2. Demarcation of Responsibilities Board Charter As part of governance process, the Board has formalised and adopted the Board Charter. This Board Charter sets out the composition and balance, roles and responsibilities, operation and processes of the Board and to ensure that all Board members acting on behalf of the Company are aware of their duties and responsibilities as Board members. The Board will review the Board Charter from time to time to ensure that the Board Charter remains consistent with the Board’s objectives, current law and practices. The Board Charter is available at the Company’s website at www.destinigroup.com. 3. Good Business Conduct and Corporate Culture Code of Conduct and Ethics The Board is committed in maintaining a corporate culture, which engenders ethical conduct. The Board has formalised the Code of Conducts and Ethics which summarises what the Company must endeavour to do proactively in order to increase corporate value and which describes the areas in daily activities that require caution in order to minimise any risks that may occur. The Code of Conduct and Ethics provides guidance for Directors regarding ethical and behavioural considerations and/or actions as they address their duties and obligations during the appointment. The Board adopted a Code of Conduct and Ethics and will review the Code of Conduct and Ethics when necessary to ensure it remains relevant and appropriate. The details of the Code of Ethics and Conduct are available for reference at the Company’s website at www.destinigroup.com. Whistle-blowing Policy The Board has a Whistle-blowing Policy which provides an avenue and mechanism to all employees of the Group and members of the public to voice genuine concerns of any possible suspected breach of business conduct and malpractices impacting the interest of the Group. The main objectives of the policy are: i) Be committed to the Company’s business ethics of Honesty, Integrity and Transparency; ii) To provide a transparent and confidential process for all parties to give information on non-compliances to the Code of Conduct and Ethics, or any misconduct regardless of his or her position, to an independent party to investigate the allegations and take the appropriate actions; and iii) To uphold the moral duty being a Company by protecting the interest of all its stakeholders. The details of the Whistle-blowing Policy are available for reference at the Company’s website at www.destinigroup. com. Stakeholders, who have suspected fraud, misconduct or any integrity concerns, are encouraged to fill up a Whistle Blowing Report Form and email to: Attention : Professor Datin Dr Suzana Binti Sulaiman @ Mohd Suleiman Designation : Audit Committee Chairperson / NonIndependent & Non-Executive Director Email : suzana.sulaiman@destinigroup.com Destini Berhad Anti-Bribery and Corruption Policy On 19 June 2020, the Company adopted the “Destini Group Anti-Bribery and Corruption Policy” that sets out the Company’s principles and stance and adequate procedures against bribery and corruption activities in the conduct of its business. The Destini Group Anti-Bribery and Corruption Policy provide guidance to the employees and business partners towards eliminating acts of bribery and corruption in the conduct of the Company’s business and affairs and such policy is published on the Company’s website at www.destinigroup.com. GOVERNANCE 59 ANNUAL REPORT 2022 DESTINI BERHAD
RkJQdWJsaXNoZXIy NDgzMzc=