Code of Conduct
Matahari is firmly committed to practicing the principles of good corporate governance, namely transparency,
accountability, responsibility, independence, fairness and equality, which are embodied in the Company’s core values. These values are enshrined in our Code of Conduct, which serves as a guide for the Board of Management, Board of Directors, Board of Commissioners and all our employees in carrying out their day-to-day duties, by setting out the accepted standards of conduct for their interactions with other employees, shareholders, suppliers, and regulatory officials. The Code of Conduct encourages staff to:
a. Improve accountability, transparency, and compliance with existing laws and regulations;
b. Implement tasks with the highest degree of professionalism and integrity;
c. Avoid giving or accepting inappropriate corporate gifts, bribery and kickbacks;
d. Avoid activities which may give rise to a conflict of interest with their work; and
e. Protect the Company’s proprietary information, both during and after their term of employment with the Company.
The Code of Conduct is promoted regularly throughout the Company, and all existing and new employees must sign the Code of Conduct at least every two years. All employees are aware that if there is any violation of the Code of Conduct, the Company may take any disciplinary action including the termination of employment. In addition, the Code of Conduct is periodically reviewed and updated to ensure that it is aligned with the Code’s intended objectives, which are to:
1. Integrate Company’s values into employees’ ethical business practices in line with Company's vision and mission.
2. Clearly describe the Company’s values and the acceptable conduct that is to be followed by all
employees in carrying out their day-to-day duties and responsibilities.
3. Provide basic guidelines for all levels in the Company with regard to interaction between employers
and employees, shareholders, suppliers, Government, and other stakeholders.