NOTIFICATION OF ANTI-BRIBERY AND CORRUPTION PREVENTION COMPLIANCE PROGRAMME
We would like to inform you that AG APPAREL INDUSTRIES SDN BHD (the “Company”) has implemented an anti-bribery and corruption prevention compliance programme. This development is the Company’s response to recent changes in Malaysian law, which has introduced Section 17A of the Malaysian Anti-Corruption Commission Act, 2009 (the “Act”) requiring all business entities carrying on business in Malaysia to put in place adequate procedures to prevent briberies and corruptions in their business activities, Failure to do so may expose the Company and its directors and senior management to severe penalties. A copy of the infographic of MACC Act 2009, Section 17A is attached with this letter for your information and reference.
The Act reiterates the Company’s long standing “zero tolerance” approach to bribery and corruption which is enshrined in the Company’s Anti-Bribery and Corruption Prevention Policy. This is an articulation of how the Company views acts of bribery and corruption in relation to its business and activities, that we do not permit bribery or corruption under any circumstances, and that we can be expected to respond robustly and decisively to such acts.
The Act applies to the Company and to all its personnel and business associates (including vendors/suppliers/customers). Personnel and business associates shall ensure that they read, understand and comply with the Act when doing their work or performing their services. Prevention, detection and reporting of bribery and other forms of corruption are the responsibility of all. All personnel and business associates are required to avoid any activity that might lead to, or suggest, a breach of the Act. Business associates shall raise concerns as soon as possible if they believe or suspect that a conflict with or breach of the Act has occurred, or may occur in the future.
The Company reserves the right to terminate the relationship with any business associate who breaches this Act. The Act applies to our Company’s businesses in all countries worldwide, without exception and without regard to regional customs.
Please read the provisions of the Act carefully and acknowledge receipt and confirmation of you having read and understood its content by signing and returning to us via email a copy of this letter (Note: Addressee is advised to understand the full requirements of the Act, its implications and seek appropriate professional advice where necessary. The full text of the Act is accessible at www.sprm.gov.my)
The Company has established the Integrity and Good Governance Committee (“IGGC”) to be responsible for all anti-bribery and corruption prevention compliance matters. If you have any questions or comments, please do not hesitate to contact the IGGC:
Integrity and Good Governance Committee, IGGC
AG Apparel Industries Sdn Bhd
No 57, Jalan Seruling 58, Taman Klang Jaya, 41200 Klang, Selangor, Malaysia.
Tel : +603 3323 9662
Email : ag.iggc@gmail.com