OSOTSPA Group of Companies (“Group of Companies”)
have conducted businesses with honesty, integrity and ethics
as well as having been responsible
for their respective duties and
committed in doing businesses in compliance with good governance practices.
This enables Group of Companies to grow in a steady and sustainable manner.
The Company has developed this Code of Conduct with a view to
setting up the guidelines and practices to which the directors,
management and employees shall
adhere and to facilitating
Group of Companies to conduct businesses transparently, honestly and lawfully
as well as to avoiding any activity which could lead to a conflict of interest.
In essence, this will universally build up trust and recognition at the international level,
thereby resulting in the sustainable growth of the Company.
The Directors, Management and Employees shall not lend, take loans, or raise funds or things for
business advantages from customers or persons who conduct business with Group of Companies, except
where they borrow loans in their own personal capacities as customers of those banks or financial institutions.
No Director, Management or Employee who is an interested person in any transaction or action may approve
such transaction or action on behalf of Group of Companies if such transaction or action is to be entered
into with themselves, any person in their families or any other persons whom they have interest with.
Those persons authorised to transact businesses on behalf of Group of Companies have duties to check
relationship of business partners whether such business partners are related to any Director, Management
or Employee before entering into such transactions so as to avoid any potential conflict of interests.
The definition of relationship is as specified in the Notification of the Securities and Exchange Commission
Re: Disclosure of Information and Other Acts of Listed Companies Concerning Connected Transactions.
In the event of such giving or accepting gifts, meals or other entertainments, each relevant Employee
shall report the same to their respective Chief / Function Head.
The Directors, Management and Employees shall avoid demanding or requesting gifts either in the
form of cash or non-cash from the business partners or any other persons related to Group of
Companies if such gifts could affect any decision-making in their work performance.
A whistleblower can report personnel behavior/misconduct related to corruption by clearly specifying the matter as confidential information and providing details in one of the following channels:
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