Avarga Limited is committed to high standards of corporate governance within the Group.  We adopt the corporate governance practices contained in the revised Code of Corporate Governance 2012 issued by the Monetary Authority of Singapore on 2 May 2012, which came into effect on 1 November 2012.

We believe that good corporate governance establishes and maintains an ethical environment within the Group, which serves the interests of all shareholders.

Code of Conduct Whistle Blowing Policy
1.  Introduction

1.1  Avarga Limited and its subsidiaries (“the Group”) adopts a Code of Conduct (“the Code”) that applies to all employees. The Code sets out the principles and standards of behaviour to guide employees in carrying out their duties and responsibilities. We expect the highest standards of personal and corporate integrity when dealing with customers, suppliers, business associates, other employees and the community.

1.2 It is the responsibility of every employees to comply with the spirit and principles of the Code.

2.  Adherence to Law

2.1  In addition to the Code, employees are expected to comply with all laws, regulations and legal requirements applicable to the different jurisdictions where it operates.

3.  Job Performance

3.1  The Group is committed to providing quality products and services to all customers, and every employee has an important role to play. Employees are expected to get to work on time, be self-directed, have initiative, have a positive attitude with fellow workers and the customers.

3.2  They are required to perform tasks assigned in a responsible and reliable manner and to manage time at work efficiently, without wasting company time and resources by taking part in unauthorised activities including, but not limited, to trading, gambling or political activities on the premises.

*You can download the complete report here.

  1.  Introduction

1.1  Avarga Limited and its subsidiaries (“the Group”) are committed to a high standard of compliance with accounting, financial reporting, internal controls, corporate governance and auditing requirements and any legislation relating thereto. In line with this commitment, the Whistle Blowing Policy (“Policy”) aims to provide an avenue for employees and external parties to raise concerns and offer reassurance that they will be protected from reprisals or victimization for whistle blowing in good faith.

1.2  The Policy is intended to conform to the guidance set out in the Code of Corporate Governance which encourages employees to raise concerns, in confidence, about possible irregularities.

2.  Who is covered by this Policy

2.1  This Policy applies to all employees of the Group.

3.  Objectives of this policy

3.1  Deter wrongdoing and to promote standards of good corporate practices.

3.2  Provision of proper avenues for employees to raise concerns about actual or suspected improprieties in matters of financial reporting or other matters and receive feedback on any action taken.

3.3  Give employees the assurance that they will be protected from reprisals or victimization for whistle blowing in good faith.

*You can download the complete report here.

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