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Corporate Governance > Company's Policies > Supplier and Contractor Policy

Supplier and Contractor Policy

The Company’s Supplier and Contractor Policy upholds accountability, integrity, fairness and transparency in its business dealings with suppliers and contractors in the procurement of goods and services. It shall seek the best value for money without compromising the quality standards and business ethics set by the Company.

 

The Company’s quality policy for procurement activities ensure competitive sourcing and pricing of highest quality of goods and services to support the Company’s objectives. It shall assess,  select and evaluate suppliers and contractors based on the standards of quality, expertise, track record, competitive pricing, delivery timeframe and customer service. Suppliers and contractors shall also be screened based on their observance or adherence to legal and regulatory standards, as well as social, labor and ‘green’ practices. It shall favor suppliers and contractors that observe and respect the Company’s Code of Conduct.