Good Corporate
Governance
Corporate
Governance Policy
Nova Empire Public Company Limited (“Company”) aims to be a leading and successful business organization to create long-term values to shareholders and stakeholders. To achieve such objectives, the Company studies and applies the good corporate governance principles, universal principle, and code of practice or guideline of business operation of the companies that are sustainably successful and recognizes righteousness according to applicable laws in every area where the business is operated.
The board of directors has gathered the principles of the Company’s corporate governance in this “corporate governance policy” which include structure and authority of the board of directors, respect for rights of shareholders and equality of shareholders, roles of the Company to stakeholders of the organization, the principles of information disclosure and transparency, and risk management and internal control. It is consistent with the principles of good corporate governance of listed companies according to a guideline of the Stock Exchange of Thailand and the Office of the Securities and Exchange Commission.
The board of directors as a representative of shareholders is committed to perform duties in supervising and monitoring the Company and entities within the group (“Group”) to operate businesses under the Company’s corporate governance principle. The executives and employees will implement it in support of the decision and definition of policy or other code of practices for sustainable growth of the Company.
Business Ethics
Code of Ethics are important principles and code of practices for executives, employees to cling to and promote persons related to the Company to comply in the same way with directors as a good example. When everyone in the organization act in a unidirectional manner, it will reflect corporate governance of the Company as a guideline for making the organization to sustainably grow.
Directors, executives and all employees are obliged to comply with this business ethic instruction and do a self-review if they act in consistence with the Code of Ethics. They also have duty to report an incident of violation or noncompliance with the Code of Ethics via specified channels.
Anti-Corruption
The Company has established an anti-corruption policy to express the Company’s intention to fight against all forms of corruption, including to create knowledge, understanding, and guidelines for compliance with the anti-corruption policy for directors, executives, and employees at all levels. In addition, the Company has a plan to join the coalition and receive certification as an anti-corruption organization of the Thai private sector from the Private Sector Collective Action Against Corruption Commission (CAC). The Company has declared its intention to join the CAC in 2025.
Whistleblowing
The board of directors determine the whistleblower policy (“Policy”) to protect all related persons including whistleblowers, informants, persons being complained, any persons providing aid in any session. The provided complaint or whistleblowing channels are convenient, safe and contain transparent and reliable processes to suppress any misconduct and fraud that may happen in the Company and consortium and to be an instrument of management in detecting any corrupted acts or misconduct and minimizing damages from such misconduct or corruption.
The informants can make a complaint or give a clue about misconduct and fraud through different channels as they see fit as follows
- Inform a reliable supervisor (at all levels)
- Send an email to the audit committee chairman [email protected]
- Send a letter to the audit committee chairman to following address
Nova Empire Public Company Limited
No. 88 Soi Bangna-Trad 30, Theprattana Road, Bangna Tai, Bangna Bangkok 10260
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