Code of Conduct & Ethics

Introduction
The Malaysian Code on Corporate Governance 2012 recommends the Board of every listed Company to formalise a Code of Conduct & Ethics that engenders ethical standards throughout the Company.

This Code of Conduct & Ethics is applicable to all our employees and its connected person (s).

The "Connected Person(s)" means the following persons:
  • Spouse, parent, brother, sister, child or step-child
  • A body corporate with which the employee is associated.
  • A person acting as the Trustee of any trust, the beneficiaries of which includes the employee or the body corporate above.
  • A person acting as a partner or any person who by virtue is connected with the employee.
The Code of Conduct & Ethics describes the behaviour expected of our employees and how they relate to our Business Principles and core values. The Code of Conduct & Ethics is a common reference point for anyone who is unclear about what is expected of them in a specific situation.

If you need advice and help on topics in the Code of Conduct & Ethics, you can speak to:
  • Your Manager/ Superior, or
  • Your HR focal point.

Guidelines For Conduct
Every employee shall use due care in the performance of his/her duties, be loyal to the Company and act in good faith and in a manner he/ she reasonably believes to be in and / or not opposed to the best interests of the Company.

Conflicts Of Interest
Employees must avoid conflict of interest between their private interest and their duty to the Company.

An employee who has an actual or potential conflict of interest must disclose to the Managing Director the existence and nature of the actual or potential conflict of interest and all facts known to him/her regarding the transaction that may be material to judgment whether to proceed with the transaction or not. The Managing Director may proceed with the transaction only after receiving approval from the Board.

Gifts And Entertainment
When acting on behalf of the Company, employees should never request gifts, entertainment or any other business courtesies from people doing business with the Company (including suppliers, customers, competitors, contractors and consultants).

Unsolicited gifts are permissible if they are customary and commonly accepted business courtesies; not excessive in value; and given and accepted without an express or implied understanding that the employee is in any way obligated by acceptance of the gift.

Only in exceptional circumstances does the Company allow the acceptance of certain Gifts and/or Hospitality to support business relationships. These require a strict process of approvals by the Board. Gifts and/or Hospitality must never influence business decisions or cause others to perceive an influence.

Meals in the ordinary course of business and infrequent meals and entertainment, such as cultural or sporting events, that are attended by both the employee and the giver are not considered gifts.

Gifts of cash or cash equivalents (including gift certificates, securities, below-market loans, etc.) of any amount are prohibited.

Company Property
Employees have responsibility to safeguard and properly use Company’s assets and resources, as well as assets of other organizations that have been entrusted to the Company. Except as specifically authorized, Company assets, including Company equipment, materials, resources and proprietary information, must be used for Company business purposes only.

Fraud, theft, abuse or misuse of the Company‘s assets is unacceptable.

Confidential Information
Employees shall maintain confidentiality of information entrusted to them by the Company. The Company’s confidential and proprietary information shall not be inappropriately disclosed or used for personal gain or advantage of the employee or anyone other than the Company.

Fair Dealing
Employees shall endeavor to deal fairly with the Company’s Customers, Suppliers, Competitors, Contractors, Consultants and Service Provider and shall never take unfair advantage of others through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other unfair dealing practice.

Compliance With Laws And Regulations
The Company is committed to comply with all laws, rules and regulations that govern the conduct of our business. All employees must ensure compliance with all laws, rules and regulations governing the business of the Company.

Should I Report A Violation Of The Code Of Conduct & Ethics ?
Yes, we encourage this and it will protect you against any retaliation. You can report a non-compliance allegation or concern to your Manager/ Superior.

If you prefer to report confidentially, you can contact the Chairman of the Board or the Audit Committee Chairman.

The contact details of the Chairman of the Board and Audit Committee Chairman where concerns can be raised by the employee are as follow:

Chairman of the Board Audit Committee Chairman
Phone: 603-61956000 Phone: 603-61956000
Email: business@dolomite.com.my Email: business@dolomite.com.my
This Code of Conduct & Ethics may be amended as required, subject to the approval of the Board.

This Code of Conduct & Ethics is to be reviewed by the Board annually to provide assurance that it remains consistent with the Board’s objectives and responsibilities.






 
Copyright @ 2008 Dolomite Corporation Berhad. All Rights Reserved.       |       Designed by JustSimple      |      Home | Corporate Information | Core Businesses | Contact Us