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Versa Quiz Giveaway (“Campaign”) – Terms and Conditions

Versa Quiz Giveaway (“Campaign”) is organised by Versa Asia Sdn Bhd (“Versa”) subject to the terms and conditions herein (“Terms and Conditions”).

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 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.
1.3 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 the Campaign Start Date at 00:01hr (Malaysian time) and will end at 23:59hr of the Campaign End Date (Malaysian time) as prescribed in the respective campaign announcement, either communicated via electronic direct mail (EDM) or in-app push notifications (the time period as defined herein shall be called the “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;
b) User must, based on the quiz provided via the campaign announcement, be the first 5 participants who successfully cash-in the correct amount of Fresh Funds as required in the quiz, in any of the eligible funds on Versa app.

3.2 Below are the eligible funds for this Campaign:

3.2.1 Versa Save 

  1. Versa Cash
  2. Versa Cash-i

3.2.2 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 
  14. Versa Malaysia Bond

3.2.3 Versa Retirement

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

3.3 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 win the Campaign Prizes of RM50 Versa Save (Versa Cash or Versa Cash-i) reward.
4.2 Winners will be determined 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 for each quiz announced by Versa.
4.3 The winning users will be notified via push notification within Versa app or email to the registered email address under his/her Versa account. 
4.3.1 The Campaign Prizes in Clause 4.1 will be credited to the winning users’ Versa Cash or Versa Cash-i (based on the highest available balance in their Versa Save), within 30 business days from the determination of the winners for this Campaign. 
4.3.2 The winning Users’ account must be active when Versa distributes the Campaign Prizes.
4.3.3 Participating users are responsible to regularly check their registered email and Versa app for any update relating to the Campaign. Users who did not receive any winning notification from Versa by the 40th day after the end of the Campaign Period shall be deemed to not have won the Campaign. 
4.4 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.
4.5 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. 
4.6 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;

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 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 does not comply with any of 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;.
5.3 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 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 indirectlyd) Campaign Prizes are accepted by the winning users solely on “as is” basis and Versa does not provide any warranty in any way whatsoever in respect of the Campaign Prizes.
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) to amend, vary, modify, add and/or delete any of the Terms and Conditions herein from time to time, in its sole and absolute discretion, accessible on its official website at https://versa.com.my/, which shall be taken as good notice. 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
5.5 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. 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. 
5.6 Versa’s decision relating to the Campaign Prizes and all matters relating to or in connection with this Campaign shall be final, conclusive, and binding on participating Users.

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/.