A. Qualification
1. One time purchase of RM20,000.00 on purchase any of Public Gold’s products which consist of gold bar, gold coin, gold dinar, jewelleries, silver bar, and etc according to current prices.
2. Must be 18 years old and above
2. Must be 18 years old and above
B. Requalification Evaluation
1. Evaluation of Personal Sales will be conducted twice a year which from:
• 1st January to 30th June
• 1st July to 31st December
2. Personal Sales is defined as own sales and first time purchase from Dealer.
3. Dealer will be degrading in case of without sales within six consecutive months.
• 1st January to 30th June
• 1st July to 31st December
2. Personal Sales is defined as own sales and first time purchase from Dealer.
3. Dealer will be degrading in case of without sales within six consecutive months.
C. Web Promo Assessment
1. Personal Sales need to achieve RM20,000.00 within the Assessment Period of 3 months period.
2. Personal Sales is defined as own sales and first time purchase from Dealer.
3. Assessment of Personal Sales will be conducted four times a year which from:
• 1st January to 31st March
• 1st April to 30th June
• 1st July to 30th September
• 1st October to 31st December
4. Dealer needs to maintain the sales target on next Assessment Date to continuously publish their name in Public Gold website. Names will be taken out from Public Gold website if Dealer has failed to maintain the target of total sales.
2. Personal Sales is defined as own sales and first time purchase from Dealer.
3. Assessment of Personal Sales will be conducted four times a year which from:
• 1st January to 31st March
• 1st April to 30th June
• 1st July to 30th September
• 1st October to 31st December
4. Dealer needs to maintain the sales target on next Assessment Date to continuously publish their name in Public Gold website. Names will be taken out from Public Gold website if Dealer has failed to maintain the target of total sales.
D. Commission
1. Commission Division
• Direct Commission (from Customer and Own Sales)
• Sales – 1% from total sales amount
• Buy Back: Direct 0.5% from total personal buy back
2. Commission will be paid by Public Gold to Dealers on 20th each month into their bank account. Unless 20th fall on Saturday or Sunday, therefore commission will be bank in on Monday (21st or 22nd). Dealers will receive the payment within 3 working days after commission has been bank in.
3. Dealers will receive Monthly Commission Statement within 15 working days after the commission has been bank in.
4. All order payments and active bank account number (either Public Bank orMaybank) must provided by dealers to Account Department on or before 5th each month, else the commission of the month will be postponed to next month.
• Direct Commission (from Customer and Own Sales)
• Sales – 1% from total sales amount
• Buy Back: Direct 0.5% from total personal buy back
2. Commission will be paid by Public Gold to Dealers on 20th each month into their bank account. Unless 20th fall on Saturday or Sunday, therefore commission will be bank in on Monday (21st or 22nd). Dealers will receive the payment within 3 working days after commission has been bank in.
3. Dealers will receive Monthly Commission Statement within 15 working days after the commission has been bank in.
4. All order payments and active bank account number (either Public Bank orMaybank) must provided by dealers to Account Department on or before 5th each month, else the commission of the month will be postponed to next month.
E. Miscellaneous
1. Dealer is entitled to sell all of Public Gold’s gold products including:
• Gold Bar (Au999.9) – 20g, 50g, and 100g
• Gold Coin (Au999.9) – 50g
• Gold Dinar (Au916) – 1 Dinar, 5 Dinar, and 10 Dinar
• Jewellery (Au916)
• Silver Bar (Ag999) – 250g, 500g, and 1kg
2. Appointment Letter will be given to a qualified Dealer to prove that he or she is Public Gold’s authorized Dealer.
3. They are not allowed to sell Public Gold’s product if he or she is no longer Public Gold’s authorized Dealer.
4. Dealer is reminded to always keep the positive image of Public Gold. Public Gold has the right to strip the appointment of Dealer, or to claim compensation in terms of law if Dealers done any activities or spread any rumors that will influence the company’s reputation.
5. Public Gold has the right to modify these Dealers Terms and Conditions from time to time according to requirements without prior notice to the dealer.
• Gold Bar (Au999.9) – 20g, 50g, and 100g
• Gold Coin (Au999.9) – 50g
• Gold Dinar (Au916) – 1 Dinar, 5 Dinar, and 10 Dinar
• Jewellery (Au916)
• Silver Bar (Ag999) – 250g, 500g, and 1kg
2. Appointment Letter will be given to a qualified Dealer to prove that he or she is Public Gold’s authorized Dealer.
3. They are not allowed to sell Public Gold’s product if he or she is no longer Public Gold’s authorized Dealer.
4. Dealer is reminded to always keep the positive image of Public Gold. Public Gold has the right to strip the appointment of Dealer, or to claim compensation in terms of law if Dealers done any activities or spread any rumors that will influence the company’s reputation.
5. Public Gold has the right to modify these Dealers Terms and Conditions from time to time according to requirements without prior notice to the dealer.
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