The Board of Directors (the “Board”) of V.S. Industry Berhad(“VSI” or “the Company”) is committed to the implementation and maintenance of high standards of corporate governance practices throughout VSI and its subsidiaries (“the Group”) as a fundamental part of its responsibilities in managing its business affairs so as to promote business prosperity and long term sustainable growth. The Board believes that a robust corporate governance framework is essential to realise long term shareholders’ value and protect the interests of all stakeholders as well as the assets of the Group.

We recognise the importance of establishing and upholding good corporate governance and is committed to uphold the highest standards of integrity in all business transactions and practices a zero-tolerance approach towards all forms of bribery and corruption, and upholds all applicable laws including all anti-corruption laws, regulations and guidelines ("Applicable Laws").

In line with the Group’s zero tolerance approach towards bribery and corruption, we would like to refer you to the followings: