Governance
Leading with Integrity.
The heart of Ekuinas lies an unwavering commitment to robust corporate governance. By prioritising transparency, thorough due diligence, and stringent ethical standards, we uphold accountability and cultivate trust with our investors, portfolio companies, and stakeholders.
Corporate Governance Framework
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Governance Charter
As part of its commitment to best practices in corporate governance, the Board has adopted a Governance Charter that outlines the core principles guiding both the Board and the Company. The Charter reflects the key values, principles, and ethos of Ekuinas. It serves not only as a reminder of the Board’s roles and responsibilities, but also as a statement of intent — articulating the standards and expectations by which the Board will discharge its duties.
The Governance Charter covers the following key areas:
Duties and Responsibilities of the Board
Composition of the Board
Code of Conduct
Delegation of Authority
Board Committees
To assist the Board in efficient discharge of its responsibilities in providing independent oversight of the Company’s management, a number of Board Committees have been established, as set out below:
Audit and Risk Management Committee (ARMC)
Nomination and Remuneration Committee (NRC)
Investment Committee (IC)
Private Credit Committee (PCC)
CSR Committee (CSRC)
Disclosure & Compliance
Ekuiti Nasional Berhad (Ekuinas) is committed to the highest standards of integrity, accountability, and professionalism in all its business activities. Guided by ethical, responsible, and transparent practices, we reinforce our governance framework through the following policies that support the Board’s oversight role:
Disclosure Policy
At Ekuinas, we adhere to the highest standards of corporate governance and aim to adopt global best practices throughout our operations.
We also uphold global private equity best practices in ensuring fair and prompt disclosure of information with regard to all investments.
We have formulated a detailed Disclosure Policy which can be viewed here.
Anti-Bribery and Anti-Corruption
Ekuinas has adopted a zero tolerance policy towards any form of bribery and corruption.
We have established an Anti-Bribery and Anti-Corruption (ABC) Policy to aid the prevention, detection and investigation of any misconduct.
View our Fraud Prevention and Anti-Bribery Policy here.
Whistleblowing
Ekuinas has implemented a Whistleblowing Policy to provide a structured reporting channel and guidance to all employees and external parties to report instances of unethical behaviour, fraud, misconduct, bribery or violation of Ekuinas’ Code of Ethics without fear of victimisation, discrimination and/or being disadvantaged. Similar policy is established at our portfolio companies and any complaint can be reported via the appropriate channels.
Parties can report a whistleblowing complaint on any wrongdoings that they may observe and experience, including, but not limited to the following:
- Criminal offence such as fraud, corruption and theft
- Misappropriation or embezzlement of funds, securities, supplies, or other assets;
- Illicit and corrupt practices; Impropriety in handling or reporting of money or financial transactions;
- Profiteering as a result of insider knowledge;
- Financial malpractice or irregularities; Breach or violation of Ekuinas’ Code of Ethics;
- Abuse of power and position for personal gain;
- Any act that poses danger to the health, safety and lives of Ekuinas employees and/or the public or environment; or
- The deliberate concealment of any of the above matter or other acts of wrongdoings.
The report must provide full and specific information of the improper conduct and, where possible, supporting evidence in order to facilitate the investigation.
Protection
A Whistleblower will be accorded with protection under the Policy provided the disclosure is made in good faith and shall not be subject to any form of retribution, unfair dismissal, victimisation, demotion, suspension, intimidation, harassment or discrimination by the Company.Acting in Good Faith
We expect the whistleblower to act in good faith and have reasonable grounds when reporting a wrongdoing. If allegations are proven to be malicious, parties responsible may be subject to appropriate action, up to and including legal action, where applicable.How to Make a Report?
Gather Your Evidence Related to the Incident
- Nature of the improper conduct;
- The date and location of the incident;
- The identity of the alleged wrongdoer;
- and Particulars of witnesses, if any.
Report Precondition
- Report is made in good faith and have reasonable grounds;
- Full and specific information of the improper conduct is provided and, where possible, supporting evidence in order to facilitate the investigation.
Whistleblowing Channels
General Channel
Disclosure relating to Board Members or Senior Management
Audit and Risk Management Committee Chairman
[email protected]Disclosure relating to the Chairman of Ekuinas or Chairman of ARMC
Nomination and Remuneration Committee Chairman
[email protected]The full Whistleblowing policy can be downloaded here.
Code of Ethics
Ekuinas expects its service providers to embrace the spirit of Ekuinas’s commitment to integrity as set out in this Code. Ekuinas’ employees are to adhere to the Code when dealing with the Company’s service providers. This Code provides guidance to both Ekuinas’ employees and service providers on what Ekuinas believes to be sustainable business relationships based on the key principles of integrity, honesty, accountability and compliance with applicable laws and regulations.
View our Service Provider Code of Conduct here.