Terms & Conditions
Sime Darby Property Innovation Challenge 2026. Organised by IKolaxus Sdn Bhd (Kolaxus).
Terms & Conditions — Sime Darby Property Innovation Challenge 2026
1. DEFINITIONS “Organizer” means IKolaxus Sdn Bhd. “Challenge” means SIME DARBY INNOVATION CHALLENGE 2026. “Participant” means any registered individual/team member. “Submission” means all ideas, documents, software, designs, presentations, videos, photographs, prototypes or any materials submitted. “PDPA” means Malaysia’s Personal Data Protection Act 2010.
2. ELIGIBILITY & PARTICIPATION Open to students of recognised Malaysian universities/colleges. Participants under 18 require written parental consent. Organizer may refuse or cancel registration at its discretion.
3. REGISTRATION & VERIFICATION All information must be accurate. Organizer may verify any details. False or misleading submissions lead to disqualification.
4. SUBMISSION RULES Submissions must be original, lawful and non-infringing, created specifically for this Challenge. Incomplete or late submissions will not be considered.
5. JUDGING PROCESS Evaluation includes innovation, feasibility, impact, theme alignment and presentation quality.
JUDGES’ DECISION FINALITY All judging decisions including rankings, eligibility determinations and prize awards are final, binding and non-appealable. No correspondence or disputes will be entertained.
6. PRIZES 1st Prize: RM 6000.00; 2nd Prize: RM 3000.00; 3rd Prize: RM 1500.00; Consolation Prizes (4th–10th): RM500. Prizes are non-transferable and subject to applicable taxes.
7. INTELLECTUAL PROPERTY OWNERSHIP All Submissions become the exclusive property of the Organizer upon submission. Participants assign all worldwide IP rights to the Organizer on a perpetual, royalty-free basis. The Organizer may reproduce, publish, modify, distribute, sublicense or commercialise any Submission in any media. The Organizer may share Submissions with sponsors, partners, universities and government agencies for promotional, educational, recruitment, research, demonstration or commercial purposes without compensation. Participants waive all moral rights and warrant submissions are original and non-infringing.
8. MEDIA RIGHTS Participants grant the Organizer full rights to use photos, videos or recordings for promotion and publicity without further consent or payment.
9. SPONSOR DATA ACCESS Any sponsor access to participant data follows opt-in PDPA consent rules only for recruitment or collaboration purposes. Sensitive data will not be disclosed.
10. REPRESENTATIONS Participants warrant they have legal authority to participate and submit materials.
11. CONFIDENTIALITY Participants must not disclose confidential Sponsor or Challenge information.
12. PUBLICITY Participation constitutes consent to publicity usage consistent with PDPA policies.
13. CODE OF CONDUCT Participants must act ethically and professionally and avoid plagiarism or misconduct.
14. DISQUALIFICATION Participants may be disqualified for T&C breaches, plagiarism, misrepresentation or unethical conduct. Decisions are final.
15. LIABILITY & INDEMNITY Organizer is not liable for losses, injuries or damages during participation or sponsor usage consistent with these terms. Participants indemnify the Organizer for third-party claims arising from submission breaches.
16. PDPA COMPLIANCE Data is processed in accordance with PDPA 2010 and Kolaxus Personal Data Protection Policy.
17. AMENDMENTS Organizer may amend these T&C with notice on official platforms.
18. GOVERNING LAW These T&C are governed by Malaysian law and subject to Malaysian courts.
ACKNOWLEDGMENT AND CONSENT By participating in the Challenge, you acknowledge that you have read, understood, and agreed to the terms of this Terms & Conditions Agreement.