Dagang NeXchange Berhad (“DNeX”) and its subsidiaries (collectively known as “DNeX Group or “Group”) is committed for the development and establishment of framework, policies and procedures guiding the conduct of our businesses with honesty, fairness and high ethical standards and not allowing certain types of behavior contrary to commercial integrity which would put the Group’s reputation at risk.
Thus, the Group has established the ABAC that defines the main guidelines for the detection and prevention of fraudulent behaviours. The Group prohibits any type of corruption and bribery such as promising, offering, giving or accepting any incentive or advantage of any nature, directly or indirectly, in order to influence any type of decision that may result in an undue benefit to the Group.
The objectives of the ABAC are:
- To ensure the policies and guidelines/ practices are oriented towards embedding ABAC stance organisation wide, with guidance from Guideline on Adequate Procedures and requirements of Malaysian Anti-Corruption Commission (“MACC”) Act 2009, introduced via Section 4 of the MACC (Amendment) Act 2018;
- To ensure adequate and standardised ABAC policies and guidelines are consistently applied throughout the Group by all staff; and
- To ensure that business operations within the Group are strictly adhering to the ABAC.
All Directors (executive and non-executive), employees and all vendors or agents, customers, business partners, public officials and others who are performing work or services, for and on behalf of DNeX Group shall comply with the rules and guidelines described in this framework and policy and must avoid any behaviour, situation or activity that would breach them.
The key features of the ABAC are: