ASEAN Corporate Governance Scorecard


Does the company disclose a policy that describes how creditors' rights are safeguarded?


YES.  Our Safeguarding  Creditors' Rights Policy is disclosed and posted in our website and PSE EDGE Disclosure.

The Company seeks to manage its liquidity profile to be able to service its maturing debts and to finance capital requirements. The Company maintains a level of cash and cash equivalents deemed sufficient to finance operations.

A significant part of the Company’s financial assets that are held to meet the cash outflows include cash equivalents and accounts receivables. Although accounts receivables are contractually collectible on a short-term basis, the Company expects continuous cash inflows. In addition, although the Company’s short-term deposits are collectible at a short notice, the deposit base is stable over the long term as deposit rollovers and new deposits can offset cash outflows.



1. Website - Corporate Governance/Company Policies/Safeguarding the Creditors’ Rights

2. PSE EDGE Disclosure - May 14, 2015

3. 2015 Annual Report, Page 112

4. 2015 Consolidated Changes to the Annual Corporate Governance Report


Office of the Chief Compliance Officer
Tel. (632) 888 3000
Fax. (632) 816 7362