Whistle Blowing Policy
WHISTLE BLOWING POLICY OF KPS CONSORTIUM BERHAD
WHISTLE BLOWING POLICY AND PROCEDURES
1. Policy Statement
- KPS Consortium Berhad (“KPS”) is committed to achieving and maintaining high standards with regards to behaviorat work.
- All employees and stakeholders (i.e.shareholders/suppliers/customers) are encouraged to report genuine concerns about unethicalbehavior, malpractices, illegal acts or failure to comply with regulatory requirements without fear of reprisal should they act in good faith when reporting such concerns.
- KPS views any harassments or retaliations in any form or manner against genuine whistle blower seriously and will treat such action as gross misconduct, which if proven, may lead to dismissal.
- The policy and procedures are applicable to all companies within KPS Group.
2. Whistle Blowing
- Whistle Blowing is a specific means by which a worker or stakeholder can report or disclose through established channels, concerns about unethical behavior, malpractices, illegal acts or failure to comply with regulatory requirements that is taking place/has taken place/may take place in the future.
- Only genuine concerns should be reported under Whistle Blowing procedures. This report should be made in good faith with a reasonable belief that the information and any allegation in it are substantially true, and the report is not made for personal gain. Malicious and false allegations will be viewed seriously and treated as a gross misconduct and if proven may lead to dismissal.
3. Procedures
- Any concern should be reported to the Executive Director. Channel of reporting to the Executive Director are:-
Name
:
Mr. Lau Fook Meng
Email
:
fmlau@haiming.com
Telephone
:
03-77276390
Mail
:
Mark Strictly Confidential
Address
:
KPS Consortium Berhad
Lot 622, Jalan Lapis Dua, Kampung Sementa
Batu 6, Jalan Kapar
42200 Klang
Selangor Darul Ehsan.
Attention: Executive Director
Name
:
Mr. Faun Chee Yarn
Email
:
cyfaun@yahoo.com
Telephone
:
03-77276390
Mail
:
Mark Strictly Confidential
Address
:
KPS Consortium Berhad
Lot 622, Jalan Lapis Dua, Kampung Sementa
Batu 6, Jalan Kapar
42200 Klang
Selangor Darul Ehsan.
Attention: Executive Director
- In the case where reporting to management is a concern, then the report should be made to any one of the Independent Directors. Channels of reporting to the Independent Directors are:-
:(i)
Name
:
Mr. Tan Kong Ang
Email
:
tankongang@gmail.com
Mail
:
Mark Strictly Confidential
Address
:
78 Jalan USJ11/3C
UEP Subang Jaya
47620 Subang Jaya
Selangor Darul Ehsan.
or
(ii)
Name
:
Ms Leng Bee Bee
Email
:
chris@wongncollp.com
Mail
:
Mark Strictly Confidential
Address
:
2-21-2 Menara KLH Condo,
No. 2 Jalan Kasipillay, Batu 21⁄2,
Jalan Ipoh, 51200 Kuala Lumpur.
or
(iii)
Name
:
Mr. Lim Choon Liat
Email
:
choonliat@gmail.com
Mail
:
Mark Strictly Confidential
Address
:
5 Jalan Tiara 3
Mutiara Bukit Jalil
58200 Kuala Lumpur.
4. Action
- All reports will be investigated promptly. The progress of investigation will be
reported to the Audit Committee no later than at the next scheduled meeting. - All reports received, whether anonymously or otherwise, will be treated strictly
as confidential. - The person making anonymous report will be advised that maintaining anonymity may hinder an investigation. Irrespective of this, anonymity will be maintained as long as it’s permitted by law or the person making the report indicates that he no longer wishes to remain anonymous.
- Upon completion of investigation, appropriate course of action will be recommended to the Audit Committee for their deliberation. Decision taken by the Audit Committee will be implemented immediately.
- Where possible, steps will also be implemented to prevent similar situation arising.
5. Further action
- IIf for any reason, the person making the report is not satisfied with the way his report had been dealt with, he may escalate his report to the Chairperson of Audit Committee directly for further review. Channel of reporting to the Chairperson of Audit Committee is:-
:Name
:
Ms Leng Bee Bee
Email
:
chris@wongncollp.com
Mail
:
Mark Strictly Confidential
Address
:
2-21-2 Menara KLH Condo,
No. 2 Jalan Kasipillay, Batu 21⁄2,
Jalan Ipoh, 51200 Kuala Lumpur.
- Chairperson of Audit Committee will deliberate the report with her Committee members and decide on the appropriate course of further action.
KPSCB/9121 KPS Consortium Berhad, an investment holding company, primarily engages in the manufacture of various types of tissue paper and tissue-related products, as well as in the conversion of paper into related products principally in Malaysia.