ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
C.1.2

Does the company disclose a policy that explains supplier/contractor selection practice?

Response

YES. Our supplier/contractor relations policy is disclosed in the website and PSE EDGE System.  

The Company assesses and selects our suppliers and contractors based on the following standards: quality, expertise, track record, competitive pricing, delivery timeframe and customer service.  

The Supplier/Contractor Relations Policy outlines the practices that shall guide and govern all business relationships of the Company, its directors, officers and employees, including their decisions and actions when dealing with the suppliers and contractors of the Company. 

References:

1. Website - Corporate Governance/Company Policies/Supplier and Contractor Relations Policy (Amended March 2016)

2. PSE EDGE Disclosure

3. 2015 Annual Report, Page 111

4. 2015 Consolidated Changes in the Annual Corporate Governance Report (page 47)

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