CORPORATE GOVERNANCE

Overall our business philosophy is to adhere to highest standards of corporate governance. 

The company is incorporated in Singapore as Annamite Resources Holding Pte Ltd. It follows all the requirements of the Accounting and Corporate Regulatory Authority (ACRA) which is the national regulator of business entities, public accountants and corporate service providers in Singapore. ACRA is responsible for the regulation, supervision and development of investment business and financial services industry in Singapore per the Companies Act (Cap 50), the Limited Liability Partnerships Act (Cap 163A) and the Limited Partnerships Act 2008 (Act 37 of 2008).

Annamite’s core governance  principles are:

  • To be a good corporate citizen, demonstrating integrity in each business and community in which we operate;

  • To be open and honest in all our dealings, while respecting commercial and personal confidentiality;

  • To be objective, consistent and fair with all our stakeholders;

  • To respect the dignity and well-being of all our stakeholders and all those with whom we are involved; and

  • To operate professionally in a performance-orientated culture and be committed to continuous improvement.

Annamite Resources intends to abide by the listing rules of exchange where it will ultimately list and the Singapore Code of Corporate Governance (2001, 2005 & 2012) which sets out the principles of Good Governance. ACRA promotes a trusted and vibrant environment for businesses to thrive and flourish, and contribute towards making Singapore the best place for business.

CORPORATE POLICIES

Annamite is committed to responsible exploration and mining and delivering on corporate governance, including on business conduct and ethics. Simply put - this means doing the right thing. Our business decisions incorporate careful consideration of core principles embedded in our Code of Business Conduct and Ethics and subsequent upcoming Corporate Polices. These new corporate policies are being developed during 2020, to formally approved by the Board of Directors in the first half of 2021.