- Board Charter
- Code of Ethics & Conduct
- Company Strategies
  For Sustainability

- Shareholder
  Communication Policy
- Term of Reference
  of Nomination Committee

- Term of Reference
  of Audit Committee

- Term of Reference
  of Remuneration   Committee

- Whistleblowing Policies
- Remuneraion Policy
  And Procedures

- Extract Minutes
  of General Meetings
- Suitability Independence
  of External Auditors

- Anti Corruption Policy
  Statement
Anti Corruption Policy Statement

ANTI CORRUPTION POLICY STATEMENT

At Paos Holdings Berhad (hereinafter referred to as “PAOS”), we strive to conduct our business in line with highest standards of integrity, responsibility and accountability. Pursuant to these ethical standards, PAOS has adopted a stand of zero tolerance towards all forms of corruption, especially in respect of bribery, malpractice and misconduct.

 

 

Our Dedication

Following the above-mentioned ethical commitments, PAOS has adopted the anti corruption policy (hereinafter referred to as “ACP” or “the Policy”) that promulgates principles and standards on anti-corruption as well as maintenance of business documentation and financial records for reasons of accountability and responsibility. The Policy is in congruent with Malaysian Anti-Corruption Commission Act 2009 (Act694) (“MACC Act 2009”) and advocates similar principles and standards in PAOS’s business management and approach.

 

Our Program

In recognition of these aspirations, the Board of Directors (“the Board”) and Management have engaged an anti-corruption program which is in line with the Guidelines on Adequate Procedures as promoted by the Prime Minister’s Department of Malaysia pursuant to subsection (5) of Section 17A of MACC Act 2009, as provided in the Malaysian Anti- Corruption Commission (Amendment) Act 2018 (“MACC Amendment Act 2018”). The underlying objectives of this program are to assist PAOS in preventing the occurrence of corrupt practices in business activities, especially in the deterrence of corruption, bribery and malpractices or illegal activities that may arise in the day to day course of business. The elements within PAOS anti-corruption program includes:

  • Anti corruption policy that sets out the anti-corruption stand of PAOS as a group. As a general rule, employees, associates and agents acting for or on behalf of PAOS are strictly prohibited from directly or indirectly soliciting, accepting or offering bribes in the course of their duties. Engagement in any form of malpractices or illegal acts is strictly prohibited as it compromised the principles and ethical standards of PAOS.
  • Guidance to Management and all employees on addressing issues relating corruption, improper solicitation, bribery and other corrupt practices and activities that may arise in the ordinary course of business.
  • Controls and measures that have been put place to ensure all key stakeholders, including business partners, suppliers, contractors, agents, customers, associates, representatives and any other parties that have business dealings with PAOS, adhere to PAOS’s anti corruption policy and the MACC Act 2009.

Reporting & Whistleblowing

PAOS has put in place a Whistleblowing Policy and Procedure to provide a channel which serves as a confidential platform for all employees and third parties to disclose any act of corruption in a confidential manner that protects the whistle-blower from any risk or reprisals. This channel is set out under PAOS’s Whistleblowing Policy and Procedure. All whistle- blowers are assured of protection in respect of their identity in accordance with the Whistleblower Protection Act 2010 that has been in force.

 

Breach & Violation

The Company would take stern action against any employee, business partner, supplier, contractor, agent, customer, associate, representative and any other party whom is found in breach of PAOS’s anti corruption policy. Employee may be subjected to disciplinary actions and the Company reserves the right to terminate any relationship with third party for any breaches of the Company’s anti corruption policy.

 

Continuous Improvement

PAOS is committed to continuously enhance its anti corruption policy and program as described in this document as part of its aspirations towards establishing, implementing and maintaining a robust anti-corruption monitoring and management program. Compliance with this Policy is being regularly monitored by PAOS, and internal audits are being conducted at regular intervals and when deemed necessary.