The Group values and upholds integrity, fairness, transparency and accountability. The Group has zero-tolerance for corruption and fraud.

Anti-bribery and anti-corruption standards are important parts of the Group’s policies and operating practices which are reinforced by the Group’s employees and communicated to relevant stakeholders with dealings with the Group. Whistle-blowing policies apply to all stakeholders including employees, shareholders, customers and suppliers. The whistle-blowing mechanisms allow stakeholders to report suspected misconduct, malpractices or fraudulent activities with confidence. Cases reported are followed up independently; all cases will be reported by the Group’s Internal Audit function to the Audit Committee and executive management.

Regulatory Compliance
The Group is committed to ensuring its businesses are operated in compliance with local and international laws, rules and regulations. Regulatory frameworks within which the Group operates are analysed and monitored, internal policies are prepared and updated accordingly. Tailor-made workshops are also conducted where necessary so as to strengthen the awareness and understanding of the internal controls and compliance procedures of the Group.

During the year, the Group was not aware of any breach of laws and regulations that have a significant impact on the Group relating to anticorruption.