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Terms & Conditions: Hire Purchase Launch Promotion (11.11)

Campaign Period

  • This Hire Purchase Launch Promotion (11.11) (“Campaign”) is jointly organised by Modalku Mobil Sdn Bhd (“MMSB”) and Modalku Ventures Sdn Bhd (“Funding Societies”) (collectively referred to as the “Organisers”) and shall commence and conclude on 11 November 2025 (“Campaign Period”), unless otherwise extended and notified by any of the organisers.

Eligibility Criteria 

  • This Campaign is open to all existing used car dealers of Funding Societies (“Eligible Participants”)  who fulfil the Eligibility Criteria during the Campaign Period. This Campaign applies exclusively to the Hire Purchase product offered by MMSB in Malaysia. Employees of the Organisers are not eligible to participate in this Campaign.

  • The following eligibility criteria must be duly fulfilled to be qualified for participation in this Campaign (“Eligibility Criteria”):
    • Eligible Participants must submit complete Hire Purchase applications within the Campaign Period.
    • Incomplete or late submissions will not be eligible for the Campaign.

Campaign Reward

  • Eligible Participants who submit a Hire Purchase application during the Campaign Period shall enjoy a waiver of the handling  fee for that application (“Reward”).

Reward Fulfilment

  • The handling fee waiver will be automatically applied to eligible Hire Purchase applications submitted during the Campaign Period. No separate claim or registration is required.

  • It is the responsibility of Eligible Participants to ensure that all required documentation and information are complete and accurate at the time of submission to qualify for the Reward under this Campaign.

General Terms & Conditions

  • By participating in this Campaign, the Eligible Participants are deemed to have read, understood, and agreed to be bound by all the terms and conditions stated herein (including any amendments, changes, or variations thereto).

  • The Organisers decision on all matters relating to this Campaign shall be final and binding on all the Eligible Participants, and no correspondence and/or appeal in respect thereof shall be entertained.

  • By participating in this Campaign, all Eligible Participants agree to provide his or her consent to:
    • Collect, record, hold, store, use, and disclose their personal information for purposes related to the Campaign; \
    • Disclose their personal information (including names, addresses, and telephone numbers) to the Organisers’ related and/or associate companies, business partners, strategic alliances, and other third parties as deemed necessary by the Organisers for the Campaign, and
    • Allow their photos or video clips to be used for current or future advertising and/or publicity related to the Campaign without any claim for payment or compensation.

  • Upon the expiry of the Campaign Period, the Campaign will be deemed terminated, and this offer will immediately lapse without notice.

  • The Rewards are not transferable to any third party, non-negotiable, and non-exchangeable for goods or cash, in part or in full, and/or other redemption item(s).

  • The Organisers reserve the right to substitute or change the Rewards with a similar or lower value at its absolute discretion.

  • The Rewards may be withdrawn or cancelled by the Organisers at their sole discretion if any purchase or transaction made by Eligible Participants under this Campaign is refunded, voided, cancelled, or deemed fraudulent.

  • The Organisers reserve the right to disqualify Eligible Participants from receiving the Rewards if they fail to comply with any terms and conditions contained herein, or engage in fraudulent or wrongful acts related to the products.
    The Organisers shall not be liable for any claims, losses, damages, or costs incurred or suffered by any participants as a result of their participation in this Campaign.

  • The Organisers shall not be responsible nor shall they accept any liabilities of whatsoever nature, howsoever arising or suffered by the Eligible Participants resulting directly or indirectly from this Campaign. For the avoidance of doubt, any cancellation, termination, suspension or extension of this Campaign or disqualification of the Eligible Participants or forfeiture of the Campaign shall not entitle the Eligible Participants to any claim or compensation against the Organisers or for any and all losses or damages suffered or incurred by the Eligible Participants as a direct or indirect result of the act of cancellation, termination, suspension, extension, disqualification or forfeiture.

  • These terms and conditions may be amended from time to time and shall prevail over any provisions or representations contained in any other advertising materials. In the event of inconsistency, the latest version of these terms and conditions shall supersede any previous terms and conditions.

  • These terms and conditions shall be governed by and construed in accordance with the laws of Malaysia and subject to the exclusive jurisdiction of the Courts of Malaysia.