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25TH ANNIVERSARY ‘SUPER DEALS’ PROMOTION 2020

Terms and Conditions

1. The promotion is valid from 15 October 2020 to 27 October 2020.

2. The promotion is applicable for selected Naim properties in Kuching, Miri and Bintulu only.

3. The promotion is applicable for purchases by cash and those financed via loans from financial institutions.

4. Sales shall be based on a ‘first come first serve’ basis.

5. To be eligible for the promotion and before any booking can be made:

a.

The Participant shall be required to make a non-refundable fee of RM5,000.00. The said fee forms part of the purchase price for the property upon successful sales.

b.

Payment for the said fee shall be made via bank/online transfer or by cheque to:

Kuching

Naim Sapphire Condominium Homes

Name of payee : Peranan Makmur Sdn Bhd

Name of bank : CIMB Bank Berhad (Twin Towers, Kuching)

Bank account no. : 8005090519

Naim Eduvista

Name of payee : Desa Ilmu Sdn Bhd

Name of bank : CIMB Bank Berhad (Twin Towers, Kuching)

Bank account no. : 8005075732

Naim Riveria Square

Name of payee : Khidmat Mantap Sdn Bhd

Name of bank : CIMB Bank Berhad (Twin Towers, Kuching)

Bank account no. : 8005079330

Bintulu and Miri

Name of payee : Naim Land Sdn Bhd

Name of bank : CIMB Bank Berhad (Jalan Satok, Kuching)

Bank account no. : 8005113767

c.

The Participant shall be required to furnish the proof of payment via the booking site at https://naimproperties.com.my/superdeals/ or e-mail or whatsapp to the following:

Kuching

E-mail : lim.kh@naim.com.my

Whatsapp : +6012-8099318 (Ms Lim Kim Hong)

Bintulu

E-mail : chieng.langnee@naim.com.my

Whatsapp : +6012-8711115 (Ms Chieng Lang Nee)

Miri

E-mail : doorina.juman@naim.com.my

Whatsapp : +6013-2271522

(please indicate in your message that the payment is for ‘Super Deals Promo’)

6. Eligibility of participation shall be confirmed as follows:

a. Upon the issuance of a booking code to the Participant and

b. Upon clearance of the said payment

7. Only eligible participants shall be allowed to make bookings under the promotion. All bookings under promotion shall be made via the ‘Super Deals’ promotion booking site. All bookings shall be made on 27 October 2020 from 9am to 12 midnight only.

To book, the Participant shall be required to do the following:

a. Log to the booking site as mentioned above

b. By using the assigned booking code, to make booking for the property of your choice

8. Upon successful booking, the Participant shall be required to:

Purchases by cash

Details

Deadline

Pay the balance of 20% of the purchase price of the property (hereinafter referred to as ‘the first payment’), which is non-refundable

By 30 October 2020

Pay the balance of 77.5% or 80% (whichever is applicable) of the purchase price, and execute the Sale and Purchase Agreement (SPA) and/or Deed of Mutual Covenants (DMC), the default of which shall render the booking void and forfeiture of ‘the first payment’.

By 20 November 2020

Purchases via loans

Details

Deadline

Pay the balance of 5% of the purchase price of the property (hereinafter referred to as ‘the first payment’), which is non-refundable

By 30 October 2020

Execute the SPA and/or DMC, loan agreement and settle the unfinanced portion within fifty (50) days from the date of the first payment, the default of which shall render the booking void and forfeiture of ‘the first payment’.

By 19 December 2020

9. All bookings shall not be transferable.

10. Upon execution of the SPA and/or DMC, the Purchaser shall not be at the liberty to cancel, terminate, revoke or transfer the purchase. In the event the Purchaser decides to cancel, terminate, revoke or transfer the purchase after the execution of the SPA and/or DMC, the relevant provisions in the SPA shall be invoked including but not limited to liquidated ascertained damages (hereinafter referred to as ‘the LAD’) equivalent to ten per centum (10%) of the sale/purchase price of the selected property. Any cost, fee, incidental charge etc incurred due to the cancellation, termination and/or revocation shall be borne solely by the Purchaser.

11. Should the booking be unsuccessful, the fee as stated in 5a. above shall be refunded.

12. All properties shall be sold on ‘as is where is’ basis.

13. The legal fees for the SPA shall be borne by the Developer.

14. By participating in the promotion, every Participant is deemed to have accepted and agreed to abide by these terms and conditions.

15. Naim reserves the right in its sole discretion to cancel or suspend the promotion due to events beyond its reasonable control which does not allow for the continuation of the promotion.

16. Naim reserves the right to amend these terms and conditions, or amend the terms and conditions of the promotion at any time without prior notice.

17. Naim reserves the right to reject the participation of any intending participant for the promotion or disallow the continuation of any participant’s participation in the promotion.

18. The Participant agrees to indemnify Naim against any claim, damages, debt, expense, liability, loss, suit, action, demand, cause of action, proceeding or judgement of any kind which are made or brought against or suffered or incurred by Naim and arise directly and/or indirectly out of or in connection with the promotion.

19. The Participant authorises Naim to use their personal data in accordance to the Personal Data Protection Act 2010, including their names and submitted information for the purpose of the promotion and for Naim’s publicity and marketing campaigns including but not limited to publication on Naim’s website and other publicity material.

20. Naim retains sole discretion in all matters relating to the promotion.



NAIM 25TH ANNIVERSARY INTRODUCER PROGRAMME

1. The programme is valid from 15 October 2020 to 31 December 2020.

2. The programme comprises payment of each introducer fee to the Introducer for each sale closed and introducer competition (hereinafter referred as ‘the Competition’).

3. The said introducer fees are as follows:

No.

Categories of introducers

Introducer fees

1.

Existing purchasers

0.5% of net purchase price for the property bought by the new purchaser introduced

2.

Others & Naim non-sales staff

0.25% of net purchase price for the property bought by the new purchaser introduced

4. The programme shall be applicable for selected Naim properties in Kuching, Miri and Bintulu.

5. The programme shall be applicable together with other on-going promotions/schemes/campaigns or the like, if any.

6. The Introducer is eligible to be rewarded under this programme provided the following requirements have been fulfilled:

a. The Introducer needs to register as follows:

Online registration

The Introducer shall register online via the ‘Super Deals’ promotion booking site at https://naimproperties.com.my/superdeals/ , with the registration to be verified by the Purchaser in due course before/upon any payment is made by the Purchaser.

Physical registration

Both the Introducer and the Purchaser need to complete and sign the required Introducer Form and submit the same to Naim’s Sales Gallery located in Kuching, Miri or Bintulu before/upon any payment is made by the Purchaser. The said form would then needs to be verified and approved by an authorized Naim personnel.

b. Payment of the Introducer fee shall be as follows:

Purchases by cash (for successful purchases of completed properties)

The Introducer fee shall be paid:

· After the execution of the Sale and Purchase Agreement (SPA) and/or Deed of Mutual Covenants (DMC) AND

· Thirty (30) days after the payment of purchase price of the property as required under the ‘Super Deals’ promotion by the Purchaser.

Purchases by cash (for successful purchases of properties under construction)

The Introducer fee shall be paid:

· After the execution of the Sale and Purchase Agreement (SPA) and/or Deed of Mutual Covenants (DMC) AND

· Thirty (30) days after the payment of the balance of the purchase price up to current progress claim has been paid in full within the time frame set out in billings statement by the Purchaser

Purchases via loans

The Introducer fee shall be paid:

· After the execution of the Sale and Purchase Agreement (SPA) and/or Deed of Mutual Covenants (DMC) and loan agreement, and settlement of the unfinanced portion as prescribed under the ‘Super Deals’ promotion AND

· Thirty (30) days after the first drawdown of the loan by the financial institution

7. The introducer fee is personal to the Introducer and it is non-transferable or non-assignable to any third party or to any other properties of the Introducer for any reason whatsoever.

8. All introducers shall be automatically registered for the Competition as stated in Clause 2 above.

9. The top three (3) introducers based on net sales value (after discount/rebates) for each category shall be rewarded for their efforts.

10. The categories and prizes for the Competition shall be as follows:

No.

Categories

Criteria

Prizes

1.

Existing purchasers

· Shall require a minimum of RM500,000 net sales value closed

  • Based on the total net sales value closed

1st prize: RM5,000 (cash) & 25gms gold pendant

2nd prize: RM3,000 (cash) & 15gms gold pendant

3rd prize: RM1,000 (cash) & 10gms gold pendant

2.

Others

· Shall require a minimum of RM500,000 net sales value closed

  • Based on the total net sales value closed

1st prize: RM2,500 (cash) & 25gms gold pendant

2nd prize: RM1,500(cash) & 15gms gold pendant

3rd prize: RM500 (cash) & 10gms gold pendant

3.

Naim non sales staff

· Shall require a minimum of RM500,000 net sales value closed

  • Based on the total number of units closed

1st prize: RM2,500 (cash) & 25gms gold pendant

2nd prize: RM1,500(cash) & 15gms gold pendant

3rd prize: RM500 (cash) & 10gms gold pendant

11. The winner announcement shall be carried out in the first quarter of 2021.

12. Winners shall be notified via telephone within three (3) days from the date as prescribed in Clause 11 above, based on the introducer information provided in the Introducer Form. Three (3) attempts will be done to contact each winner.

Should these attempts fail, the prize shall be deemed as forfeited by the winner, and another winner selection shall be carried out to select another winner. This process shall be repeated until a replacement winner is found.

13. All non-cash prizes are not exchangeable for cash.

14. All prizes are strictly not transferable, assignable exchangeable or redeemably by the winner in any other form or manner other than specified herein.

15. All prizes are accepted entirely at winner’s own risk and are awarded by NAIM and/or NAIM’s sponsors without any warranty of any kind express or implied.

16. Prizes must be claimed in person unless Naim prescribes other modes of collection.

17. Naim reserves the right to withhold the prize(s) if the Introducer(s) breaches and/or fails to comply with any of the provisions of this Terms and Conditions.

18. By participating in the programme, every introducer is deemed to have accepted and agreed to abide by these terms and conditions.

19. Naim reserves the right in its sole discretion to cancel or suspend the programme due to events beyond its reasonable control which does not allow for the continuation of the programme.

20. Naim reserves the right to amend these terms and conditions, or amend the terms and conditions of the programme at any time without prior notice.

21. Naim reserves the right to reject the participation of any intending introducer for the programme or disallow the continuation of participation of any introducer for the programme.

22. The Introducer agrees to indemnify Naim against any claim, damages, debt, expense, liability, loss, suit, action, demand, cause of action, proceeding or judgement of any kind which are made or brought against or suffered or incurred by Naim and arise directly and/or indirectly out of or in connection with the programme.

23. The Introducer authorises Naim to use their personal data in accordance to the Personal Data Protection Act 2010, including their names and submitted information for the purpose of the programme and for Naim’s publicity and marketing campaigns including but not limited to publication on Naim’s website and other publicity material.

24. Prize presentation will be carried out at such time and place, and in the manner as deemed fit by Naim.

25. Naim retains sole discretion in all matters relating to the programme.



25TH ANNIVERSARY 'SUPER DEALS' COMPETITION 2020 (PURCHASERS)

Rules and Regulations

1. The Competition is open to all purchasers under the 25th Anniversary ‘Super Deals’ Promotion 2020 (hereinafter referred to as ‘the promotion’) valid for bookings made and sales concluded from 15 October 2020 to 31 December 2020.

2. The Competition shall as follows:

Categories

Criteria/Information

Prizes

Cash Purchasers

Net sales value (after discounts/rebates)

1st prize: RM10,000 (cash) & 25gms gold pendant

2nd prize: RM5,000 (cash) & 15gms gold pendant

3rd prize: RM3,000 (cash) & 10gms gold pendant

Non-cash Purchasers

Net sales value (after discounts/rebates)

1st prize: RM5,000 (cash) & 25gms gold pendant

2nd prize: RM3,000 (cash) & 15gms gold pendant

3rd prize: RM1,000 (cash) & 10gms gold pendant

‘Lucky picks’

25 draws (every purchase is entitled to one registration for the draw)

1st prize: RM8,000

2nd prize: RM6,000

3rd prize: RM3,500

4th – 25th prize: RM2,500 each

3. All purchasers under the promotion shall be automatically registered for the Competition, and shall be required to maintain his/her/their status as a Purchaser until the date of winner announcement and ‘lucky picks’ draw (hereinafter referred to as ‘the draw date’).

Should the Purchaser cancel, terminate or revoke the purchase under the promotion, his/her/they shall not be eligible for the Competition.

4. The winner announcement and draw date shall be carried out in the first quarter of 2021.

5. Winners shall be notified via telephone within three (3) days from the date as prescribed in Clause 4 above, based on the purchaser information provided for the promotion. Three (3) attempts will be done to contact each winner.

Should these attempts fail, the prize shall be deemed as forfeited by the winner, and another winner selection and/or draw shall be carried out to select another winner. This process shall be repeated until a replacement winner is found.

In the case of joint purchases, only the first registered name on the purchaser information provided for the promotion will be used for the purpose of the Competition.

6. All non-cash prizes shall not exchangeable for cash.

7. By participating in the Competition, every participant is deemed to have accepted and agreed to abide by these terms and conditions.

8. Naim reserves the right in its sole discretion to cancel or suspend the Competition due to events beyond its reasonable control which does not allow for the continuation of the Competition

9. Naim reserves the right to amend these terms and conditions, or amend the terms and conditions of the Competition at any time without prior notice.

10. Naim reserves the right to reject the participation of any participant for the Competition or disallow the continuation of any participant’s participation in the Competition.

11. The Participant agrees to indemnify Naim against any claim, damages, debt, expense, liability, loss, suit, action, demand, cause of action, proceeding or judgement of any kind which are made or brought against or suffered or incurred by Naim and arise directly and/or indirectly out of or in connection with the Competition.

12. The Participant authorises Naim to use their personal data in accordance to the Personal Data Protection Act 2010, including their names and submitted information for the purpose of the Competition and for Naim’s publicity and marketing campaigns including but not limited to publication on Naim’s website and other publicity material.

13. Prize presentation will be carried out at such time and place, and in the manner as deemed fit by Naim.

14. Naim retains sole discretion in all matters relating to the Competition.