address in the records of the Bank).
    
    
17. Each Client(s) is entitled to only one (1) Gifts. Any Client(s) who has been selected as a Monthly Winner for any particular month during the Promotion Period, shall not be entitled to be selected again as a Monthly Winner for another month during the Promotion Period although he/she is one of the Client(s) with the highest turnover for that particular month. Further, a Monthly Winner is not entitled to be selected as a Lucky Draw Winner.
    
    
18. In the event a Monthly Winner’s turnover for subsequent month(s) after his/her win is amongst the highest or if a Monthly Winner’s name is drawn during the Draw, the Bank reserves the right to forfeit/reclaim the Gifts at its absolute discretion and confer the same on any other Client(s) as may be selected by the Bank in any manner as the Bank deems fit. No Client(s) shall be entitled to any payment or compensation from the Bank should any Gifts be forfeited.
    
    
19. The Gifts are not transferable or exchangeable for cash or credit or kind whether in part or in full.

Deposit Promotion

20. Subject to the terms and conditions herein contained and contained in the Product Disclosure Sheet, the first two hundred (200) Client(s) who places Deposit with the Bank during the Promotion Period shall enjoy the Promotional Rate during the Promotional Rate Period.
    
    
21. For the avoidance of doubt, the Promotional Rate shall not be applicable for rollover of any monies placed or maintained by the client(s) with the Bank.

Collection / Delivery of Gifts

22. The Gifts shall be collected at any of the Bank’s branches as the Client(s) shall notify in writing, at a time, which shall be subsequently communicated to the Client.
    
    
23. The Client(s) shall provide proof of identification upon collection of Gifts. Proof of identification includes but is not limited to Passport, National Identification Card, Driving License, or copies thereof. Where the Client(s) is a corporation, it shall in a Letter of Authorisation, appoint such person to collect the Gifts. The Bank has total discretion over the acceptability of such documentation.
    
    
24. The Client(s) may, in a Letter of Authorisation, nominate another person to accept delivery/collect the Gifts on his/her/their behalf. However the Bank may reject such arrangements where it finds the arrangement unsatisfactory for any reason whatsoever.
    
    
25. Should the Client(s) fail to collect the Gifts within the time stipulated by the Bank, the Gifts will be deemed forfeited and neither cash nor other form of compensation will be supplied in lieu thereof.

 Limitation of Liability

26. The Bank expressly excludes and disclaims any representations, warranties, or endorsements, expressed or implied, written or oral, including but not limited to any warranty of quality, merchantability, suitability, or fitness for a particular purpose in respect of the Gifts.
    
    
27. The Bank shall not be liable for, or obliged to recognise or replace any defective, lost, damaged or stolen Gifts where such defect, loss or damage in respect of the Gifts is not due to the fault and/or negligence of the Bank.
    
    
28. In addition to the foregoing provisions, the Bank shall not be liable for any loss or damage arising in connection with the Promotion, including but not limited to any act or omission relating to any Client(s)' participation howsoever caused, any error in computing any chances to become the Monthly Winner or the Lucky Draw Winner, any breakdown or malfunction in any computer system or equipment and any notice which is misdirected or lost in the post.
    
    
29. Each Client(s) is deemed to have waived any right he/she/they may have against the Bank and its officers, servants, employees, representatives and/or agents, in respect of any loss or damages (including, without limitation, loss of income, profits or goodwill, indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties and/or any other adverse consequences) howsoever arising whether in contract, tort, negligence or otherwise, in connection with the Promotion.

Miscellaneous

30. This Promotion is not applicable in conjunction with any other on-going or future promotions offered by the Bank.
    
    
31. The Bank’s decisions on all matters relating to the Promotion, including the interpretation of these Terms and Conditions, any variations, amendments, substitutions, additions whatsoever thereto shall be final and binding and no further correspondence or attempt to dispute such decisions will be entertained.
    
    
32. The Bank reserves the right to extend, cancel, terminate or suspend the Promotion without prior notice, and without assigning any reason for it. For the avoidance of doubt, any extension, cancellation, termination or suspension by the Bank of the Promotion shall not amount to a breach / fraud / misrepresentation etc and the Client(s) shall not be entitled to any claim in respect thereof.
    
    
33. By participating in this Promotion, the Client(s) expressly agrees to be bound by these Terms and Conditions and the decisions of the Bank.
    
    
34. The Client(s) is deemed to consent to, and authorise the Bank, to use his/her/their information, in any media future promotional, marketing and publicity purposes without further reference, payment or other compensation to the Client(s), including sending the Client(s) electronic messages.
    
    
35. The Bank reserves the right at its absolute discretion to vary, delete or add to any of these Terms and Conditions from time to time without notice, without assigning any reason. These Terms and Conditions may be modified, added, deleted or varied by the Bank by way of posting on the Bank’s website which will be deemed as sufficient notice. Continued participation in the Promotion will be taken as consent from Client(s).
    
    
36. The Bank’s decision not to enforce a specific condition does not constitute a waiver of that condition or of any of the other Terms and Conditions in general.
    
    
37. Unless stated otherwise, these Terms and Conditions shall prevail over any provision or representation contained in any other Promotion materials advertising the Promotion.