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Corporate Governance

At Saudee, we acknowledge the importance of good corporate governance (CG) in protecting and enhancing the interest of shareholders. As such, we conscientiously strives to attain high business ethics and governance in conducting the day-to-day business affairs of the Group, in order to build a sustainable business and discharging its regulatory role. We believe that good CG adds value to the business and plays an active role in guiding the management through its oversight review while at the same time steer the Group’s business direction and strategy.

The Board will ensure that this practice continues by determining an action plan which includes reviewing of the identified CG practices, setting the appropriate timeframe in the CG activities and preparing disclosures on the company’s practices to ensure they are implemented in substance to achieve the intended outcomes of building a good corporate governance culture throughout the Group.

Whistleblowing Policy

Saudee is committed to achieve and maintain the highest standards of integrity, openness, probity and accountability in the conduct of its businesses and operations. It aspires to conduct its affairs in an ethical, responsible and transparent manner. We recognise that it requires courage and personal quality such as righteousness, loyalty and impeccable integrity for an employee to step out and blow the whistle.

Saudee wishes to assure the safety and confidentiality of the whistleblower, and therefore undertakes to treat all allegations in a confidential and sensitive manner. All concerns raised will be treated fairly, properly and confidentially.