The Code of Business Conduct and Ethics for Employees (“Code”) establishes the fundamental principles of ethical and professional conduct expected of all employees (including directors) of the Group.
All employees are expected to conduct themselves with honesty, integrity and professionalism in the course of work and business activities.
Employees must comply with all applicable laws, regulations and internal policies in the course of their duties.
Where situations arise that are not specifically covered by this policy, employees are expected to exercise sound judgment and seek guidance from their direct superiors and/ or other senior personnel if necessary.
The Group is committed to maintaining a respectful, professional, and inclusive workplace environment.
Employees must treat colleagues, tenants, customers, suppliers, and other stakeholders with respect and dignity.
The Group does not tolerate any form of harassment, discrimination, bullying, or inappropriate behaviour in the workplace.
Employees must also respect the confidentiality of personal information relating to colleagues and other stakeholders.
Employees must avoid situations where their personal interests conflict, or appear to conflict, with the interests of the Group.
Employees must disclose any actual or potential conflict of interest to their supervisors or the Human Resources Department.
Examples of conflicts of interest may include:
The HR Department (in consultation with the Finance Department) shall determine employees whose position, job responsibilities and relationships that could give rise to conflict of interest and require these employees to make an annual conflict of interest declaration.
Employees must not solicit or accept gifts, entertainment, or benefits that may influence, or appear to influence, business decisions.
Employees may accept modest business-related hospitality or token gifts where the value is reasonable and does not create an obligation or conflict of interest.
Any gifts of significant value should be declared to the Human Resources Department.
Gifts or entertainment offered must be in good taste and not of excessive value, as determined by accepted business practices.
The Company prohibits the giving and receiving of bribery to obtain or retain business, or obtain or help others to obtain an unfair business advantage. Any employee guilty of bribery or corruption shall be subject to severe disciplinary action and may also be prosecuted under anti-corruption laws.
Employees are responsible for safeguarding the Group’s assets and ensuring that they are used only for legitimate business purposes.
Employees must also protect confidential information relating to the Group, its landlords and tenants, customers, suppliers, and business partners.
Confidential information must not be disclosed to any external party without proper authorisation. Employees must maintain the confidentiality of business information (including strategies and implementation plans) both during and after employment with the Group.
The Group’s accounting and business records must always be prepared with accuracy and reliability. No information on any record or document is to be tampered with or falsified.
Proper records and accounts of each Group entity shall be retained for at least 5 years or the minimum number of years according to local laws and regulations, whichever is longer.
Any employee who compromises or violates the provisions of this Code may be subject to disciplinary action, including termination of employment.
Examples of conduct that may result in disciplinary and/ or legal actions include:
Employees are encouraged to report any suspected violations of this Policy, applicable laws, or Company policies.
Reports may be made to:
All reports will be treated with strictest confidentiality.
The Group prohibits retaliation against individuals who report concerns in good faith.
