Corporate Governance

Code of Conduct


The Code of Business Ethics provides guidance to the Board of Directors and employees of Tiong Nam Logistics Holdings Berhad (“TNLHB”) on the expected behaviour and key principles in creating sustainable business relationships, acting with integrity, honesty, accountability and professionally, and to comply with applicable laws and regulations. This Code of Conduct & Ethics is applicable to all our employees and its connected person(s).

The “Connected Person(s)” means the following persons:

  • Spouse, parent, brother, sister, child or step-child.
  • A body corporate with which the employee is associated.
  • A person acting as the Trustee of any trust, the beneficiaries of which includes the employee or the body corporate above.
  • A person acting as a partner or any person who by virtue is connected with the employee.


Guidelines for Conduct
Every employee shall use due care in the performance of his/her duties, be loyal to the Company and act in good faith and in a manner, he/ she reasonably believes to be in and / or not opposed to the best interests of the Company.


Conflicts of Interest
Employees must avoid conflict of interest between their private interest and their duty to the Company.

An employee who has an actual or potential conflict of interest must disclose to the Managing Director the existence and nature of the actual or potential conflict of interest and all facts known to him/her regarding the transaction that may be material to judgment whether to proceed with the transaction or not. The Managing Director may proceed with the transaction only after receiving approval from the Board.


Gifts and Entertainment
When acting on behalf of the Company, employees should never request gifts, entertainment or any other business courtesies from people doing business with the Company (including suppliers, customers, competitors, contractors and consultants).

Unsolicited gifts are permissible if they are customary and commonly accepted business courtesies; not excessive in value; and given and accepted without an express or implied understanding that the employee is in any way obligated by acceptance of the gift.

Only in exceptional circumstances does the Company allow the acceptance of certain Gifts and/or Hospitality to support business relationships. These require a strict process of approvals by the Board. Gifts and/or Hospitality must never influence business decisions or cause others to perceive an influence.

Meals in the ordinary course of business and infrequent meals and entertainment, such as cultural or sporting events, that are attended by both the employee and the giver are not considered gifts.

Gifts of cash or cash equivalents (including gift certificates, securities, below-market loans, etc.) of any amount are prohibited.


Company Property
Employees have responsibility to safeguard and properly use Company’s assets and resources, as well as assets of other organizations that have been entrusted to the Company. Except as specifically authorized, Company assets, including Company equipment, materials, resources and proprietary information, must be used for Company business purposes only.

Fraud, theft, abuse or misuse of the Company’s assets is unacceptable.


Confidential Information
Employees shall maintain confidentiality of information entrusted to them by the Company. The Company’s confidential and proprietary information shall not be inappropriately disclosed or used for personal gain or advantage of the employee or anyone other than the Company.


Fair Dealing
Employees shall endeavor to deal fairly with the Company’s Customers, Suppliers, Competitors, Contractors, Consultants and Service Provider and shall never take unfair advantage of others through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other unfair dealing practice.


Compliance with Laws and Regulations
The Company is committed to comply with all laws, rules and regulations that govern the conduct of our business. All employees must ensure compliance with all laws, rules and regulations governing the business of the Company.


Method of reporting a Violation of The Code of Conduct & Ethics
We encourage employee to report any violation of the code business ethics and it will protect you against any retaliation. You can report a non-compliance allegation or concern to your Manager/ Superior.

If you prefer to report confidentially, you can direct email to
The contact details of the Chairman of the Board and Audit Committee Chairman where concerns can be raised by the employee are as follow:

  1. Dato’ Fu Ah Kiao @ Oh (Fu) Soon Guan (Chairman);
  2. Ling Cheng Fah @ Ling Cheng Ming (Independent Non-Executive Director);

Terms of Reference

Whistleblowing Policy

Policy Statement

Tiong Nam Logistics Holdings Berhad (“TNLHB”) is committed to conducting its business and working with all stakeholders including employees, suppliers, customers, and shareholders in a manner that is lawful and ethically responsible. Therefore, Whistle Blowing Policy has been issued to enables all stakeholders to make fair and prompt disclosure of circumstances where it is genuinely believed that the Company’s business is being carried out in an inappropriate manner or in violation of applicable laws, Company’s policies, procedures and ethical values.


Scope of the Policy

This Policy covers any action which results, or is likely to result, in any misconduct or criminal offenses which goes against Company’s values. Such misconduct or criminal offenses including the following:

  1. Fraud;
  2. Theft;
  3. Bribery;
  4. Abuse of Power;
  5. Criminal Offense;
  6. Conflict of Interest;
  7. Misuse of Company’s Property;
  8. Non-Compliance with Procedure;
  9. Breach of Code of Conduct and Business Ethics


Method of filing Whistle Blowing Complaint

Various modes of Whistle Blowing complaint filing are being introduced under the Policy, which includes direct email to The contact person of the whistle blowing committees are as the follow:

  1. Dato’ Fu Ah Kiao @ Oh (Fu) Soon Guan (Chairman);
  2. Ling Cheng Fah @ Ling Cheng Ming (Independent Non-Executive Director);


Confidentiality and Protection Mechanism

The Policy assures that all complaints will be handled in complete confidence, and that the identity of the complainant will not be revealed to Management. In the unlikely event that the identity of Whistle Blower is revealed to any person in the Company, it will be ensured that the complainant is not subjected to any form of detrimental treatment.


Success of the Policy and its implementation

All stakeholders are responsible for the success of this Policy and should ensure that they use it to disclose suspected danger or wrongdoing. If a stakeholder has any question about the content or application of this Policy, he or she may contact the Internal Audit Department for obtaining necessary clarification.