First Resources Limited is committed to maintaining high standards of corporate governance through transparency and effective disclosures. The Board and Management have used their best endeavours to align the Company's governance framework with the recommendations of the Code of Corporate Governance 2012. The Board is pleased to inform that the Company is substantially in compliance with the 2012 CG Code.


First Resources shares the Company's main corporate governance practices in our latest Corporate Governance Report.


Membership of the principal Board Committees is currently as follows:-


Name Board Audit
Committee
Nominating
Committee
Renumeration
Committee
Lim Ming Seong
Chairman and Independent Director
-
Chairman
-
Ciliandra Fangiono
Executive Director
-
Member
-
Fang Zhixiang
Executive Director
-
-
-
Teng Cheong Kwee
Independent Director
Chairman
-
Member
Hee Theng Fong
Independent Director
Member
-
-
Ong Beng Kee
Independent Director
Member
-
Member
Ng Shin Ein Independent Director -
Member
Chairman
Tan Seow Kheng
Non Executive and Non Independent Director
Member - -


Code of Conduct


The Company has a Code of Conduct which serves as a general guideline for Management and employees in conducting their duties and responsibilities ethically. It outlines corporate values and ethical standards which are in line with the Group’s vision and mission. Areas covered under the Code of Conduct include professionalism and work ethics, conflict of interest, political impartiality, anti-corruption and zero tolerance on fraud. All our employees will have to comply with applicable country laws, regulations and legal requirements. Any breach of the Code of Conduct can result in disciplinary action in accordance with the prevailing laws and regulations as well as termination of employment. The Code of Conduct is disseminated to employees, suppliers and other business partners.


Whistle-Blowing Policy


The Group has put in place a whistle-blowing policy, endorsed by the Audit Committee, which provides for a mechanism by which employees and other persons may, in confidence, raise concerns about possible unethical conduct and improprieties in financial reporting or other matters without fear of reprisal or concerns. All information received will be treated with confidentiality and anonymous reporting is accepted. Concerns raised are objectively assessed and independently investigated and where appropriate, follow-up remedial and corrective actions will be taken. Whistle blowing matters, where substantiated and material, are reported to the Audit Committee. The Audit Committee ensures that independent investigations and any appropriate follow-up actions are carried out. Details of this policy, including the different modes of reporting via an internal compliance hotline and email address, have been disseminated and made available to all employees.




 
Corporate Profile

  

Vision, Mission & Values

  

Our Strategy

  

Board of Directors

  

Corporate Governance