Code of Conduct

Code of Conduct

Conflict of Interest Policy
  • Directors and employees should refrain from doing any act in conflict with the Company's interest whether as a result of contacting with such person involving in the Company's business e.g. trading partner, customer, competitor or of exercising opportunity or information to whom it is available as a director or employee for one's own benefit and also from doing any business competing with the Company or doing other works beyond such assigned by the Company which may negatively impact one's job.
  • Directors and employees shall refrain from holding shares in the business competing with the Company if such director or employee is required to act or omit any act which should be done in performing one's duties or which may affect one's job. In case directors and employees have acquired such shares before becoming a director or employee or before the Company has involved in such business or obtained as an estate, such directors and employees have to report the supervisor.
Corporate Assets Policy
  • Directors and employees have duties and responsibilities for maintaining the Company's assets without damage or loss and for using them efficiently at the Company's optimum benefit and shall refrain from using the Company's assets for one's or other's benefit.
  • Such assets refer to either tangible or intangible assets such as personal properties, real property, technology, technical knowledge, deeds, patent copyright as well as confidential information not available to the public such as business plan, financial projection, human resource information etc.
  • All directors and employees shall always refrain from divulging or exploiting confidential information.
Gifts and Entertainment Policy
  • Directors and employees shall not ask for, receive or agree to accept money, gift or any other benefit from any person involving in the Company's business.
  • Directors and employees may occasionally receive or give the present on traditional basis provided that such receipt shall in no way influence the receiver's business decision.
  • Present should not have high value and also should not be cash or cash-equivalent.
  • If directors and employees have received any traditional present of irregularly high value from any person involving in the Company's business, upper supervisor shall be informed thereof.
  • Giving or receiving a present is allowed if done transparently or in public or openly.
Securities Trading and Inside Information Policy
  • Directors and employees shall refrain from exploiting inside information for one's own benefit with respect to the Company's securities trading or otherwise sharing such inside information with others for one's own benefit with respect to the Company's securities trading.
  • Directors and employees shall report trading of the Company's securities in order to prevent insider trading and to avoid scandal concerning the appropriateness of trading of securities by the insider.
  • The insider should refrain from trading the Company's securities during the period preceding the publication of financial statements or the Company's financial status as well as other key information and should wait for at least 24-28 hours after such information has been made known to the public before trading the Company's securities.
Internal Controls and Audits and Financial Reporting
  • The Company's management is responsible for preparing accurate and complete financial reporting in due time including yearly and quarterly balance in accordance with generally accepted accounting standards.
  • Provide efficient internal control and audit system to ensure that the Company is following relevant standards and laws subject to the inspection by the internal auditor and the audit by the Audit Committee.
Shareholders Policy
  • To carry out duties with integrity and full effort and to treat all shareholders fairly and equally.
  • To report to the shareholders of the organization status on regular basis in true and complete manner.
  • To report to the shareholders of the organization trend in the future, both positive and negative aspects, based on reasonable ground.
Customer Relations and Product Quality Policy
  • To deliver product of quality that meet or is beyond the customer's expectation subject to fair conditions.
  • To provide the customer with product and service information which is correct, adequate and in time, in order that the customer can make well-informed decision without any exaggeration in the advertisement or any other communication channels with the customer which may mislead such customer as to quality, quantity or any conditions of product and service.
  • To keep the customer's information in confidence and not to dishonestly use it for one's own or other's interest.
  • To respond to the customer's need swiftly and provide effective system and channel for customer's claim about product and service quality.
Suppliers /Creditors Policy
  • To treat customer and creditor equally and fairly based on mutual equitable interest.
  • To strictly comply with contract or terms mutually agreed upon and in case compliance with any terms is impossible, supplier and/or officer must be informed in advance in order to seek for the solution.
  • In any business negotiation, to refrain from asking for, receiving or offering for any dishonest benefit from or to any supplier and/or creditor.
  • If it is discovered that any dishonest benefit has been asked for, received or offered, it is a duty to disclose such fact to supplier and/or creditor in order to seek for just and swift solution.
  • To provide financial information correctly, completely and in due time to creditor on regular basis.
Employees Policy
  • To provide appropriate and fair remuneration and welfare.
  • To maintain working environment in safe condition for employee's life and property.
  • Promotion and transfer as well as rewarding and punishing shall be done honestly based on knowledge, capability and appropriateness.
  • To place importance upon development of employee's knowledge and skill by offering impartial opportunity.
  • To strictly comply with employee-relevant laws and regulations.
Rivals Policy
  • The Company shall promote free and fair trade competition policy.
  • To act and behave under good competition rules.
  • Not to seek for competitor's confidential information through dishonest or in appropriate manner e.g. bribing competitor's director or employee etc.
  • Not to destroy competitor's reputation through defamation.
Employee Practice Policy
  • Shall perform one's duty with determination, honesty and transparency.
  • Shall refrain from giving present to supervisor or receiving it from subordinate.
  • Shall respect other employee's or the management's rights.
  • Supervisor shall behave in respectable manner while subordinate shall refrain from disrespectful act against supervisor.
  • Shall act with discipline and adhere to the organization's rules and traditions whether in writing or not.
  • Shall help maintain and promote solidarity atmosphere and unity among the employee and shall refrain from doing any act which may affect the Company's reputation and image or which may cause any trouble to the Company.
Environment and Community Policy
    • Shall be responsible and committed to conserving environment as well as norms and traditions of the locality in which the organization is situated.
    • Shall carry out activities promoting social welfare and environment in order to help improve quality of life of the community in which the Company is located through either our own initiative or cooperation with government agency and community.
    • Shall take step to prevent accident and control pollution emission within acceptable standard.
    • Shall swiftly and efficiently respond to situation adversely affecting environment and community due to the Company's operation through full cooperation with government official and relevant agency.
    • Shall promote spirit and responsibility among the employees toward society and environment under the requirements of ISO 14001.