CORPORATE GOVERNANCE

CORPORATE GOVERNANCE POLICY

With reference to the Corporate Governance Code (the “CG Code”) 2017 developed by the Securities and Exchange Commission as practice principles for the board of directors of the listed companies to ensure long-term good performance and returns while maintaining business ethics and integrity as well as creating long-term sustainable business value for shareholders and all stakeholders which basically the expectations of business sector, investors, the capital market and the society at large.

The Board of Directors put priority on development and implementation of the good corporate governance principles. The Company, thus, has stipulated the corporate governance principles and encourage all business parties to apply and put all eight (8) corporate governance principles into practice.