IntroductionLeweko Resources Berhad (the “Company”) has adopted this Code of Conduct and Ethics (the “Code”) for Directors, management and employees of the Company and its subsidiaries (the “Group”).
This Code is established to promote the corporate culture which engenders ethical conduct that permeates throughout the Company.
All Directors, management and employees of the Group shall be referred to as “Officer(s)” hereon.
This Code is not intended to be fully comprehensive and there may be additional obligations that the Officers are expected to behave or conduct when performing their duties.
ObjectiveThe objective of this Code is to enhance the standards of corporate governance and corporate behaviour to achieve a standard of ethical behaviour for the Officers based on trustworthiness and values that can be accepted and to ensure the spirit of social responsibility and accountability of the Company is in line with the legislation, regulations and guidelines governing it.
Code of ConductEvery Officer is responsible to ensure compliance with the Code and should ensure the following:
- Avoid illegal, unethical or otherwise improper acts.
- Report any suspected violation of policies, laws and regulations.
- Take responsibility and accountability for your actions.
- Notify your Head of Department (HOD) or the Board immediately if you suspect any irregularities.
In the performance of his or her duties, each Officer must comply with the spirit of the Code. The core areas of the Code are as follows:-
- Health And Safety
- Conflict of Interest
- Confidential Information
Except with the permission of the Company, an Officer shall not make any unauthorized public statement, circulate, divulge or communicate with any customer, member of the public, media or government or statutory bodies on the policies or decision of the Company on any issue, or any other information or details in respect of the Company’s business.
- Inside Information
- Gifts And Business Courtesies
- Company Records And Internal Controls
Reliable internal controls are critical for proper, complete and accurate accounting and financial reporting. Officers must understand the internal controls relevant to their positions and comply with the policies and procedures related to those controls to ensuring that effective and reliable business processes are in place.
- Company Assets
All Officers have an affirmative duty to immediately report the theft, loss or misappropriation of any Company assets, including financial assets, physical assets, information assets and electronic assets to the management.
- Sexual Harassment
- Integrity And Professionalism
Communication and ComplianceThe Company and the Board should ensure this Code is being communicated to all levels of Officers through staff handbook, notice board, intranet, or corporate website. The Company should include the briefing of this Code to new Officers in the induction programme.
The Board should ensure this Code permeates throughout the Company and is complied by all levels of Officers.
Violations of Code of ConductThe Company’s Officer should report to supervisors, managers, HODs or Head of Human Resource about the known or suspected illegal or unethical behaviour. The Company’s Executive Directors and senior management shall promptly report any known or suspected violations of this Code to the Board.
InvestigationsThe Company shall investigate reported concerns promptly and confidentially with the highest level of professionalism and transparency. All internal investigations and audits are conducted impartially and without predetermined conclusions. Each and every Officer shall be expected to cooperate fully with audits, investigations and any corrective action plans, which may include areas for continued monitoring and assessment.
Where external investigations are required, every Officer shall appropriately respond to, cooperate and shall not interfere with, any lawful government inquiry, audit or investigation.