National interest
The Mawai is committed to benefit the economic
development of the countries in which it operates.
Mawai company shall not undertake any project or activity to
the detriment of the wider interests of the communities
in which it operates.
The company's practices and business
conduct shall benefit the country, localities and communities
in which it operates, to the extent possible and affordable,
and shall be in accordance with the laws of the land.
Mawai, in the course of its business activities,
shall respect the culture, customs and traditions of each
country and region in which it operates. It shall conform
to trade procedures, including licensing, documentation
and other necessary formalities, as applicable.
Gifts and donations
Mawai and its employees shall neither receive
nor offer or make, directly or indirectly, any illegal
payments, remuneration, gifts, donations or comparable
benefits that are intended, or perceived, to obtain
uncompetitive favors for the conduct of its business.
The company shall cooperate with governmental authorities in efforts to eliminate all forms of bribery,
fraud and corruption.
However, Mawai and its employees may, with full
disclosure, accept and offer nominal gifts, provided such
gifts are customarily given and / or are of a commemorative
nature. Each company shall have a policy to clarify its rules
and regulations on gifts and entertainment, to be used for
the guidance of its employees.
Political non-alignment
Mawai shall be committed to and support the
constitution and governance systems of the country in
which it operates.
Mawai shall not support any specific political
party or candidate for political office. The company's
conduct shall preclude any activity that could be
interpreted as mutual dependence / favor with any
political body or person, and shall not offer or give
any company funds or property as donations to any
political party, candidate or campaign.
Health, safety and environment
Mawai in the process of production and sale
of its products and services, shall strive for economic,
social and environmental sustainability.
Quality of products and services
Mawai shall be committed to supply goods
and services of world class quality standards, backed
by after–sales services consistent with the
requirements of its customers, while striving for their
total satisfaction. The quality standards of the
company's goods and services shall meet applicable
national and international standards.
Third party representation
Parties which have business dealings with the Mawai but are not members of the Group, such as
consultants, agents, sales representatives,
distributors, channel partners, contractors and
suppliers, shall not be authorized to represent Mawai without the written permission of the Mawai
company, and / or if their business conduct and
ethics are known to be inconsistent with the Code.
Third parties and their employees are expected to abide by
the Code in their interaction with, and on behalf of, Mawai
. Mawai is encouraged to sign a nondisclosure
agreement with third parties to support
confidentiality of information.
Ethical conduct
Every employee of Mawai, including full–time
directors and the chief executive, shall exhibit culturally
appropriate deportment in the countries they operate
in, and deal on behalf of the company with
professionalism, honesty and integrity, while
conforming to high moral and ethical standards. Such
conduct shall be fair and transparent and be perceived
to be so by third parties.
Conflict of Interest
Employees of Mawai shall not engage in any business, relationship or activity, which might detrimentally conflict with the interest of the company. A conflict of interest, actual or potential, may arise where, directly or indirectly.
- An employee of a Mawai engages in a business, relationship or activity with anyone who is party to a transaction with the company
- An employee is in a position to derive a personal benefit or a benefit to any of his relatives by making or influencing decisions relating to any transaction, and
- An independent judgment of the company's best interest cannot be exercised
Confidential Information
An employee of Mawai and his immediate family will not derive any benefit or assist others to derive any benefit from the access to and possession of information about the company, which is not in the public domain and thus constitutes insider information.
Insider information might include the following:
- Financial information such as profits, earnings and dividends
- Announcement of new product introductions or developments
- Major supply and delivery agreements
Protecting Company Assets
The assets of Mawai should not be misused but employed for the purpose of conducting the business for which they are duly authorized. These include tangible assets such as equipment and machinery, systems, facilities, materials, resources as well as intangible assets such as proprietary information, relationships with customers and suppliers, etc.
Integrity of Data Furnished
Every employee of Mawai shall ensure, at all times, the integrity of data or information furnished by him to the company.
Reporting Concern
Every employee of Mawai shall promptly report to the management any actual or possible violation of the code or an event he becomes aware of that could affect the business or reputation of his company.