General
Terms and Conditions
The following general terms and conditions constitute a public offer and apply to everyone who participates in the investment program of EVTS TECHNOLOGIES SDN BHD, located at Level 23, Menara Exchange 106, Lingkaran TRX, Tun Razak Exchange, Kuala Lumpur 55188 Malaysia
1. General Terms
1.1
These
terms come into force only with the free and informed consent of the future
EVTS TECHNOLOGIES SDN BHD, hereinafter referred to as the "Company",
and the person who has reached the age of majority according to the laws of
their country of residence at the time of acceptance of these terms of use,
hereinafter referred to as the "Customer". The terms are accepted in
full and in no case in parts, without restrictions, imaginary or express
advantages or exceptions.
1.2
The
core of these conditions is that the Company undertakes to provide the Customer
with reliable and high-quality financial management services for his investment
funds. As well as information and advisory help and technical support, which
are directly related to the process of the company's investment program
implemented through the Telegram chat bot, to the extent necessary for a
productive, conflict-free interaction between the Company and the
Customer.
1.3
The
Customer, in turn, accepts the General Terms and Conditions and all clauses
without exceptions and in full, thereby assuming the obligation not to falsify
the essence and actual content of the current General Terms and Conditions.
2. Registration
2.1 To become a customer of the company, an investor who has decided to do so must go through the registration procedure in the Telegram chat bot. Completion of the registration procedure is confirmation that the interaction between the customer and the company has begun.
2.2
When
registering the personal account, the customer shares his personal data from
Telegram (name, profile name, language, phone number) with the company and
accepts the conditions, pressing the start button in the chat bot. The
submission of the registration data is a confirmation that the customer has
provided all registration data correctly.
2.3
The
company, in turn, undoubtedly accepts this personal data for further processing
and control of the registration statistics, and assumes responsibility for the
security of the data provided by the customer in absolute confidentiality in
accordance with the provisions of the company.
3. Investments
3.1
The
customer is entitled to make investments with his money within the framework of
the company's program and to make deposits on any investment offer of the
company available at the time of investment.
3.2
The
investment of funds is a final transaction, and the invested money will only be
returned to the customer after the expiry of the investment offer into which
the customer has invested the money.
4. Financial Password – 2FA
4.1
In
addition to providing personal data for the system, the customer will create
the 2FA, so that a financial password is created every 30 seconds - which the
customer must use in his account for financial transactions as well as activities
to change and/or supplement his payment data.
4.2
The
recovery password for the 2FA cannot be changed or restored, as no one but the
customer knows it. The company warns that in case of loss of the 2FA recovery
password, the company will not be able to restore it, and therefore the
customer will irretrievably lose control over his account and the funds
therein.
5. Risk Position
5.1
If
it becomes impossible to continue investment activities for reasons beyond the
control of the company, the customer cannot be refunded. In such a case, the
customer does not have the right to demand compensation for possible losses
from the funds of the company.
5.2
It
is important to clearly understand that any activity related to investment is
subject to potential risks, and the consequences of these risks can be the loss
of investment funds. By agreeing to the foregoing, the customer accepts the
fact that he transfers his funds voluntarily to the company for financial
management and agrees with the conditions not to make claims and demands for
refunds and (or) compensations in cases where the funds have been lost not due
to a fault of the company or due to unprofessional actions of the company.
6. Dispute Resolution
6.1
In
cases where there are disputes or disagreements between the customer and the
company, the solution of these situations is conducted through bilateral
negotiations, without admitting third parties in the negotiation process.
Moreover, such negotiations are to be conducted as long as a complete
resolution of the conflict situation is reached, preserving the interests of
both parties.
7. Copyright
7.1
All
content, be it graphics, texts or other information, as well as videos and GIF
animations, text content etc., is exclusive intellectual property of the
company. All references, literal or verbal quotes, reposting of text in any
8. Subordinated Loans
8.1
Subordinated
Loans: The company may accept subordinated loans from customers. A subordinated
loan is a loan that ranks behind all other debts of the company. In the event
of liquidation or insolvency of the company, the subordinated loan will only be
repaid after all other debts of the company have been settled.
8.2
Use
of Subordinated Loans: The company reserves the sole right to decide how the
funds from the subordinated loans are used. The customers have no influence
over the use of these funds.
8.3
Classification
of Assets: All assets transferred by customers to the company, regardless of
their form or origin, will be considered as subordinated loans. The customers
acknowledge and agree that any transfer of assets to the company constitutes a
granting of a subordinated loan, subject to the conditions set out in this
section.
8.4
The
company undertakes to accept subordinated loans only in accordance with
applicable legal regulations and rules.
8.5
In
the event of insolvency of the company, the customer has no right to demand
repayment of the subordinated loan, as long as senior creditors have not been
fully satisfied.
8.6
Use
of Subordinated Loans: The company reserves the right to use the funds from
subordinated loans at its own discretion. The customer acknowledges and agrees
that the company has sole decision-making authority over how the funds from
subordinated loans are used, as long as this use is in line with applicable
law. The customer will not have any objection or audit rights with respect to
the use of these funds.
8.7
Classification
of Assets: All assets transferred by customers to the company, regardless of
their form or origin, are considered as subordinated loans. The customers
acknowledge and agree that any transfer of assets to the company constitutes
the granting of a subordinated loan, subject to the conditions set out in this
section.
9. Final Provisions
9.1
These
General Terms and Conditions (GTC) represent the complete agreement between the
customer and the company, and replace all previous written or oral agreements,
communications, assurances and warranties between the customer and the company
regarding the subject of these GTC.
9.2
The
company reserves the right to change these GTC at any time. Changes will be
announced on the company's website or through other appropriate communication
channels. Continued use of the company's services after such changes is
considered consent to the modified GTC.
9.3
Should
a provision of these GTC be ineffective, invalid or unenforceable for any
reason, this provision is deemed to be separable and does not affect the
validity and enforceability of the remaining provisions.
9.4
The
non-exercise or delayed exercise of a right, a remedy or a privilege under
these GTC does not constitute a waiver of this or other rights, remedies or
privileges.
9.5
These
GTC and the relationships between the customer and the company are governed by
and interpreted under Malaysian law. For all disputes arising out of or in
connection with these GTC, the Malaysian courts have jurisdiction.
Copyright © 2023 ProfitWallet EVTS TECHNOLOGIES SDN BHD. / 2023/06/01