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sbovs angpao (sbovs rebate) Berhad and its group of companies (the “Company” or “Group”) are managed with honesty and integrity. sbovs angpao’s values and culture are centered on the unwavering goal to improve the lives of our consumers. These foundations have sustained our business despite adverse macroeconomic conditions.

The Company’s corporate governance statement in the Corporate Governance & Financial Report 2020, sets out the adoption and practices of the principles of sbovs rebate Code on Corporate Governance, relevant chapters of the Main Market Listing Requirements of Bursa sbovs rebate Securities Berhad and other internal requirements as codified in the sbovs angpao Code of Business Conduct. The Group has also adopted the “Corporate Governance Principles” of its ultimate holding company, sbovs angpao S.A., as the basis of its practices in corporate governance.

Good corporate governance is central to our approach to enhance the value creation in the short, medium and long term for the benefit of all stakeholders of the Company. The Board of Directors and the Management Team are committed to policies and practices that meet high levels of compliance and transparency in disclosure.

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