ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
B.3.1

Does the company have policies and/or rules prohibiting directors/commissioners and employees to benefit from knowledge which is not generally available to the market?

Response

YES. The Company has an Insider Trading Policy which prohibits directors and employees (covered persons)  who have knowledge of material information concerning the Company, which have not been disclosed to the public, including any information likely to affect the market price of the Company’s shares of stock, from trading the Company shares.  

The Policy was discussed with directors and other covered persons immediately after its approval.  The Compliance Officer closely monitors the trading activities of the covered persons to ensure full implementation of the policy.


References:

1. Company website - Corporate Governance - Company Policy, Insider Trading Policy

2. PSE EDGE Disclosure - Board Meeting Results (posted on May 16, 2014)

3. 2015 Annual Report, Page 105

 

Office of the Chief Compliance Officer
Tel. (632) 888 3000
Fax. (632) 816 7362
Email: dmcihicorpgov@gmail.com