Introduction
Readycare Manufacturing Sdn Bhd has established and adopted this Anti-Corruption and Anti-Bribery Policy(“Policy”). Readycare is committed to a zero-tolerance approach in its efforts to prevent corruption and bribery practices. Readycare’s business dealings must be conducted ethically and transparently.

Purpose
The purpose of this policy is to clearly set out the responsibilities of Readycare Manufacturing Sdn Bhd and the personnel working for Readycare to comply with laws against corruption/bribery and to further provide information and guidance to all personnel working for Readycare on how to recognize and deal with corruption and bribery issues.

Applicability
This Policy is applicable to Readycare Manufacturing Sdn Bhd and is intended to apply equally to all Directors, employees, and any business associates and others performing work or services for or on behalf of the Company.

Roles and Responsibilities

Below sets out the roles and responsibilities to be discharge by the relevant parties in respect of the anti-bribery framework:

4.1. Board of Directors
a. Approving the company’s anti-bribery policies and procedures.
b. Supervising the effectiveness of the implementation of the company’s anti-bribery programmer.
c. Ensuring the anti-bribery programme are reviewed once every three years.

4.2. Managing Director
a. Ensuring appropriate and adequate resources are allocated for operating the anti-bribery programmer effectively.
b. Ensuring the anti-bribery programme is consistently applied throughout the Company.

4.3. All Employee and Business Associates
a. Continuously adhere to the Company’s Anti-Bribery and Anti-Corruption Policy.
b. Remain vigilant at all times and report any suspected or actual bribery or corruption in accordance with the Company’s Whistleblowing Policy.

Gift, Entertainment and Hospitality
The Board, Employees, family members or agents acting for or on behalf of the Employees or the Board or their family members are prohibited from, directly or indirectly: -

(a) receiving gifts and/or entertainment from any Third Parties that have Business Transaction with Readycare; or
(b) providing gifts and/or entertainment to Third Parties that have Business Transaction with Readycare.

However, it should be noted that, for the purpose of development and maintenance of good business relationship, it is inevitable that gift, entertainment or hospitality may be offered or accepted. In such case, the gift, entertainment and hospitality to be provided or accepted must be aligned with law and regulations, the value of gift, entertainment or hospitality must not be greater than RM500 and should not cause the receiving party to be unduly influenced or obligated.

All directors, employee and business associates are required to report to the Head of Department of Human Resource for any gift received or to be offered and the Head of Human Resource shall report it to the Managing Director.

Donations and Sponsorship

(a) Prohibition of donation/contribution to political parties or individual politicians.
Employees and Business Associates must not make donation or funding of any kind to political parties or individual politicians or towards political campaigns or initiatives for or on behalf of Readycare.
(b) Employees and Business Associates must never use donations or sponsorships to obtain business or advantage of any kind or unduly influence the outcome of a business decision or cause others to perceive it as such. The use of donations or sponsorships in this manner is strictly prohibited under this Policy. 

Facilitation Payment
Facilitation payment refers to any payment in form of bribe for purpose of expediting or facilitating the performance of public or government services. Payment made for express services according to price schedule that are publicly published do not fall into facilitation payment in this context.

The Board and Employees do not make, and will not accept any form of Facilitation Payments. All business associates must also avoid any activity that might lead to Facilitation Payments being made or accepted.

Any individual with suspicions, concerns or information relating to Facilitation Payment being made or potentially made on behalf of Readycare or any instances of improper business practices, are encouraged to report such issues to Readycare via our whistleblowing platform as outlined in our Whistleblowing policy and procedure which is published in the Company’s website at https://www.readycaremfg.my/.

Due Diligence
The company shall conduct due diligence on all Directors, employee and business associate prior to their appointment or engaging into a contractual relationship.

Reporting Procedure
All Directors, employee, business associate and the public are encouraged to report any misconduct, attempted, suspected and actual bribery or corruptions activities in
accordance with the Company’s Whistle-blowing Policy which is published in the Company’s website at https://www.readycaremfg.my/.

Reporting Channel via Email 

Email: enquiry@hmf.com.my

Violation of this Policy
The Company strictly prohibit all form of bribery and corruption, and will not tolerate any act of bribery or corruption. Any violation to this Policy by the Directors, employee or business associate may lead to disciplinary action or termination of contractual relationship. Actions imposed by the Company in respect of violation to this Policy do not remove the rights of the Company to report the incidents to the relevant authorities or discharge the ramification imposed by the relevant authorities.

Record Keeping
The Company shall keep all financial records, not limited to invoices, accounts and other documents related to third parties such as parents, student, vendor and business partner, complete and maintain appropriate internal controls. ‘Off-the-books’ to facilitate or conceal improper payments in the Company’s books and records are strictly prohibited.

Training and Communication
This Policy is a public document which shall be communicated to all Employees and business associates. Employees and business associates must read and understand Readycare’s position on anti-bribery and anti-corruption.

Adequate training on Readycare’s anti-bribery and anti-corruption approach shall be provided to Employees.

Board Approval
This policy was reviewed by the Board of Directors of the Company on 02 January 2024 .