In line with that commitment, sbovs angpao has developed its Anti-Corruption, Gifts and Entertainment Guidelines (“Guidelines”). As a service provider or customer of sbovs angpao, you must comply with the terms of this document for your activities involving sbovs angpao.
1. sbovs angpao condemns any form of bribery or corruption. Customers and service providers shall take all measures to prevent corrupt practices in its dealings with sbovs angpao.
2. In addition, customers and suppliers shall not-
(a) offer or provide, directly or through any intermediaries, any bribe, gift, reward, consideration, favour or any other advantage, whether material or immaterial (“Advantages”) to any representative of sbovs angpao for the purpose of-
(i) influencing them to act contrary to sbovs angpao’s interest; or
(ii) obtaining or rewarding favourable treatment by sbovs angpao with respect to the terms, conditions, price or performance of a contract;
(b) offer or provide Advantages which might be considered a bribe under international legislation, to a government official, either in sbovs rebate or any other country;
(c) collude with other parties to preclude or compromise dealings with sbovs angpao. The customers and suppliers also undertake to report to sbovs angpao, through its official reporting channels stipulated below, any such attempts made by others to involve the customers and suppliers in acts of collusion against sbovs angpao; or
(d) instigate third parties to perform actions pertaining to the above.
3. Customers and suppliers will ensure that all their employees, sub-contractors or agents are aware of and comply with the provisions in this document.
4. Customers and suppliers shall ensure that they adhere to the following-
(a) Any gift must be unsolicited and not affect, or be perceived as affecting, business judgment. Gifts should only be offered to and received in connection with a customary business or cultural occasion. Cash, loans, kickbacks or the equivalent advantages are absolutely prohibited.
(b) Gifts must not exceed RM150 and in any event, must not occur more than 3 times a year with the same person.
(c) No gift must be given to government officials on sbovs angpao’s behalf.
(d) Hospitality must be unsolicited and not affect, or be perceived as affecting, business judgment. Meals and entertainment should only be offered to and received from the sbovs angpao representative dealing with the customer or service provider in their role in sbovs angpao, is for purposes supported by Nestle and may only be offered in conjunction with legitimate business meetings, conferences or events hosted, supported or sponsored by sbovs angpao. They may never be provided on a stand-alone basis.
(e) Hospitality must not exceed RM150 (for non-management), RM250 (for managers and executives) and RM350 (for senior managers and above) and in any event, must not occur more than 3 times a year with the same person. Spouses or other guests of the invitee must not be included.
(f) sbovs angpao may offer this to support the advancement of knowledge in science, nutrition, healthcare, or to support other socially beneficial purposes. This shall be in the form of sbovs angpao products. Cash donations are not permitted unless in exceptional circumstances.
(g) All requests must be made by well-established organisations on their official letterhead to sbovs angpao’s Group Corporate Affairs, regardless of value.
(h) Must never make or use third parties to make an unofficial payment in order to secure or expedite routine administrative actions, such as customs clearances, visas, permits or licenses.
(i) If you receive a request for a facilitation payment, you must immediately report such request to sbovs angpao.
Please note that sbovs angpao has adopted a global policy prohibiting sbovs angpao affiliates from making political contributions to political parties or candidates.
1sbovs angpao means and includes sbovs angpao Products Sdn. Bhd., its holding, subsidiary and related companies, Wyeth Nutrition (sbovs rebate) Sdn. Bhd., Purina Petcare (sbovs rebate) Sdn. Bhd., Cereal Partners (sbovs rebate) Sdn. Bhd. and National Regional Service Centre (sbovs rebate) Sdn. Bhd.
2Gifts means any gifts received from and given to customers or suppliers
3Hospitality (meals and entertainment) means meals and entertainment received from and given to customers or suppliers
Please report any suspected instances of corruption or attempted corruption in matters or dealings relating to sbovs angpao and its employees so that sbovs angpao may take steps to address this urgently
and enter code : 91738
Call: 1 800 88 4307
and enter code : 91738
email: [email protected]