Governance
Governance Sustainability Goals
Zero tolerance to bribery or corruption
Achieved zero bribery or corruption cases in FYE2022
Maintain all manufacturing factories certified with ISO 9001 Quality Management System
We are certified with ISO 9001:2015
Maintain all manufacturing factories certified with ISO 13485 Quality Management System (Medical Devices)
We are certified with ISO 13485:2016
In leading corporate governance, the Board of Directors (“Board”) of Hexcare is tasked with this pivotal role of directing the principles of transparency, fairness, ethical behavior and risk management in the Company and within the Group. Where there was no women representative on the Board’s Executive Committee in the financial year 2022, the Company had rectified this by appointing two new female members to the Board and Executive Committees on 1st January 2023. Hexcare’s corporate governance practices and applications have been detailed in our Corporate Governance Report uploaded on Bursa Securities and also in our Corporate Governance Overview Statement published in this Annual Report. The Board and Management of Hexcare are likewise guided by the principles and values of the latest Malaysian Code on Corporate Governance (MCCG) 2021 in the conduct of our businesses.
| Description / Years | FYE2022 | FYE2023 | ||
| Count | % | Count | % | |
| Women on the Executive Committee | 0 | 0 | 2 | 29 |
Some of the Group’s Human Resource Policies that are currently in place include:
Whistleblowing Policy
• For every disclosure made in good faith, all concerns or complaints raised will be treated fairly and with confidentially in order to protect the whistleblower.
• Investigation will be conducted in-house or externally by any regulatory agency or authority, and appropriate disciplinary actions will be taken, if applicable. For the year under review, we recorded zero whistleblowing cases.
Code of Conduct & Ethics
• Violating the Code may subject an employee to a poor or unsatisfactory performance review, disciplinary action, including immediate termination, and/or legal actions.
• All applicable laws, rules, and regulations must be adhered to accordingly and always following the higher standard.
Anti Corruption and Bribery Policy
• Hexcare has zero tolerance for any form of corruption or bribery activities and is committed to acting professionally, fairly and with integrity in all business dealings and relationships, whether locally or overseas.
• Giving and/or receiving gifts as well as facilitation payments are prohibited.
These policies are published on this website, under Investor Relations/Corporate Governance and are available in both English and Malay, for the accessibility and convenience of our employees. We are pleased to report that there were no incidences of disciplinary actions or dismissals of employees due to any violations of the above practices in FYE2022.
The table below outlines the attendance of the Directors and Committee members at Company meetings throughout the year 2022:
| Name | Board of Directors | Audit Committee | Nomination Committee | Remuneration Committee | ||||
| Number | Rate | Number | Rate | Number | Rate | Number | Rate | |
| Independent Non-Executive Directors | ||||||||
| Liew Jee Min @ Chong Jee Min | 4 | 4/4 | 5 | 5/5 | 1 | 1/1 | 1 | 1/1 |
| Dato’ Chan Choun Sien | 4 | 4/4 | 5 | 5/5 | 1 | 1/1 | 1 | 1/1 |
| Dato’ Mohamed Bin Hamzah | 4 | 4/4 | 5 | 5/5 | 1 | 1/1 | 1 | 1/1 |
| Non-Independent Non-Executive Directors | ||||||||
| Dato Ong Choo Meng | 4 | 4/4 | ||||||
| Managing Director | ||||||||
| Khoo Chin Leng | 4 | 4/4 | ||||||
| Executive Directors | ||||||||
| Goh Hsu-Ming | 4 | 4/4 | ||||||
| Lim Chee Lip | 4 | 4/4 | ||||||
| Total number of meeting for FY2022 | 4 | 5 | 1 | 1 | ||||
# The Nomination Committee and Remuneration Committees of Hexcare have merged on 1st January 2023, and is now known as the Nomination & Remuneration Committee