ANTI-BRIBERY AND ANTI-CORRUPTION (“ABAC”) POLICY STATEMENT

GLENMARIE PROPERTIES SDN BHD (GPSB) adopts a zero-tolerance approach to any form of bribery and corruption. GPSB is fully committed to upholding the highest standards of ethics, integrity, and accountability in all GPSB’s businesses and operational activities by:

1. Prohibiting the Board of Directors, Senior Management, employees, and business associates from being involved or engaged in any act of bribery and corruption.
   
   
2. Complying with all applicable anti-bribery and anti-corruption laws and regulations, which may include, but not limited to the Malaysian Anti-Corruption Commission Act, 2009 (Act 694) and amendments.
   
   
3. Establishing, implementing, maintaining, reviewing, and continuously improving anti-bribery and anti-corruption management systems in GPSB.
   
   
4. Satisfying the requirements of the GPSB’s anti-bribery and anti-corruption management systems that have been set.
   
   
5. Establishing and maintaining an independent anti-bribery and anti-corruption compliance function in GPSB with the responsibility and authority to oversee the design and implementation of the GPSB’s anti-bribery and anti-corruption management systems.
   
   
6. Encouraging any person to report in good faith or on the basis of a reasonable belief, any suspected, attempted, or actual bribery, corruption, and other improper conduct through the GPSB’s whistleblowing channels.

 

This Statement reflects our commitment to prevent, detect, and respond to any form of bribery and corruption while conducting businesses and operations. The Board of Directors, Top Management, employees, as well as business associates shall read, understand, and comply with the GPSB’s Anti-Bribery and Anti-Corruption Policy. Any breach or violation to this Policy shall be subjected to disciplinary and/or legal action.