Anti-Bribery and Corruption Policy

We adopt a clear zero-tolerance policy in the event of bribery or corruption. In this regard, Timberwell Berhad ("TWB") has in place an Anti-Bribery and Corruption Policy, which covers the areas of bribery, gifts and business courtesies, events and arrangements, facilitation payment, offering of gifts and arrangements for public authorities.

No Gift Policy

Our No Gift Policy is established to avoid actual or perceived conflict of interest in any ongoing or potential business dealings and decision making, and to demonstrate our commitment to the highest standards of ethics and integrity.

The policy prohibits employees to receive gifts or asking for (soliciting) gifts from external parties including customers, business partners, suppliers, regulators, and government officers. The policy covers all types of gifts, in the form of cash or cash equivalent, including gift certificates, loans, commissions, discounts, services, advantage or any other benefit which is not extended to all employees of MB.

However, corporate gift and souvenirs which are given out of hospitality are exempted if the following criteria are met:

• The items are attached with company logo.


• The items are given at the following types of event:
  • Open to public (e.g. job fair, trade events, conference, etc); or
  • By invitation where the invitation is not exclusive to one organisation or person and participation is transparent (e.g. industry meeting, event, Annual General Meeting, etc.)


• The items are not concealed.


• The items are given equally to all participa s attending the event without discrimination.