Corporate Governance

BOARD DIVERSITY POLICY

(Last revision date: 9 September 2015)

 

  1. Introduction

    The Board Diversity Policy (“the Policy”) sets out the approach to diversity on the Board of Directors (“the Board”) of Suiwah Corporation Berhad (“the Company”).

    The Company strongly recognizes and embraces the benefits arising from board diversity, including accessing different perspectives and ideas and benefiting from all available talent in order to enhance the quality of its performance.


  2. Policy Statement

    The Company sees the increasing diversity at the Board level as an essential element in supporting the attainment of its strategic objectives and its sustainable development.

    The Company’s strategic intent for boardroom diversity is the attraction, retention and development of a diverse team of skilled people towards the delivering of the Company’s strategy.


  3. Objectives

    The Policy is centered on the following initiatives:-

    • identifying and creating the right balance of skills and industry experience, background and gender of Directors;

    • improved employment and career development opportunities for women;

    • retaining Directors based on the context of skills, time commitment and experience in order for the Board to be effective; and

    • the Nomination and Remuneration Committee will review and assess the Board composition and mix of skills and experience and make recommendations on the appointment of new Directors.

     

  4. Monitoring and Evaluation

    The Board, through its Nomination and Remuneration Committee will monitor the scope and applicability of this Policy from time to time. 

     

  5. Disclosures

    5.1.    This Policy will be published in the Company’s website for public information and a web link thereto shall be provided in the Annual Report.

    5.2.    A summary of this Policy together with the objectives set for implementing this Policy, and the progress made towards achieving those objectives will be disclosed in the Corporate Governance Report of the Annual Report of the Company.


WHISTLE BLOWING POLICY

(Last revision date: 9 September 2015)

 

  1. Introduction

    Suiwah Corporation Berhad (“the Company”) expects the highest standards of integrity and good work behavior from all its employees, vendors, consultants and/or business associates.

    This Whistle Blowing Policy (“the Policy”) is a guideline and channel for the Company’s stakeholders or even members of the public to report or lodge a complaint to the Company of any improper conduct on the part of any of its management, employees, directors and any other party in particular with respect to their obligations to the Company’s interests.


  2. Policy Statement

    2.1    The Company is committed to achieve and maintain high standards with regards to the behavior at work.

    2.2    In order to achieve and maintain these standards and good behavior at work through the Policy, the Company will withheld identities of the parties reporting a whistle blowing complaint. The Company expects all parties to act in good faith and have reasonable grounds when reporting a
    whistle blowing complaint.

    2.3    The Company views false and malicious allegations seriously and the parties responsible may be subject to appropriate disciplinary action, including legal actions where applicable.


  3. Types of Improper Conduct

    Parties can report a whistle blowing complaint if they are aware of any improper conduct, including but not limited to the following:-

    3.1    fraud;

    3.2    misappropriation of company’s assets;

    3.3    non-compliance with regulatory requirements;

    3.4    criminal breach of trust;

    3.5    illicit and corrupt practices;

    3.6    sexual harassment;

    3.7    misuse of confidential information;

    3.8    giving false or misleading information (including suppression of any material facts or information);

    3.9    the deliberate concealment of any of the above matter or other acts of wrong doing


  4. Whistle Blowing Channels

    4.1    Parties submitting the complaints via emails, faxes or letters, should disclose their names, contact number, details of person(s) involved, nature of allegation, when and where the incident took place and provide evidence, if possible.

    4.2    Report regarding the Company’s employees, vendors, consultants and/or business associates:-

    Name :      Dato’ Hwang Thean Long
    Designation      : Group Managing Director
    Email : hwang@suiwah.com.my
    Telephone : +604-6431111
    Fax : +604-6437389
    Mail : Suiwah Corporation Berhad

    No. 1-20-1, SUNTECH @ Penang Cybercity,
    Lintang Mayang Pasir 3,
    11950 Bayan Baru, Penang.
    Attention: Group Managing Director
    (Please mark “Strictly Confidential”)


    4.3    Report regarding the Company’s management and/or directors:-

    Name :      YB Senator Dato’ Haji Mohd Suhaimi bin Abdullah
    Designation      : Chairman of Audit Committee
    Email : dato.suhaimi@silverridge.com.my
    Telephone : +603-2300 0163
    Fax : +603-2300 0291
    Mail : Suiwah Corporation Berhad

    No. 1-20-1, SUNTECH @ Penang Cybercity,
    Lintang Mayang Pasir 3,
    11950 Bayan Baru, Penang.
    Attention: Group Managing Director
    (Please mark “Strictly Confidential”)

 

The Company reserves the right not to inform the whistleblower of the precise action plan and/or the outcome of the investigation as this may infringe a duty of confidentiality to others. 

 

Click to view Board Charter

Click to view Board Diversity Policy

Click to view Suiwah-Summary Key Matters_EGM

Click to view Codes of Ethnics and Conduct

Click to view Whistle Blowing Policy

Click to view Nomination and Remuneration Committee

Click to view Terms of Reference Of The Audit Committee