Our Operations During the Movement Control Order.

Supplier Code of Conduct

The Supplier Code is intended to set out the principles and behavioural standards expected by Danajamin on contractors, vendors, consultants or other third parties engaged by Danajamin (“Suppliers”), to ensure a sustainable business relationship. This is important as Danajamin believes that conducting all of its business affairs and relationships in a fair, transparent and professional way is integral towards maintaining trust and confidence in Danajamin by our stakeholders.

As business partners, Suppliers must demonstrate the highest standards of business conduct, integrity and adherence to the law.
  1. Ethical Business Practises
Policy on Anti-Bribery and Anti-Corruption (“ABC Policy”)
Danajamin practices a zero tolerance approach against all forms of bribery and corruption. Suppliers are expected to comply with all applicable laws relating to anti-bribery and corruption. In this regard, suppliers must not offer, promise, authorise, give, receive or agree to accept any form of gratification (per the Malaysian Anti-Corruption Commission Act 2009 and its 2018 amendment) and should not force or coerce employees into receiving any form of bribes through the letters’ demands. Suppliers must require their agents or sub-contractors to comply with the foregoing requirements.

No-Gift Policy
Suppliers are not permitted to offer or give, solicit or accept any gifts regardless of the amount or value. Gifts include cash, cash equivalents (e.g. shopping vouchers or meal vouchers, flight tickets, tickets to events), goods (e.g. festive gifts) and any discounts on any goods or services.

Where hospitality is given or offered by the suppliers or by employees of Danajamin, it must be reasonable and justifiable (instead of lavish and extraordinary), with nothing specifically is or to be expected in return and not done with the intention of influencing anyone to give or obtain any business advantage. This is to avoid anything that could be seen as improper influence even if the value of the hospitality is low in order to protect the integrity and transparency of our business relationships.

By way of example, hospitality includes meals and entertainment such as attendance at social, cultural or sporting events. Please refer to our No-Gift Policy.

Conflicts of Interest
Suppliers should recognise and avoid conflicts of interest and must:
  • Never put themselves in a position in which personal interests, financial or otherwise, might influence or give the appearance of influencing any action taken, judgment made or advice given on behalf of Danajamin; and
  • All business decisions and actions must be based on the best interest of Danajamin and not motivated by personal consideration or relationship.
  1. Confidentiality
Suppliers must safeguard all confidential information, obtained directly or indirectly from Danajamin.

The Suppliers must not use the confidential information for personal gain or disclose any confidential information to unauthorised recipients or in breach of any confidentiality agreement entered into with Danajamin.

The Suppliers must treat all confidential information as “strictly private and confidential” and must not divulge such information to any one unless required by law or authorised by Danajamin.
  1. Compliance of all laws and regulations including Anti-Money Laundering & Terrorist Financing
Suppliers are expected to not knowingly engage or attempt to engage in any transaction involving proceeds derived from any unlawful activity and not have dealings with individuals and companies who are subject to international economic sanctions and are expected to comply with all applicable laws and regulations.Consequences of a breach of this policy may result in termination of contract.
Reporting Unethical Behaviour
Danajamin expects Suppliers to be vigilant about any wrongdoings or improprieties noted and to report to Danajamin at whistleblowing@danajamin.com. For more details, please refer to the Whistleblower Policy & Procedure.
Back to Corporate Governance