CODE OF ETHICS

1          ABOUT OUR CODE OF ETHICS

 

Our Code expresses the high level principles that govern the way we do business. These principles guide our decisions and actions in our relationships with the following stakeholders.

 

 

 

2          SHAREHOLDERS, CREDITORS AND GENERAL COMMUNITY

 

We will observe the spirit and the letter of relevant laws and exercise high standards of ethical conduct regarding:

 

  • disclosure of information to the Bursa Securities Malaysia Berhad, shareholders and statutory authorities
  • accounting practices
  • conflicts of interest
  • dealings in Formosa Prosonic Industries Berhad (“FPI or also referred to as Prosonic by its business associates) shares.

 

We will ensure Prosonic Group (means FPI and its subsidiaries) personnel act in the best interests of the Prosonic Group and its shareholders at all times.

 

 

 

3          CUSTOMERS, CONSUMERS AND SUPPLIERS

 

We will observe the spirit and the letter of relevant laws and exercise high standards of ethical conduct regarding:

 

  • our marketing and selling activities
  • our use of market power and pricing practices
  • our descriptions of goods and services
  • the quality and safety of our goods.

 

 

 

4          EMPLOYMENT PRACTICES

 

We are committed to the principles of workplace safety, equal opportunity, equality of treatment and creating an inspiring workplace where diversity is valued as a source of enrichment and opportunity. We will:

 

  • observe the spirit and the letter of relevant laws
  • exercise high standards of ethical conduct
  • implement appropriate health and safety practices
  • promote the principle of equality of employment opportunities.

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