Terms and Conditions for participation in Macquarie Warrant Warrior (“Terms and Conditions”)
The Macquarie Warrant Warrior competition (“Macquarie Warrant Warrior” or “Competition”) is run by Macquarie Capital Securities (Malaysia) Sdn Bhd (“Macquarie”) and it is a competition held on the Warrant Warrior Facebook application (“Facebook app”) that eligible participants from Malaysia can participate in accordance with the entry requirements as set out in these Terms and Conditions. Prizes will be awarded in accordance with these Terms and Conditions.
The Competition is in no way sponsored, endorsed or administered by, or associated with, Facebook. In participating in the Competition, you agree to release Facebook of any liability in relation to the Competition.
1. Competition Period
The participation period for the Macquarie Warrant Warrior will begin at 09:00 hrs Malaysia Time (GMT+8) (“MYT”) on Monday 9 January 2017 and will end on Sunday 5 March 2017 at 23:59 hrs MYT (the “Participation Period”).
2. Entry Requirements
To be eligible, participants (“Participants”) must be Malaysia residents and at or over 18 years of age at time of registration to the Macquarie Warrant Warrior. Those who do not meet these requirements will be disqualified from any participation. Participants can be of any nationality residing in Malaysia.
Participants can sign up for the Macquarie Warrant Warrior through the Facebook app; the Facebook app requires Participants to provide their name and a valid email address at first-time sign-up. Participants can thereafter access the Competition on the Facebook app through Facebook sign-in.
In the case a Participant signs up for the Competition using two Facebook accounts, they will only be eligible for one prize in respect of the periodic competition and the overall competition. Participants must register their own personal particulars and not use another person’s particulars to register for the Competition. Participants must not participate in the Competition using another participant’s account.
Participants must register using their names as stated in their National ID Card or Passports for verification purposes. Participants who fail to produce a valid form of identification will not be awarded prizes should they be declared winners for the respective prizes. Driver licenses will not be acceptable.
All employees, interns, contractors and official office-holders, as well as their immediate families, of Macquarie, its affiliates, any representatives and any other persons professionally connected with the Competition are not eligible to participate.
3. Determination of Winners
The Competition offers multiple prizes during the Participation Period that are to be distributed based on the amount of points a Participant has accumulated within the period(s) stipulated, as described herein. Please refer to Section 5 (Prizes) below for additional details on prizes.
Prizes in the form of physical products may require winners to come to Macquarie’s office for collection. Cash prizes may require winners to come to Macquarie’s office for collection and may be subject to the relevant taxes. Determination of winners shall be as follows:
For periodic or overall Leaderboard ranking
Winners will be determined based on the total points accumulated by Participants over the Participation Period and during each calendar week within the Participation Period.
Notwithstanding the above, Macquarie will adjudge winning participants in their sole discretion.
4. Contest Mechanics
There will be two contest sessions per week for each week during the Participation Period:
a) First session: From Mondays at 09:00 hrs MYT to Wednesdays at 11:59 hrs MYT
b) Second session: From Thursdays at 09:00 hrs MYT to Sundays 11:59 hrs MYT
During each session, one question will be live and available for the Participant to answer (“Live Question”). The Live Question will not be available to be viewed or answered once a session closes.
If the Participant answers the Live Question incorrectly, the Participant will receive one (1) point but will not be able to answer any further questions for the given session.
If the Participant answers the Live Question correctly, the Participant will (a) receive five (5) points, and (b) be asked if they would like to view a bonus question (“Bonus Question”). If they choose to view the Bonus Question, they must answer the question or it will be considered incorrect (for example, the Participant leaves the Facebook app without answering the Bonus Question and does not return to answer it prior to the close of that session).
If the Participant answers the Bonus Question incorrectly, three (3) points will be deducted from the Participant’s total points.
If the Participant answers the Bonus Question correctly, the Participant will receive between five (5) to ten (10) points; for the avoidance of doubt, these points are in addition to the five (5) points earned by the Participant for answering the Live Question correctly. Each Bonus Question will state the number of points a Participant receives for answering the Bonus Question correctly, unless it is explicitly stated on the Bonus Question page that the question is worth “5 to 10 points”. In this case, the number of points a Participant will receive shall be scaled between five (5) to ten (10) points (rounded to two decimal points), with the Participant earning (i) ten (10) points if their answer is equal to the actual answer, and (ii) five (5) points if their answer deviates by exactly ten percent (10%) from the actual answer. Answers that deviate by more than ten percent (10%) from the actual answer shall be considered incorrect and three (3) points will be deducted from the Participant’s total points.
Each Participant’s points and the leaderboard will be updated during the maintenance period, which is from 00:00 hrs MYT to 09:00 hrs MYT on Mondays and Thursdays (“Maintenance”) during the Participation Period. In the event there is a delay in the determination of the actual answer for the Bonus Question or for other causes such as technical difficulties, Participants’ points and the leaderboard shall only be updated during the following Maintenance period.
If a question is asked in relation to the future price of a stock or a warrant whose underlying is on a trading halt or suspension after the question goes live on the Facebook app, the determination of the actual answer for the Bonus Question will not be made until the trading halt or suspension is lifted. In the event the trading halt or suspensions lasts for a much longer period than anticipated, Macquarie reserves the right to use the last traded price as the answer or to determine if all Participants who have answered the Bonus Question will receive points, at Macquarie’s sole and absolute discretion.
If a question is asked in relation to the future price of a stock or a warrant whose underlying is delisted on the BURSA market after the question goes live on the Facebook app, all Participants who have answered the Bonus Question will receive points, to be determined at Macquarie’s sole and absolute discretion.
If a question is asked in relation to the future price of a warrant whose terms and conditions are adjusted on the BURSA market after the question goes live on the Facebook app, all Participants who have answered the Bonus Question will receive points, to be determined at Macquarie’s sole and absolute discretion.
If a question is asked in relation to the closing price of a stock or a warrant which price has been adjusted due to a stock split or stock consolidation or any other corporate exercise, the answer shall be the price prior to any adjustment if the date in question is prior to the ex-date of such corporate exercise.
In the event that two or more Participants have the same amount of points as at the end of the period(s) stipulated in Section 5 below, there shall be a tie-breaker held by Macquarie at its sole and absolute discretion to decide the winner eligible for the prize.
Participants of the Macquarie Warrant Warrior will be eligible to win prizes as set out below:
i. The Participant with the highest number of points at the end of the Participation Period will win a cash prize of Fifteen Thousand Ringgit Malaysia (RM15,000).
ii. The Participant with the second-highest number of points at the end of the Participation Period will win a cash prize of Ten Thousand Ringgit Malaysia (RM10,000).
iii. The Participant with the third-highest number of points at the end of the Participation Period will win a cash prize of Seven Thousand Ringgit Malaysia (RM7,000).
iv. For each calendar week during the Participation Period, Participants with the highest number of points accumulated within that calendar week will win prizes as follows:
o The Participant with the highest number of points at the end of the week will win an iPhone 7 (128GB).
o The Participant with the second-highest number of points at the end of the week will win a cash prize of Two Thousand Eight Hundred Eighty Eight Ringgit Malaysia (RM2,888).
o The Participant with the third-highest number of points at the end of the week will win a cash prize of One Thousand Eight Hundred Eighty Eight Ringgit Malaysia (RM1,888).
For avoidance of doubt, there are a total of 8 calendar weeks during the Participation Period, and each week starts on Mondays at 09:00 hrs MYT and ends on Sundays at 11:59 hrs MYT.
Prize winners will receive email notifications sent to the email addresses that they have provided at registration on how to collect their prizes within the next seven (7) calendar days from the date the winner(s) is/are determined. The final computation for the overall winners will take place seven (7) calendar days after the Competition end with prizewinners being notified on how to collect their prizes within fifteen (15) calendar days after the Competition end. It is the participants' responsibility to remain contactable via the email registered through the Facebook app. Any potential winner who cannot be contacted within fifteen (15) calendar days of the attempted first notification will forfeit his or her prize.
In the event of a participant being eligible for a prize, only one account will be considered for the purposes of prize determination, and the participant is only eligible for one prize per category.
6. Use of Personal Data for Promotional Purposes
By registering and participating in the Macquarie Warrant Warrior, all participants permit Macquarie to access and use all data held on participants through the Facebook app without any further claims or compensation for the purposes of the Macquarie Warrant Warrior. If you are a winner, you agree that Macquarie may use your name, other information and photographs to administer and promote the Macquarie Warrant Warrior. For the avoidance of doubt, Macquarie (and not Facebook) is collecting the participants’ data required at registration.
Throughout the Participation Period of the Macquarie Warrant Warrior the rankings and results of participants will be published through Macquarie and any affiliated partners thereof. In cases where participants do not want their details published by Macquarie and or affiliated partners, a written request should be sent to firstname.lastname@example.org in order for such information to be removed. However, in such cases, the participant shall cease to be eligible to participate in the Macquarie Warrant Warrior.
By registering in the Macquarie Warrant Warrior, all participants permit Macquarie to access and use their name and email to send invitations for warrant seminars from Macquarie and Daily Trader newsletter. All participants also permit their name and email address to be provided to Bursa Malaysia Berhad to be registered on Bursa Marketplace (www.bursamarketplace.com), pursuant to which they will be subject to the Terms and Conditions and Personal Data Notice on Bursa Marketplace. In cases where participants do not want to receive these, a written request should be sent to email@example.com for Macquarie or firstname.lastname@example.org for Bursa Marketplace. You may view Macquarie’s privacy notice with regard to collection and management of personal data at Macquarie’s website, http://www.macquarie.my/mgl/my/about/en/privacy-policy-malaysia. Bursa’s Personal Data Notice can be viewed on the Bursa Marketplace website at www.bursamarketplace.com. Macquarie and Bursa are each responsible for their own respective use of your personal data, and not for each other’s use of the personal data.
By entering the Macquarie Warrant Warrior, eligible participants agree to comply with and be bound by these Terms and Conditions. Failure to comply with these Terms and Conditions may result in disqualification from the Macquarie Warrant Warrior. Eligible Participants further agree to comply with and be bound by the decisions of the Macquarie Warrant Warrior judges, which are final and binding in all respects. Macquarie reserves the right in its sole discretion to disqualify any participant if it finds it to be:
i. tampering or attempting to tamper with the entry process or the operations of the Competition,
ii. violating these Terms and Conditions, or
iii. acting in any way that disrupts, or with intent to abuse, threaten or harass any other person(s). Any false information provided within the context of the Competition by any participant concerning identity, postal address and or non-compliance with the Terms and Conditions may result in the immediate elimination of a participant from the Macquarie Warrant Warrior.
8. Risk Acknowledgement
No part of the information contained in the Macquarie Warrant Warrior should be considered as investment advice or any form of recommendation to purchase or sell any financial products. The information does not take into account the investment objectives, financial situation and particular needs of each individual.
You are advised to consult, to the extent necessary, your own independent, competent, legal financial and other professional investor, when deciding whether to make any actual investment in any financial instruments to ensure any decision you make is suitable for you with regards to your circumstances and financial position.
9. Communication Delays
Macquarie will not be held responsible for any delay in the acceptance and/or transmission of answers due to the breakdown or failure of transmission and communication facilities, or for any other cause beyond their reasonable control and anticipation.
10. General Conditions
The Macquarie Warrant Warrior is governed by the laws of Malaysia. By participating in the Macquarie Warrant Warrior you agree to be bound by these Terms and Conditions and by Macquarie's decisions, which are final and binding on all matters pertaining to the Macquarie Warrant Warrior. Any potential winner who cannot be contacted within fifteen (15) days of the attempted first notification will forfeit his or her prize.
Each Macquarie Warrant Warrior participant agrees not to act in any manner that might (1) infringe any third-party proprietary, intellectual property, personal rights or other rights; including without limitation, copyright, trademark, patent, trade secret or confidentiality obligation; or (2) otherwise violate applicable law in any country in the world.
To the extent permitted by the law, the rights to litigate, to seek injunctive relief or to any other recourse to judicial or any other procedure in case of disputes or claims resulting from or in connection with the Macquarie Warrant Warrior are hereby excluded, and you expressly waive any and all such rights. If any provisions in these Terms and Conditions are held to be invalid or unenforceable, all remaining provisions hereof will remain in full force and effect.
11. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU INDEMNIFY AND AGREE TO KEEP INDEMNIFIED MACQUARIE AT ALL TIMES FROM AND AGAINST ANY LIABILITY, CLAIMS, DEMANDS, LOSSES, DAMAGES, COSTS AND EXPENSES RESULTING FROM ANY ACT, DEFAULT OR OMISSION BY YOU AND/OR A BREACH OF ANY WARRANTY BY YOU SET FORTH HEREIN. TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU INDEMNIFY AND AGREE TO KEEP INDEMNIFIED MACQUARIE AT ALL TIMES FROM AND AGAINST ANY LIABILITY, ACTIONS, CLAIMS, DEMANDS, LOSSES, DAMAGES, COSTS AND EXPENSES FOR OR IN RESPECT OF WHICH MACQUARIE WILL OR MAY BECOME LIABLE BY REASON OF OR RELATED OR INCIDENTAL TO ANY ACT, DEFAULT OR OMISSION BY YOU UNDER THESE TERMS AND CONDITIONS INCLUDING WITHOUT LIMITATION RESULTING FROM OR IN RELATION TO ANY BREACH, NON-OBSERVANCE, ACT OR OMISSION WHETHER NEGLIGENT OR OTHERWISE, PURSUANT TO THESE RULES BY YOU. TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AGREE TO HOLD MACQUARIE, ITS DIRECTORS, OFFICERS, EMPLOYEES AND ASSIGNS HARMLESS FOR ANY INJURY OR DAMAGE CAUSED OR CLAIMED TO BE CAUSED BY PARTICIPATION IN THE CONTEST AND/OR USE OR ACCEPTANCE OF ANY PRIZE WON.
12. Competition Terms
Macquarie reserves the right to amend or waive any rule during or after this competition.
In cases where the Macquarie Warrant Warrior Terms and Conditions are translated into a language other than English, then the English version of the Terms and Conditions shall prevail as the official language.
A: If you haven’t already done so, head on over to the ‘Live Question’ tab. You’ve effectively joined the contest if you’ve answered at least one question. Quick note – you must be a Malaysia resident and at or over 18 years of age at time of registration.
A: You have to accumulate the highest number of points (top 3) within a given calendar week or across the contest period. You can do this by answering questions on the ‘Live Question’ tab and you can maximize your points by answering questions twice a week (and getting them right, of course!). Check out our Terms and Conditions for additional information (the link is in the footer at the bottom of each page).
A: There will be two question sessions a week during the contest period. The first session goes from 9am on Mondays to 11:59pm on Wednesdays, and the second session goes from 9am on Thursdays to 11:59pm on Sundays. During each session there will be one live question available to answer.
A: The contest is 8 weeks long and runs from 9am on Monday 9 January 2017 to 11:59pm on Sunday 5 March 2017 (all in Malaysia time (GMT+8)).
A: If you get the live question right, you’ll earn 5 points and the option to answer a bonus question. If you get the live question wrong, you earn 1 point as consolation (but don’t worry, there’s always next time).
A: Unfortunately, the question will be removed and a new question will go up at the end of each session, and you cannot view nor answer the previous question anymore. If you want to be the ultimate Warrant Warrior, make sure to answer questions twice a week. Also, like our Facebook page for updates!
A: If you get the live question right, you will have the option to view and answer a bonus question. Bonus questions can be easier or more difficult, so it is up to you to decide whether you want to take the risk. If you choose ‘Yes’ to viewing the bonus question, you must give us an answer. Leaving the answer blank will be considered a wrong answer.
A: Bonus questions can be worth anywhere between 5 to 10 points. If you get the bonus question right, you will have a significant points boost – meaning a higher chance to win the grand prize! If you get the bonus question wrong, 3 points will be deducted (you will already have earned 5 points from getting the live question right, so you will have net +2 points).
A: Unfortunately, by choosing to view the bonus question, you must give us an answer. Leaving the answer blank will be considered a wrong answer. Remember, every session’s bonus question could have a different element to it. Ask yourself – are you ready to rise to the challenge and take a risk by choosing ‘Yes’?
A: You can, as long as you come back before the session closes and the question changes.
A: The live and bonus questions are not accessible during the app maintenance period, which is from 12am to 9am on Mondays and Thursdays (“Maintenance”).
A: Your points (which can be viewed on the leaderboard page) and the leaderboard will be updated during Maintenance.
A: This is because the answer to the bonus question for this session has not been determined as at Maintenance time. Your points and the leaderboard will only be updated during the following Maintenance period.