Procedure, Purpose & Scope

TSF is committed to strong corporate governance and promotes an open and transparent culture, where employees, vendors, clients and other stakeholders are provided an avenue to express concerns on any serious wrongdoing/malpractice in particular in relation to fraud, controls and ethics.

This Policy aims to achieve the following:-
a). Establish a trusted avenue for employees, vendors, clients and external stakeholders to report serious wrongdoings or concerns without fear of reprisals when whistleblowing in good faith.
b). Ensure arrangements are in place to facilitate independent investigation of the reported concern and appropriate follow-up actions will be taken.
c). Encourage employees to raise concerns at an early stage to an internal authority so that actions could be taken immediately to resolve them.

Wrongdoings may include, but are not limited to, the following:
a). General malpractice such as immoral, illegal or unethical conduct.
b). Potential infractions of Code of Conduct.
c). Impropriety, corruption, acts of fraud, theft and/or misuse of TSF's properties, corruption, acts of fraud.
d). Any other serious improper matters which may cause financial or non-financial loss to TSF or damage TSF's reputation.

Channels to Raise Concern

The individual can e-mail the concern to the Audit Committee Chairman via email The individual is encouraged to identify himself/herself and provide relevant contact details in case further clarification or information is required. To enable investigation of the concern, the individual should provide details such as parties involved, date and time of incident, description of incident and evidence or any other information to substantiate the concern.

All concerns raised will be independently reviewed by the Audit Committee. All information provided will be kept strictly confidential.