Tropicana and its subsidiaries are committed to conducting business ethically in compliance with all applicable anti-bribery and anti-corruption laws of the country in which the Group operates. The Group does not condone any form of bribery and corruption. Our Anti-Bribery and AntiCorruption Policy (“ABAC Policy”) provides guidance on how to prevent, deal with and combat bribery and corrupt activities and issues that may arise in the course of business. The Policy applies to all employees, directors (executive and non-executive) and any person who performs services for or on behalf of the Group, which includes contractors, sub-contractors, consultants, suppliers, agents, intermediaries and representatives of the Group. All new recruits as well as employees promoted, transferred and in exposed positions are trained on the ABAC Policy by the Group Human Resources. Meanwhile, the Group Internal Audit, an independent authority, has oversight of the implementation of compliance controls related to this policy. The Head of Group Internal Audit reports directly to the Audit Committee, the Group Management Committee and the Board of Directors. The Risk Management Team conducts regular risk assessments to identify bribery and corruption risks potentially affecting the Group. A whistleblower will be accorded the protection of confidentiality of identity, to the extent reasonably practicable. In addition, an employee who whistleblows internally will also be protected against any adverse and detrimental actions for disclosing any improper conduct committed or about to be committed within the Group, to the extent reasonably practicable, provided that the disclosure is made in good faith. Such protection is accorded even if the investigation later reveals that the whistleblower is mistaken as to the facts and the rules and procedures involved. Upon the completion of the whistleblowing process and procedures, the whistleblower will be accorded the privilege to be notified of the outcome of the disclosure. We provide several channels for whistleblowing. Enquiries and reports related to whistleblowers can be approached through the Heads of Departments and/or Group Human Resources or by email to whistleblower@tropicanacorp.com.my For the year under review, there were no proven incidents of corruption involving employees, or legal cases related to fraud, bribery or corruption brought against us. As a property developer who is involved in the real estate industry, we depend largely on our supply chain and the robustness of our procurement practices. As we are into property development, management, investment, resort & operations, we employ various suppliers, vendors and contractors and consultants. The engagement of services largely depends on the nature of the job requirements, which are contracted and range from short-term to long-term, depending on the project. ART OF LEADERSHIP Our vision of a bright future spurs us to excel in the Art of Leadership GOVERNANCE 136 Directors’ Profile 142 Senior Management Profile 147 Corporate Governance Overview Statement 160 Additional Compliance Information 161 Statement on Risk Management & Internal Control 166 Audit Committee Report 04
RkJQdWJsaXNoZXIy NDgzMzc=