Each Director and employee has a duty to read and understand the Code. Violation of any of the Code’s provisions can result in disciplinary action, including termination of employment.
|4.||CORE AREAS OF CONDUCT|
Conflicts of Interest
The Directors and employees must be accountable for acting in the Company’s best interest and should avoid involving themselves in situations where there is real or apparent conflict of interest between them as individuals and the interest of the Group. Directors and employees must not use their positions or knowledge gained directly or indirectly in the course of their duties or employment for private or personal advantage.
In addition, a Director or an employee shall not have an outside interest which materially encroaches on time or attention which should be devoted to Company’s affairs. A Director or an employee shall avoid any situation in which the Director or employee has an interest in any entity or matter that may influence the Director or employee’s judgment in the discharge of his responsibilities.
Inside Information and Securities Trading
Protection of Assets and Funds
Business Records and Control
Compliance with Laws, Rules and Regulations
It is however permissible to receive items commonly exchanged in business relationships, such as lunches, dinners, token gifts which are occasional, gifts during festive or special occasions and gifts from social functions attended by the Directors or employees on behalf of the Company, as long as it relates to business.
Health and Safety
Any questions concerning issues of such should be directed either to the employees’ immediate supervisor, the Head of the Human Resource Department or Executive Directors. All such reports or complaints shall be treated with strictest confidence.
Fair and Courteous Behavior
Abuse of Power
Commitment against corrupt practices
REPORTING OF VIOLATIONS OF THE CODE
REVIEW OF THE CODE