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10K Lucky Draw Quest (“Campaign”) – Terms and Conditions
From 24 April 2025 to 31 May 2025

10K Lucky Draw Quest (“Campaign”) is organised by Versa Asia Sdn Bhd (“Versa”) subject to the terms and conditions herein (“Terms and Conditions”).

NB: 

  1. This is  a campaign under Versa Quest feature. For further information on the other ongoing campaigns, please visit this page [https://versa.com.my/stack-and-earn-more-more-than-9-pa-nett-returns-with-versa-quests/]
  2. To be eligible for this Campaign, users must click “Join Now” within the Versa Quest feature on the app.


1.0 Eligibility:

1.1 This Campaign is open to all existing Versa application users holding a Malaysian citizenship and aged eighteen (18) and above as at the commencement of the Campaign Period (as defined below) (“Users” or individually “User”), subject to the Terms and Conditions herein.

1.2 To participate in this Campaign, Users must own a duly verified and approved Versa account, with a minimum balance of RM1,000.00 in their respective Versa Cash or Versa Cash-i account, to be maintained throughout the Campaign Period (as further elaborated below).

1.3 In the event that a User is found or suspected to have committed any fraudulent, unlawful, prejudicial and/or wrongful acts in relation to this Campaign or to the financial product(s) by Versa, or has breached any of the Terms and Conditions herein, or is subject to any bankruptcy proceedings, or has been declared bankrupt, at any point of time prior, during or after the Campaign Period (as defined below), Versa has the right at its sole and absolute discretion to disqualify the said User and/or to decline to distribution of the Campaign Prizes or where the Campaign Prizes has already been granted or distributed, to immediately cancel, withdraw and/or recall the prizes granted or distributed to the User pursuant to this Campaign. Users hereby agree and undertake to fully indemnify Versa for the value and costs of such incentives, damages and/or losses (if any) arising therefrom. Versa shall have the further right to initiate any action it deems necessary against the defaulting Users mentioned herein.

1.4 The following User(s) shall not be eligible to participate in this Campaign:

a) Permanent, contract, part-time, temporary employees of Versa and their immediate family members. “Immediate family members” is defined as father, mother, brother, sister, spouse, children and adoptive relationships;

b) Employees of agencies, partners and consultants with ongoing engagements with Versa during the Campaign Period.

2.0 Campaign Period and Details:

2.1 The Campaign will commence on 24 April 2025, 18:01hr (Malaysian time) and end on 31 May 2025, 23:59hr (Malaysian time) (“Campaign Period”).

2.2 Versa reserves its absolute right and discretion to vary or amend the Campaign Period at any time in accordance with Clause 5.4(d) below.

3.0 Campaign Mechanics and Conditions

3.1 To be eligible for the Campaign:

a) User must own a verified and approved Versa account with a minimum balance of RM1,000.00 in their respective Versa Cash or Versa Cash-i which shall be maintained throughout the Campaign Period; 

b) User must click “Join Now” on the 10K Lucky Draw Quest feature on the app; and 

c) User must within the Campaign Period successfully cash in Fresh Funds with a minimum of RM2,000.00 in a single transaction into any applicable fund in Versa and maintain the account balance until the end of the Campaign Period.

3.2 Once user(s) make the successful transaction(s) (as mentioned in Clause 3.1), user(s) must maintain their total balance throughout the Campaign Period and until the selection of winners for this Campaign. Any redemption and withdrawal of the deposited fund(s) by the user during such period will disentitle the user(s) from obtaining the Campaign Prize (if any).

3.3 User(s) who deposit in accordance with Clause 3.1 above during the Campaign Period will earn a maximum of one (1) entry in the Campaign and be eligible for a chance to win the Campaign Prizes. The selection of winners will be done using a randomised system after the end of the Campaign Period and in accordance with Clause 4 below.

3.4 For the purposes of this Campaign:

3.4.1 Any funds in Versa refers to the following: 

3.4.1.1 Versa Save 

  1. Versa Cash
  2. Versa Cash-i

3.4.1.2 Versa Invest

  1. Versa Growth
  2. Versa Growth-i 
  3. Versa Moderate 
  4. Versa Moderate-i 
  5. Versa Global-i
  6. Versa SGD 
  7. Versa REITs 
  8. Versa Gold 
  9. Versa Japan
  10. Versa Dividend+
  11. Versa US-Tech
  12. Versa India Equity
  13. Versa China Equity Tracker

3.4.1.3 Versa Retirement

  1. PRS Conservative 
  2. PRS Conservative-i 
  3. PRS Moderate 
  4. PRS Moderate-i 
  5. PRS Growth 
  6. PRS Growth-i

3.4.2 For the purposes of this Campaign, “Fresh Funds” means additional funds that do not originate or are not transferred from any of the User’s existing Versa account(s).

4.0 Campaign Prizes:

4.1 Subject to the Terms and Conditions herein, all Users who successfully fulfilled the Campaign Mechanics and Conditions stated in Clause 3 above will be eligible to participate in the Campaign and stand a chance to win the following Campaign Prizes:

a) Versa Save Bonus: 

  • Grand Prize (x1 winner): RM10,000
  • First Runner-Up (x1 winner): RM5,000
  • Second Runner-Up (x1 winner): RM2,000
  • Consolation Prize (x7 winners): RM500


4.2 Winners will be determined and/or announced within 30 business days from the end of the Campaign Period. Each participating User(s) will only be eligible to win one (1) Campaign Prize.

4.3 All shortlisted User(s) will be notified via Versa app inbox notification and contacted by Versa via phone call (a maximum of 3 attempts) or Whatsapp for compulsory verification, to qualify them as a winner of the Campaign Prize. In the event that Versa is unable to contact the User(s) or the shortlisted User(s) fails to comply with the verification process for any reason whatsoever, Versa reserves the right to select the next User(s) where the same process of selecting the winner will be repeated until a winner is identified.

4.4 Users who are not contacted by Versa via email and/or Versa app inbox notification by 30 business days after the end of the Campaign Period shall be deemed to not have won the lucky draw.

4.5 The winning users will be confirmed via email to the registered email address or Whatsapp to the registered mobile number under his/her Versa account.

4.5.1 The Campaign Prizes in Clause 4.1 (a) will be credited to the winning users’ Versa Cash or Versa Cash-i (according to the winning users’ preference), within 30 business days from the verification of the winners for this Campaign.

4.5.2 Participating users are responsible to regularly check their registered email, Whatsapp and Versa app. Versa shall not be made responsible for any non-utilization of the Campaign Prizes by reason of failure to view, respond and/or receive the communications issued by Versa, whether or not such failure is attributed to User(s)’ conduct (or lack thereof) and/or technology related issues.

4.5.3 Versa may also announce the winners via its social media platforms as it deems suitable. By joining this Campaign, users allow Versa to publish the information of the winning users on such social media platforms.

4.6 In the event of a delay in the administration of the Campaign Prizes, Versa will communicate with the winning User(s) via email, or app inbox message, or phone call or any other means deemed suitable by Versa.


4.7 For the avoidance of doubt, the Campaign Prizes are not exchangeable with any other forms of credit or benefit-in-kind or any cash alternatives and are strictly and exclusively rewarded to winning Users and cannot be redeemed, assigned or transferred to any third party.

4.8 Versa reserves the right, at any time in Versa’s sole and absolute discretion, to substitute, withdraw, adjust, add to or alter any of the prizes offered in this Campaign whether in entirety or in part without notice to the Participants;

4.9 Versa’s decision relating to the Campaign Prizes shall be final, conclusive, and binding on participating Users.

5.0 Miscellaneous:

5.1 All cash-in made by Users via any third-party account will not be eligible for this Campaign and all Campaign Prizes given (if any) will be forfeited. A third-party account includes any corporate bank accounts, joint accounts and other accounts that are not in the sole name of the Users himself/herself.

5.2 The Users’ account must be active when Versa distributes the Campaign Prizes. Versa reserves the right to decline the Campaign Prizes and/or to cancel, void and/or forfeit the Campaign Prizes notwithstanding the same has been distributed, in the event the User’s Versa account(s) becomes dormant or inactive.

5.3 Without limiting the generality of any provisions of the Terms and Conditions herein, by participating in this Campaign, Users expressly agree:
a) that Users have read, understood, fully and unconditionally agree and accept all the Terms and Conditions herein;
b) that Users have reviewed the terms and conditions, prospectus, information memorandum, disclosure document, deed and such other documents related to the fund(s) that Users are investing in through Versa application (Versa Save, Versa Invest or Versa Retirement, as the case may be) and takes any associated risks arising from such investment;
c) that the decisions of Versa on all matters relating to or in connection with this Campaign (including but not limited to any dispute arising therefrom) are final, conclusive and binding on the Users. No queries, appeals, disputes, or correspondences will be entertained by Versa;
d) agree to access Versa’s official website at https://versa.com.my/ on a regular basis to view the Terms and Conditions of this Campaign and ensure to be kept up-to-date on the latest Terms and Conditions of this Campaign. Users shall seek clarifications from Versa should any of the Terms and Conditions be not fully understood;
e) that Users are liable and shall personally bear all applicable taxes, rates, governments fees or any other changes that may be levied against the Users under the applicable laws, if any, in relation to their participation in this Campaign;
f) that Versa shall not be held responsible or liable for loss of profit, loss of revenue, loss of opportunity, consequential losses, and expenses of whatsoever nature suffered or incurred by the Users and/or any other third party resulting from, or arising out of, or in connection with this Campaign or the Campaign Prizes awarded under this Campaign, whether directly or indirectly; and
g) that Users shall hold harmless, defend and fully indemnify Versa from and against all losses, damages, liabilities, expenses (including reasonable legal costs and expenses), and all third-party actions, proceedings, claims, demands, costs, awards and damages, resulting from or arising out of or in connection with the Users’ own acts or omissions in relation to this Campaign, whether directly or indirectly.

5.4 Versa further reserves the right:
a) to make further verifications of Users and request for further personal identification details and/or documents of Users;
b) without prejudice to other rights and remedies of Versa, to disqualify or withdraw the Users’ eligibility for the Campaign Prizes at any time, including after the Campaign Prizes has been awarded to the Users, should there be any non-compliance by the Users’ with the Terms and Conditions herein and/or should the Users be found or suspected to have otherwise attempted to gain any unfair advantage(s) against Versa;
c) to amend, vary, modify, add and/or delete any of the Terms and Conditions herein (including but not limited to the Campaign Period and Campaign Prizes) from time to time, in its sole and absolute discretion, as shall be notified by Versa on its official website at https://versa.com.my/, which shall be taken as good notice. The latest Terms and Conditions can be found on Versa’s official website as aforementioned. Users’ continued participation in this Campaign following any such amendment, variation, modification, addition and/or deletion shall constitute unconditional acknowledgement, understanding, agreement, and unqualified acceptance of the same in respect of the latest Terms and Conditions; and
d) to cancel, shorten, extend, suspend or terminate this Campaign, in whole or in part, at any time, as shall be notified by Versa on its official website at https://versa.com.my/. For the avoidance of doubt, any cancellation, shortening, suspension or termination of the Campaign shall not entitle the Users or any other persons to any claim or compensation whatsoever against Versa for any losses or damages (including but not limited to any losses of accrued Campaign Prizes) howsoever suffered or incurred as a direct or indirect result of such act of cancellation, shortening, suspension or termination, whether or not Versa has been advised of the possibility of such losses or damages.


5.5 To the fullest extent permitted in laws, Versa hereby expressly disclaims and excludes any and all representations, warranties or endorsements, whether express or implied, oral or written, including but not limited to those contained or published in any brochures, posters or other promotional or marketing materials, media press and social media.

5.6 Versa shall not be responsible or held liable in respect of any technical glitches or failures of any kind whatsoever, intervention, interruption and/or electronic or human errors in (a) the administration and/or processing the relevant transactions; (b) the implementation of this Campaign; and/or (c) the determination of the Users’ eligibility for the Campaign Prizes.

5.7 Versa shall not be responsible or held liable for any default of its obligations in relation to this Campaign due to any force majeure events which include but not limited to acts of God, insurrection or civil disorders, acts of war, strikes, riots, lockdowns, pandemic, epidemic, movement control order, fire, flood, storm, drought, change of law and/or regulation, cyber-attack, digital hack, intervention or security breach by unauthorised parties, technical failures of any kind, and other events and/or circumstances of whatsoever nature beyond the reasonable control of Versa.

5.8 The Terms and Conditions herein shall be governed by and construed in accordance with the laws of Malaysia, and shall prevail over anything contained or published in but not limited to any brochures, posters or other promotional or marketing materials, media press and social media.

5.9 In the event of ambiguity (if any) of any of the clauses herein, Versa’s version and/or interpretation shall be adopted for the purpose of implementation of the Terms and Conditions herein and as to any other ancillary matters relating to this Campaign.

6.0 Personal Data:

6.1 By participating in this Campaign, Users warrant that all respective information, details and statements are true, correct, accurate and complete at all material times.

6.2 By participating in this Campaign, Users are deemed to have freely and voluntarily agreed and consented to the collection, processing, use, disclosure and retention by Versa of their respective personal data in the manner as set out in the Personal Data Notice given at https://versa.com.my/privacy-notice/.