Press Metal Aluminium Holdings Berhad (the “Company”) has
adopted the following Code of Conduct (the “Code”) for
Directors, management and officers of the Company and its subsidiaries (the
“Group”). This Code is established to promote the
corporate culture which engenders ethical conduct that permeates throughout
the Company. All Directors, management and employees of the Group shall be
referred to as “Officers” hereon.
The principle of this Code is based on principles in relation to trust,
integrity, responsibility, excellence, loyalty, commitment, dedication,
discipline, diligence and professionalism.
This Code is formulated with the intention of achieving the following aims:
3.1. To emphasise the Company’s commitment to ethics and compliance with
the applicable laws and regulations;
3.2. To set forth basic standards of ethical and legal behaviour within the
3.3. To include noble characteristics in performing duties so as to improve
work quality and productivity;
3.4. To improve self-discipline in order to provide the Company with good
and quality service; and
3.5. To enhance skills in the implementation of duties and to be able to
adapt to the work environment.
Code of Conduct
Every Officer is responsible to ensure compliance with the Code:
• Know and comply with the Code and the Company Policies and Procedures.
• Seek guidance when in doubt.
• Avoid illegal, unethical or otherwise improper acts.
• Report any suspected violation of policies, laws and regulations.
• Assist authorised teammates with investigations.
• Take responsibility and accountability for your actions.
• Notify your department head (HOD) or the Board immediately if you suspect
The Company will take disciplinary action against any personnel who fails
to act in accordance with applicable statutory laws, Company Policies and
Procedures and this Code.
In the performance of his or her duties, each Officer must comply with the
letter and spirit of the following codes:-
The Company supports and respects human rights. The Company treats officers
with dignity and respect in the workplace, provides equal employment
opportunities, creates a safe and harmonious work environment, and will not
engage in any form of discrimination. Officers should respect the personal
dignity, privacy and rights of each individual they interact with during
the course of work and shall not in any way cause or contribute to the
violation or circumvention of human rights.
Health And Safety
The Company provides a work environment that is safe, secure and free of
danger, harassment, intimidation, threats and violence. The Company takes
appropriate precautions to prevent injuries or adverse working conditions
for each and every Officer. It is the responsibility of each and every
Officer to adhere to the prescribed safety rules and acts as well as to
raise any concerns which may represent a potential threat to health and
safety. Officers are responsible for reporting injuries and unsafe work
practices or conditions as soon as they being discovered or become known.
The Company conducts operations in a manner that safeguards health,
protects the environment and conserves valuable materials. The Company is
committed to protecting the environment by minimising and mitigating
environmental impacts throughout the life cycle of operations. Officers
should contribute to minimizing the use of finite resources, including
energy, water and raw materials. Officers should minimise harmful emissions
to environment, including waste, air emissions and discharges to water.
Gifts, Gratuities and Entertainment
Officers must exercise caution in relation to offering or accepting gifts
and business courtesies. Officers should accept gifts in relation to
cultural celebrations only. Any other gifts received by Officers shall be
declared to Group Chief Executive Officer.
Company Records And Internal Controls
The Company’s records must be prepared accurately and honestly, both by
accountants who prepare financial statements and by officers who contribute
to the creation of business records, for example, by submitting expense
records, time sheet, order and invoice records. The Company takes
obligation to maintain business records for operational, legal, financial,
historical and other purposes seriously and takes appropriate steps to
ensure that the content, context and structure of the records are reliable
Reliable internal controls are critical for proper, complete and accurate
accounting and financial reporting. Officers must understand the internal
controls relevant to their positions and comply with the policies and
procedures related to those controls to ensuring that effective and
reliable business processes are in place.
The Company’s properties and assets should be managed and safeguarded in a
manner which protects their values. Officers are accountable both for
safeguarding all assets entrusted to them, including information resources,
records, materials, facilities and equipment under their care or control,
from loss, theft, waste, misappropriation or infringement and for using the
assets to advance the interests of the Company. All officers have an
affirmative duty to immediately report the theft, loss or misappropriation
of any Company assets, including financial assets, physical assets,
information assets and electronic assets to the management as stipulated
under Violations of Code of Conduct below.
The Company expects each and every officer to give their fullest attention,
dedication and efforts to their duties and the Company. Officers must avoid
any personal, financial or other interest which may be in conflict with
their duties and responsibilities to the Company. In this respect, an
officer is not permitted to be gainfully employed by any other
organisation, company or business concern other than the Company without
prior written consent of the Group Chief Executive Officer. Such permission
will not be unreasonably withheld unless it has an impact on the executive
ability to perform his/her normal duties or his/her performance at work or
for an organisation which is in direct competition with the Company.
Integrity and Professionalism
Officers should remember that they are a reflection on the Company and are
constantly being judged and otherwise appraised by everyone they come in
contact with. All officers should conduct themselves with the highest
degree of integrity and professionalism in the workplace or any other
location while on Company’s business.
An Officer who is provided with uniforms by the Company shall wear them in
full at all times while he is at work.
An Officer is expected to be suitably and neatly dressed so as to maintain
an appropriate appearance that is business like, neat and clean, as
determined by the requirements of the work area. Dress and appearance
should not be offensive to customers or other officers.
Dress, grooming and personal cleanliness standards are important and
contribute to the morale of all officers and affect the business image to
the Company’s customers and visitors.
All information obtained in the course of engagement and/or employment with
the Company shall be deemed to be strictly confidential and shall not be
disclosed to any third party. This measure applies to all officers both
during and after the service with the Company.
Except with the permission of the Company, an Officer shall not make any
unauthorised public statement, circulate, divulge or communicate with any
customer, member of the public, media or government or statutory bodies on
the policies or decision of the Company on any issue, or any other
information or details in respect of the Company’s business. This applies
to disclosures by any medium, including the internet, especially via social
media sites (e.g. Facebook, Twitter, YouTube), internet message boards and/
or blogs. An Officer must take precautionary steps to prevent the
unauthorised disclosure of proprietary or confidential information,
including protecting and securing documents containing this information.
Personal records and remuneration including the Officer’s own remuneration
are classified as Private and Confidential information and shall not be
Officers are responsible for knowing and complying with the requirements
applicable to their work activities, including those described in Rules of
Conduct and Disciplinary Procedure in Employee Handbook and those described
in the Company’s guidance documents (Company’s standards, policies and
procedures and manuals).
Communication and Compliance
The Company and the Board should ensure this Code is being communicated to
all levels of officers through staff handbook, notice board, intranet, or
corporate website. The Company should include the briefing of this Code to
new officers in the induction programme.
The Board should ensure this Code permeates throughout the Company and is
complied by all levels of officers within the Group.
Violations of Code of Conduct
The Company’s officer should report to supervisors, managers, HODs or Head
of Human Resource about the known or suspected illegal or unethical
behaviour. The Company’s Executive Directors and senior management shall
promptly report any known or suspected violations of this Code to the
Board. All officers shall refer to and adhere to the Whistle Blower Policy.
The Company makes every effort to maintain the confidentiality of any
individual who reports concerns and possible misconduct. Officers who
retaliate or encourage others to do so will be subjected to disciplinary
actions, up to and including termination of employment or engagement. The
Company does not tolerate any form of retaliation against anyone who makes
a report in good faith.
The Company shall investigate reported concerns promptly and confidentially
with the highest level of professionalism and transparency. All internal
investigations and audits are conducted impartially and without
predetermined conclusions. Each and every officer shall be expected to
cooperate fully with audits, investigations and any corrective action
plans, which may include areas for continued monitoring and assessment.
Where external investigations are required, every officer shall
appropriately respond to, cooperate and shall not interfere with, any
lawful government inquiry, audit or investigation.
The Board and senior management of the Company will review the Code on an
annual basis and communicate the new changes to all levels of officers.