|Annual Income Level*
|Estimated Net Worth*
|Source of Funds
|I confirm that I have received, read and
the terms and conditions spelt out (and from time to time amended) in the CONDITIONS GOVERNING
PHILLIP SECURITIES TRADING ACCOUNTS ("Conditions") and the relevant INFORMATION SHEET(s)
(for Investment Account, Cash Management Account, Securities Borrowing and Lending,Contract for
Difference and/or POEMS service as I may have selected above), all of which shall be read with,
referred to and construed as part of the agreement between Phillip Securities Pte Ltd ("PSPL")
and myself in respect of the trading account (the "Agreement");
the RISK DISCLOSURE STATEMENT which highlights the risks associated with trading and
lending of Securities as defined under SFA (Cap 289) and SFR;
the CLIENT INVESTMENT PROFILE questionnaire which should be completed and returned to PSPL.
In consideration of Phillip Securities Pte Ltd ("PSPL") accepting my application for and
providing/maintaining for me a trading account ("Account"), I hereby agree to be bound by
the terms of the Agreement currently in effect and as amended from time to time. I agree to
be bound by all prevailing rules, regulations, guidelines, customs and directives of the
Singapore Exchange Securities Trading Ltd ("SGX-ST") and any other regulatory body governing
transactions in securities quoted on the SGX and other stock exchanges.
I hereby represent, warrant and undertake to PSPL that all my particulars given and
to be given from time to time to PSPL are and will be accurate.
I am (a) applying for the
Account(s) on my own judgement and did not rely on any representations, views or information
from PSPL employees or its trading representatives; (b) over 21 years old; (c) not insolvent in
Singapore and other countries (d) not blacklisted with the SGX nor have any delinquent account
with any other securities firm and (e) All monies which will be paid to PSPL originates from
a legitimate source.
CONSENT TO CUSTODY AND ON LENDING OF CUSTOMER'S
Where my/our securities are custodised with or otherwise within the possession or control of PSPL,
I/we hereby acknowledge, consent to and accept:
By signing off on this my/our consent and confirmation, I/we also acknowledge
and confirm that I / we have read and understood the terms of this consent and confirmation;
and also that the risks involved in granting the consent and confirmation (as set out in the
RISK DISCLOSURE STATEMENT) had first been explained to me/us; and my/our consent that PSPL's
right to lend or on lend my/our securities include also the right on identical terms to
arrange for a custodian to effect such lending or on lending for the benefit of PSPL as if
PSPL had effected such lending or on lending.
With respect to the custody of my/our securities, the terms for the provision of custody
services to be provided by PSPL as set out in Part B of Section 5 of the Conditions.
As such and to the extent that Regulation 27 of the Securities and Futures (Licensing and
Conduct of Business) Regulations requires me/us to give prior consent to PSPL's use and
appointment of a person outside of Singapore to provide custody services, I/we hereby give
such consent; and
(pursuant to Regulation 33 of the Securities and Futures (Licensing and Conduct of
Business) Regulations) each of the set of terms for the on-lending of the my/our
Securities as is set out in PSPL's Conditions Governing Phillip Securities Trading
Account and in particular at (a) Part B Section 3 at clause 12 thereof; (b) Part B Section
5 at clause 13 thereof; and (c) Part B Section 6 at clause 5 thereof.
Where there are moneys denominated in a foreign currency held in trust
for my account, I hereby confirm my consent to PSPL having the right and
discretion where it deems appropriate to deposit such moneys in a trust account
maintained outside Singapore with a bank licensed, registered or authorised in
I acknowledge that as a general rule, my funds in the possession or control of
PSPL, being funds not immediately or within 24 hours required to be applied
towards discharge of my payment obligations, will (subject to the authorization
on investment management of the same as set out in Part B Section 1 of the
Conditions) be held commingled with funds of other customers of PSPL where
applicable in a trust account in accordance with the provisions of the
Securities and Futures Act 2001. By applying to open an account with PSPL, I
acknowledge and accept the terms of interest waiver/substitution as set out in
clause 4 Part A of the Conditions and agree to waive and relinquish in favour
of PSPL any and all entitlement to interest accruing to my share of funds in
such trust account.
By Pressing on the "Submit" button, I agree to abide by the
Declaration and Terms and Conditions pertaining to Phillip Securities Pte Ltd.