1. Code of Conduct and Business Ethics (CoBE)
The Company adopts the PETRONAS CoBE to safeguard the integrity and credibility of the Company. The CoBE places significant importance in upholding the principles of good conduct, discipline, professionalism, integrity, loyalty and cohesiveness, all of which form the foundation for the success of the Company.
The CoBE was implemented by the Company as part of the Group’s corporate enhancement programme and reflects the importance of an effective corporate governance and compliance culture within the Group.
The CoBE contains a detailed policy on the standards of conduct expected from each employee as well as the Directors of the Company. The Company also enforces the CoBE on all its contractors, sub-contractors, agents, consultants, representatives and any other persons performing works or services for and on behalf of the Company. A copy of the CoBE is available on the Company’s corporate website, for viewing by the public and any third parties dealing with the Company.
Read the Code of Conduct and Business Ethics (CoBE) here
In line with its on-going commitment to transparency and integrity, the Company also adopts PETRONAS’ Whistleblowing Policy to provide an avenue for all employees of the Company to disclose any improper or unprofessional conduct at the workplace.
The policies under the Whistleblowing Policy maintain the confidentiality of the whistleblower, to the extent which is reasonably practicable, to ensure the protection of the whistleblower from any adverse reactions in his course of disclosing any improper conduct committed or about to be committed within the Company. Any report submitted under the Whistleblowing Policy shall be subjected to a thorough investigation to determine a reasonable course of action.
A copy of the Whistleblowing Policy is available on the Company’s corporate website, for viewing by the public and any third parties dealing with the Company.
Read the Whistleblowing Policy
3. Anti-Bribery and Corruption
In compliance with the CoBE, the Company adopts the PETRONAS Anti-Bribery and Corruption Manual which governs the prevention of corruption and unethical practices within the Group.
The Company has also adopted and implemented the ‘No Gift Policy’ as a means to avoid any conflict of interest situations for either party or potential business dealings between the Company and third parties.
Read the Anti-Bribery and Corruption Manual
4. Human Rights Commitment
The Company embraces PETRONAS' Human Rights Commitment as part of its effort to respect internationally recognised human rights in areas of its operations, complying with its Code of Conduct and Business Ethics, and all relevant legal requirements.
Read the Human Rights Commitment
5. Human Right Good Practices for Contractors
The Company follows PETRONAS' Human Right Good Practices for Contractors which requires contractors, subcontractors and any third parties within PETRONAS premises or performing work and/or business for or on behalf of PETRONAS to abide by the PETRONAS Human Rights Commitment, which is aimed at respecting internationally recognized human rights in areas of its operations, complying with its Code of Conduct and Business Ethics, and all relevant legal requirements.
Read the Human Right Good Practices for Contractors
6. Corporate Disclosure
The Company has established an internal Corporate Disclosure Guide to facilitate the disclosure and conduct on the dissemination of information. This Guide is based on the requirements as set out in the Main Market Listing Requirements, the Corporate Disclosure Guidelines [2nd Edition] by Bursa Malaysia Securities Berhad and promotes transparency and accountability in the dissemination of material information amongst the Company organisation and public.
Read the detailed guide