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CHAIRMAN’S DELIVERING MSM MANAGEMENT DISCUSSION GROUP FINANCIAL
STATEMENT VALUE OVERVIEW & ANALYSIS REPORT

INTERNAL POLICIES,

PROCEDuRES AND GuIDELINES

a) Establishment of MSM Group’s Limit of Authorities (LOA).

b) Revision of Financial Closing and Reporting Requirement Policy, Investment Policy and Property, Plant and Equipment Policy
c) Establishment of Anti-Bribery Policy Statement

• The Anti-Bribery Policy Statement has been approved on 15 June 2020 (revised on 05 March 2021) and been
uploaded in the web (http://www.msmsugar.com/our-company/corporate-governance).

• The policies involved as follows:
Whistleblowing Policy (WB)
120 Asset/Personal Declaration Interest Policy (APID)
External Gift, Entertainment and Hospitality Policy (External GEH)
MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
Sponsorship and Donation Policy
Code of Business Conduct Ethics for Employees (COBCE)

d) Adequate procedure
Education and awareness programme

The education and awareness programme has been conducted starting March, 2020 until July, 2020 in which the scope of
training covered the following:
• Understanding on Corporate Liability (Latest MACC (Amendment) Act 2018 Section 17A)

• Understanding Guidelines on Adequate Procedures
• Whistleblowing

• ISO 37001 Anti-Bribery Management System