CORPORATEGOVERNANCE
REPORT
Sustainability
TheCompanyhas aCodeof
Conduct andGift Policywhich
has been adopted since2014 to
regulate theethical conduct of its
employees. TheCodeof Conduct
alsoextends toDirectors of the
Company and all consultants and
agents engagedby theGroup for
thepurposeof representing the
Group incertain areas ofworks.
Whistle-blowingPolicy
TheCompanyhas inplace
aWhistle-blowingPolicy to
promote thehighest standard
ofwork ethics and toeliminate
unethical, illegal, corrupt and
wasteful behavior and acts. The
policyprovides an independent
feedback channel throughwhich
matters of concern about possible
improprieties inmatters of financial
reporting, fraudulent behaviour
andothermattersmaybe raised
by employees and anyother
persons directly to anyACmember
inconfidence and ingood faith
without fear of reprisals.
ThePolicy establishes the
processes bywhichwhistleblowing
complaints arehandled and
theconfidentiality and identityof
thewhistleblower ismaintained
andprotected.
EYhas confirmed that they are
registeredwith theAccounting and
CorporateRegulatoryAuthority.
TheCompanyhas compliedwith
Rule 712 and 715of the Listing
Manual of the SGX-ST
in relation to the appointment
of auditors. Accordingly, the
AChas recommended to the
Board thenominationof EY for
re-appointment as external
auditor at the forthcomingAGM.
TheAChas reviewed the
key auditmatters disclosed in
the independent external auditor’s
report and is of the view that
there is nomaterial inconsistency
between the audit procedures
adoptedby the independent
external auditor andManagement’s
assessment.
Noneof theACmemberswere
previous partners or directors of
theexisting auditingfirmwithin
theprevious 12months and that
noneof theACmembers hold
any financial interest in the
auditingfirm.
BAKER
Technology
L IMI TED
THE BE ST
I N US
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