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Corporate Governance > Company's Policies > Safeguarding Creditors' Rights Policy

Safeguarding Creditors' Rights Policy

It is the Company's policy to support strategic partnerships with suppliers, creditors and other business partners with honoring commitments to agreements and timely payments of contracted obligations. Moreover, the Code of Conduct promotes fair dealings with creditors and business partners including observance of confidentiality of proprietary non-public information such as contract terms of bids, that might either be harmful to its suppliers, creditors and business partners or of use to their business competitors.

 

It is the Company's policy to do business with recognized credit-worthy third parties. The Company shall honor all debt covenants and issue guarantees and collaterals as appropriate.