Overview

Code of Business Conduct & Ethics

Download

INTRODUCTION

COBE is a set of organisational rules or standards regarding organisational values, beliefs, and ethics, as well as matters of legal compliance that govern the conduct of the organisation and its members. COBE gives employees or directors a general idea of what types of behaviour and decisions that are acceptable and encouraged. COBE is drafted based on our existing policies and procedures capturing it under one document.

PURPOSE

The COBE Policy provides guidance and set common ethical standards to promote consistency in behaviour across all levels of employment. COBE governs the actions and working relationships of board members and top Management with Employees and in dealings with other stakeholders, and where applicable, Counterparties and Business Partners. The standards of behaviour are derived from KPS Berhad’s underlying core values of Pride, Respect, Integrity, Discipline and Extra Mile (“PRIDE”).

SCOPE

KPS Berhad requires all Employees, Directors and officers to comply with all laws, rules and regulations applicable to the Group wherever it does business.

GUIDING PRINCIPLES

The guiding principles of COBE are in line with the aspirations of KPS Berhad’s core values as in “PRIDE” acronym.

ASPECTS

  • Work Environment & Human Rights
  • Anti-Bribery and Corruption
  • Donations And Sponsorships
  • Dealing With Counterparties and Business Partners
  • Dealing With Conflicts of Interests
  • Gifts, Entertainment and Travel
  • Protecting The Group and Shareholders
  • Dealing With Government Authorities, Political Parties and International Organisations

QUOTE

“Good corporate governance in the form of company values, business conduct, and transparent processes go a long way towards enhancing a trustworthy and reputable brand. Beyond reputation, how a company conducts itself in its business affairs has implications on such critical matters as the success of securing new customers and potential investors and prospective collaboration with various stakeholders”. - Ahmad Fariz Hassan, MD/GCEO