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LBS Fabulous Extra Lucky Draw – Terms & Conditions

LBS Fabulous Extra Lucky Draw – Terms & Conditions

LBS Fabulous Xtra Lucky Draw Campaign (“hereinafter referred to as “Campaign”) is organised by LBS Bina Group Berhad (“hereinafter referred to as “the Organiser”). This Campaign is open to purchasers who purchase selected properties developed by LBS Bina Group of Companies subject to the terms and conditions contained herein (“Campaign Terms”). In order to qualify for this Campaign, the purchasers irrevocably and unconditionally agree to be bound by the Campaign Terms.

The Eligible Purchasers (as defined below) and Lucky Draw Winners (as defined below) agree that the Organiser may change, amend, delete, vary and/or add to the Campaign Terms without any prior notice to the Eligible Purchasers and Lucky Draw Winners, and they are advised to visit this page from time to time to be updated of the latest Campaign Terms.

In the event of any inconsistencies between any terms and conditions stipulated in any of the Organiser’s marketing or promotional materials including but not limited to any brochures, leaflets, buntings, and/or otherwise any other platforms and the Campaign Terms, the Campaign Terms shall prevail.

TERMS AND CONDITIONS :

  1. ELIGIBILITY OF ENTRY

1.1. The Campaign is open to purchaser(s) who: –

1.1.1. Have purchased property priced from RM300,001.00 and above from any of the LBS Bina Group of Companies’ selected projects (“Eligible Unit”) directly from the Organizer or its subsidiary companies;

1.1.2. Have executed a valid Sale and Purchase Agreement of the Eligible Unit between 1st July 2022 to 31st December 2023 (“hereinafter referred to as “SPA”);

1.1.3. Have made the deposit payment for the purchase of any Eligible Unit;

1.1.4. Have not defaulted and/or breached any provisions of the SPA; AND

1.1.5. Are not employees of the Organiser and/or its affiliated and/or related companies.

(hereinafter collectively known as “Eligibility Criteria”)

For the avoidance of doubt, any sellers and/or buyers of a sub-sale properties developed by LBS Bina Group of Companies shall not be eligible to participate in the Campaign. Purchasers that fully satisfy the Eligibility Criteria stipulated above shall hereinafter be referred to as “Eligible Purchasers”. Each successful purchase and/or SPA signed by the purchaser(s) of an Eligible Unit that meets the above Eligibility Criteria shall only be entitled for One (1) lucky draw entry with a chance to win One (1) lucky draw prize (“Prize”) under the Campaign.

  1. DISQUALIFICATION

2.1. In the event the SPA is terminated and/or cancelled and/or rescinded and/or the Eligible Purchaser defaults on any payment due and payable under the SPA and/or breaches any terms and conditions under the SPA for any reason whatsoever, that Eligible Purchaser shall be and/or shall be deemed disqualified from participating in the Campaign without any notice from the Organiser (“Disqualified Purchaser”), and any prizes won by the Disqualified Purchaser under this Campaign shall be automatically revoked.

2.2. In the event a Prize has been collected by a Disqualified Purchaser, the Disqualified Purchaser shall pay the retail price of the Prize and all costs incidental to and arising from the same (“Retail Prize”) to the Organiser within Seven (7) days upon the Organiser’s demand. Notwithstanding the above, the Organiser reserves the right to initiate legal action against the Disqualified Purchaser for the Retail Price of the Prize in the event the Disqualified Purchaser fails, omits and/or neglects to make such payment in full within the above stipulated timeline.

For the avoidance of doubt, only the Eligible Purchasers named in the SPA shall be eligible to participate in the Campaign. In the event a winning lucky draw entry has more than one (1) name listed in the SPA, the Prize given to any of the purchasers listed in that SPA shall be deemed as given to all of them as a whole and/or shall be shared equally among the purchasers listed in the SPA of the winning lucky draw entry or be nominated wholly to any of the Eligible Purchasers of the winning lucky draw entry. The Prizes shall not be nominated, transferred or assigned to any third-party other than the purchaser(s) stated in the SPA and/or be exchangeable for cash payment without the Organizer’s express written consent.

  1. THE CAMPAIGN

3.1. The Eligible Purchasers’ lucky draw entries shall be randomly drawn via a computerised system and witnessed by independent observers on a date(s) to be determined, allocated and announced by the Organiser (“Allocated Draw Date”). The Eligible Purchasers acknowledge and agree that by engaging independent observers, the Organiser has discharged its duty of care to ensure the transparency and full and frank disclosure for the Campaign and the Eligible Purchasers further waive any and all rights of complaints, actions, and/or disputes on the integrity of the Organiser throughout the Campaign.

3.2. The Organiser may at its sole and absolute discretion change and vary any of the Allocated Draw Date at any time without any prior notice to be given to the Eligible Purchasers. The Eligible Purchasers are advised to visit this page from time to time to be updated of the latest Allocated Draw Date.

3.3. The Organiser reserves the right to reject and/or limit any Lucky Draw Entries at its sole and absolute discretion without having to assign any reason whatsoever.

3.4. The Organiser reserves the right to substitute or replace any of the Prizes with any other prize of similar valuewithout any prior notice.

  1. TAX AND DISBURSEMENTS FEES

4.1. All transportation, personal expenses, insurance, stamp duties, transfer fees, taxes, any other duties and/or any other costs, fees and/or related expenses incurred pertaining to the Prizes shall be the sole responsibility of the winners of lucky draw prizes (“Lucky Draw Winners”). The Organiser shall not reimburse any claims and/or be held responsible for any costs and expenses incurred by the Lucky Draw Winners.

4.2. All Lucky Draw Winners shall be solely responsible to declare their respective Prize winnings with the relevant tax authorities and pay for any levy, duty, charges and tax that is imposed (if any). The Organiser shall not in any way be held liable to pay any charges, tax, levy, fines and/or duty that are imposed on the Lucky Draw Winners by the relevant tax authorities for the Prize winnings.

5. EXCLUSION OF LIABILITY

5.1. The Organiser shall not be liable and/or responsible for any mishap, injury, damage, claim or accidents resulting from the Eligible Purchasers and Lucky Draw Winners participation in the Campaign and from the use of the Prizes. The Lucky Draw Winners and Eligible Purchasers agree to indemnify and hold harmless the Organiser, its affiliates, agents and any other third parties facilitating the Campaign against any liability and claims and agree to indemnify the Organiser completely against any claims, damages, losses and liability arising from and/or in relation to their conduct or omission while participating the Campaign and from the use of the Prizes.


5.2. The Lucky Draw Winners agree and acknowledge that the Organiser has not made any representation or
warranty of any kind whatsoever in respect of the quality, usability, reliability and condition of the Prizes.
Any warranty (if any) that is made available in relation to the Prize(s) shall be between the Lucky Draw Winners and the suppliers and in all such cases, the Lucky Draw Winners shall refer any such warranty directly to the relevant suppliers. The Organiser shall not be liable to compensate and rectify any defect or other faults in relation to the Prizes.

  1. PRIVACY

6.1. All information provided by each Eligible Purchaser shall be collected, stored, used and retained by the Organiser in accordance to the Organiser’s Personal Data Protection Notice. The Eligible Purchasers are to read, acknowledge and accept the Organiser’s Personal Data Protection Notice which is incorporated by reference herein and can be found at https://lbs.com.my/pdpa-notice/. Therefore, by participating in this Campaign, all Eligible Purchasers hereby warrant that all personal details provided by them are true, correct, accurate and complete.

6.2. In addition to clause 6.1, the Eligible Purchasers and Lucky Draw Winners agree that the Organiser shall have the exclusive right to use their names and/or photographs as marketing campaign materials for the purposes of advertising, trade and/or publicity without any prior notice thereto and/or permission thereof. The Eligible Purchasers and Lucky Draw Winners shall not be entitled to claim ownership and/or compensation on the materials. The Eligible Purchasers and Lucky Draw Winners hereby give their consent to and authorize the Organiser to disclose their particulars to any third-party service providers and/or partners engaged by the Organiser for purposes of the Campaign and/or any customer survey in understanding the Eligible Purchasers and Lucky Draw Winners purchasing behaviour

  1. HOW TO REDEEM PRIZES

7.1. The Organiser will notify the respective Lucky Draw Winners of their prize redemption arrangements via email or phone call or any modes of communication deemed appropriate by the Organiser.

7.2. Subject to clause 2, the Prizes shall only be redeemable and/or claimable by the respective Lucky Draw Winners upon fulfilment of the following conditions:

(a) For Housing Loan Purchaser(s):

Upon execution and stamping of the facilities/housing loan agreement between the Eligible Purchasers and the financier for the Eligible Unit; or

(b) For Cash Purchaser(s):

Upon receipt by the Developer / Organiser of the payment equivalent to Fifty Percent (50%) of the purchase price of the Eligible Unit pursuant to the SPA.

7.3. All Lucky Draw Winners shall be required to furnish their identification documents i.e., NRIC or Passport to the Organiser for verification purposes during and/or prior to the collection of the Prizes. The Organiser shall have the right to withhold or forfeit any Prize from any Lucky Draw Winners who fails to provide identification documents for the collection of the Prize and/or to collect the Prize within Sixty (60) days upon being notified by the Organiser of the redemption date of the Prizes.

7.4. All costs and expenses incurred by the Lucky Draw Winners to claim their respective prizes shall be borne by the respective Lucky Draw Winners accordingly, and the Organiser shall not be responsible for suchcosts and expenses.

8. VEHICLE PRIZE WINNER(S) (WHERE APPLICABLE)

8.1. All winner(s) of the vehicle prizes (including but not limited to cars and/or motorcycles) shall:

8.1.1. Fulfil, abide and comply to all the terms and conditions stipulated in this Campaign Terms, SPA, and Facilities Agreement (if applicable),

8.1.2.
Not authorize any third parties to act as a representative to collect the vehicle prizes on his or
her behalf,


8.1.3.
For Housing Loan Purchaser(s), withhold and refrain from assigning and/or transferring the
vehicle prizes to any other person(s) until the first drawdown of the loan sum by the financier as
stated in the Facilities/Housing Loan Agreement in respect of the purchase of the Eligible Unit,


8.1.4.
Liaise and perfect all necessary documents, forms, and/or procedures solely with including but
not limited to the Malaysian Jabatan Pengangkutan Jalan (JPJ), Puspakom Sdn Bhd, and all other relevant authorities for the registration of the vehicle prizes and the purported assignment and/or transfer,


8.1.5.
Fully bear the vehicle registration fee, road tax, insurance coverage and any other miscellaneous
costs relating to the vehicle prizes as well as all costs and expenses in relation to the purported
assignment and/or transfer as stated in clause 8.1.3 and 8.1.4 above;

8.2. In the event of any breach of the above clauses and/or any of the terms and conditions stipulated in this
Campaign Terms, the Organiser shall have the rights and be entitled to claim and recover the total retail
price of the Vehicle Prizes, including but not limited to the recovery of all costs, expenses, damages, and
losses suffered by the Organiser in connection to the above.

9. MISCELLANEOUS

9.1.
Any pictures/photos/videos of the Prizes shown in any advertisement and promotional materials are solely
for illustration purpose and may defer from the actual prizes.


9.2.
The Organiser reserves the right at its sole discretion to suspend, modify or terminate the Campaign at any time without prior notice.


9.3.
All of the Organiser’s decisions in relation to the Campaign are final and any claims or requests or correspondence pertaining to the same shall not be entertained.


9.4.
The Organiser shall not be responsible for any losses, damage, death or injury arising from usage of the prizes received.


9.5.
The Organiser shall have the absolute right to disqualify any individual that it determines to be tampering
with the entry process or the operation of the Campaign, and/or to be acting in breach or potential breach
of this Campaign Terms and Conditions.


9.6.
The Organiser reserves the right to cancel, modify suspend or delay the Campaign in the event of
unforeseen circumstances beyond its reasonable control.


9.7.
Any Terms and Conditions applicable to this Campaign which is prohibited or unenforceable under any
law or regulation shall be ineffective to the extent of such illegality, voidness, prohibition or unenforceability
without invalidating the remaining provisions.

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