Following the recent updates and amendments made to the Malaysian Anti-Corruption (“MACC”) Act 2009, the MACC Amendment Act 2018 and gazette on 4th May 2018, a Company and/or its Director, Controller, Officers or Partner of a body corporate can be liable for the act of giving or receiving a bribe. The offence is punishable no less than RM1,000,000.00 or imprisonment of 20 years and/or both.

In light of changes made to the MACC Act and seriousness of the offence introduced by latest amendment by the MACC (Amendment) Act 2018, Sunmaju Sdn Bhd and all its subsidiary companies (“the Company”), has established its Anti-Bribery and Anti-Corruption Policy. This policy applies equally to its business dealings with commercial (private sector) and government (public sector) entities. This may include clients, joint venture partners, outsourcing providers, contractors, consultants, subcontractors, suppliers, vendors, advisers, agents, distributors, representatives and investors (collectively referred as “Business Associates”).

As part of the Company’s commitment to combat bribery and corruption, the Company expects all Business Associates to contractually agree to refrain from bribery and corruption. If suspicion of bribery and corruption arises in dealings with any Business Associate, the Company shall seek an alternative provider of the services/goods.

The validity and performance of this Declaration shall be governed by the laws of Malaysia and the parties hereby submit to the exclusive jurisdiction of the Malaysia court for the purpose of any suit, action or other proceedings arising out of this Declaration.