At Pelaburan Hartanah Berhad (PHB), we prioritize strong risk management and regulatory compliance to safeguard our business and stakeholders. Our approach aim to enhance resilience, safeguard stakeholders, and promote sustainable growth.
Our Approach:
PHB employs a top-down and bottom-up approach in identifying, evaluating, monitoring, and reporting investment and financial risks.
A structured risk review and assessment is performed at the transactional level to provide approving authorities at the Management and the Board with independent party assessments to enhance the decision-making process and reduce the likelihood of uncalculated risks.
This is complemented by independent reviews and monitoring of PHB’s key business areas, ensuring identification and mitigation of emerging financial risks.
At Pelaburan Hartanah Berhad (PHB), integrity and good governance are more than just principles – they are the foundation of everything we do. We are committed to fostering a culture of transparency, accountability, and ethical excellence.
Our approach to inculcate the ethic and integrity culture is built on:
At PHB, we believe that integrity builds trust, and trust drives success. By embedding strong governance and ethical leadership into our corporate culture, we ensure that our growth is sustainable.
The Group upholds a zero-tolerance policy towards all forms of corruption, including bribery, fraud, abuse of power, conflict of interest, breach of official duty, misconduct, misrepresentation, embezzlement, and theft. The Group are committed to promote the principle of good corporate governance and integrity in our business operations. This is in accordance with the Group’s core values “P.H.B”: PROFESSIONAL, HARMONIOUS and BOLD.
The Group is committed to:
Pelaburan Hartanah Berhad (PHB) has implemented and maintains the ISO 37001:2016 Anti-Bribery Management System (ABMS) as part of our commitment to the highest standards of integrity and governance.
PHB has been certified by SIRIM QAS International since 2021 under Certificate No. ABMS 00193, reflecting our continuous effort to prevent, detect, and address bribery risks across the organisation.
Our Commitment Under ISO 37001:2016 ABMS
Our Code of Conduct and Business Ethics (CoBE) serves as the cornerstone of our commitment to integrity, transparency, and ethical business practices. It sets clear expectations for all employees, stakeholders, and business partners, ensuring that every decision and action aligns with the highest standards of professionalism and accountability.
This code outlines our principles on integrity, conflict of interest, anti-bribery and corruption, fair business practices, and responsible corporate conduct. By upholding these values, we foster a corporate culture built on trust, respect, and compliance with all applicable laws and regulations.
At PHB, integrity is not just a principle – it is a way of doing business.
PHB enforces a strict NO-GIFT POLICY to prevent undue influence, maintain objectivity and ensure professionalism in all business dealings.
At Pelaburan Hartanah Berhad (PHB), integrity, transparency, and accountability are non-negotiable pillars of our corporate governance. Every employee is entrusted with the responsibility to act exclusively in PHB’s best interest, ensuring that personal considerations never compromise professional duties.
A conflict of interest in any situation in which an individual is in a position to take advantage of his or her role at PHB for his or her personal benefit, including the benefit of his or her family and friends. This includes situations when personal, financial, or relational interests interfere with objective decision-making or create an impression of bias.
Even without improper actions, the mere perception of a conflict can erode trust and damage credibility.
To uphold the highest standards of integrity and accountability, any actual or potential conflict of interest must be disclosed immediately for proper assessment and action.
At PHB, integrity is not just a value, it is our identity. We expect every employee to uphold the highest ethical standards in all business dealings, ensuring that trust and accountability remain the cornerstone of our success.
At Pelaburan Hartanah Berhad Group (“PHB Group”), we are committed to upholding the highest standards of integrity, transparency, and ethical business conduct in all our operations. In this regard, PHB Group expects its business partners to uphold the same principles in all engagements and dealings with PHB Group.
By engaging with PHB Group, the Vendors hereby pledge, warrant, and undertake the following:
Pelaburan Hartanah Berhad and its subsidiary companies (the Group) is committed to uphold a high standard of integrity, transparency, and good corporate governance in the conduct of its operations. In view of this, the PHB Whistleblowing Policy has been established to encourage and provide an avenue for a whistleblower to raise concerns of any wrongdoing without fear of reprisals. This commitment is in alignment with the Group core values “P.H.B”: PROFESSIONAL, HARMONIOUS and BOLD.
The Policy governs the disclosures, reporting and investigation of misconduct within the Group as well as the protection offered to the persons making those disclosures from detrimental action in accordance with Whistleblower Protection Act 2010.
Reporting and Protection to Whistleblower
Reports should be made through the Group’s established whistleblowing channels, as detailed in the PHB Whistleblowing Guideline. These channels guarantee confidentiality, anonymous reports, and protection from retaliation, in line with the provisions of the Whistleblower Protection Act 2010. The Group assures that every report received will be treated with the utmost seriousness, discretion, and good faith in accordance with legal and ethical standards.
Whistleblowing Channels
Whistleblower may submit a disclosure through any of the following channels:
Whistleblowing email : wb@phb.com.my
Whistleblowing hotline : +603 7711 3091
Mailing address :
Whistleblowing Secretariat
[Attn: Integrity and Governance Unit (IGU)]
Level 6, Block D, Dataran PHB,
Saujana Resort, Section U2,
40150 Shah Alam,
Selangor Darul Ehsan.
Please provide the following details if you wish to report Improper Conduct which are unlawful and are in breach of law and regulations that may adversely impact the Group. Please be assured that your report will be treated as confidential.
Note: Please provide information as accurate as possible. The fields marked with (*) are required.
Reporting Details
Name of Alleged Person *
Designation of Alleged Person *
Department of Alleged Person *
Company of Alleged Person *
Incident Date & Time
Location of Incident *
Report
Parties Involved (if any)
Types of Allegation *
Description of Complaint *
1. Please describe the nature of your complaint. Include the details of the parties involved, date(s), time(s), location(s), etc. and any other relevant details.
Name of witness (if any)
2. Please provide details of witness(es) who can support your complaint e.g name, position, company etc.
Attachments
3. Please state and attach the documents and other evidences to support your complaint, if any.
Details of Individual Lodging the Report
Name
Designation
Department
Company
Telephone Number
Email Address
Generic Policy Statement
PELABURAN HARTANAH BERHAD GROUP (“PHB Group”) is expected to uphold the highest standard of integrity as it is one of the components of the Company’s core values. PHB Group aspires to enhance its commitment to the corporate governance by fostering an environment where integrity and ethical behaviour is maintained and any legislations relating thereto are reflected accordingly.
In line with this commitment, the PHB Group has formulated this Whistleblowing Policy (this “Policy”) in accordance with the Whistleblower Protection Act 2010 to provide a structured reporting channel and guidance to all employees and external parties to report instances of unethical behavior, fraud, misconduct, bribery or violation of the PHB Group’s Policies, Guidelines and Procedures without fear of reprisals, victimisation, discrimination and/ or being disadvantaged, provided that the disclosure is made in good faith.
Definition and Applicability
Whistle-blowing is the act of combatting corruption and other wrongdoings by encouraging and facilitating disclosures of information that one reasonably believes to be evidence of illegal, immoral or illegitimate practices including but not limited to contravention of any laws or regulations such as, information that involves mismanagement, corruption, abuse of authority or conduct, or any other wrongdoing carried out by an individual or group of individuals within the organisation that is not in the public interest. Such an act by the said individual(s) may be punishable by any legislated law of Malaysia. For the purposes of this Policy, all such acts shall come to be known as improper conduct (as defined under the Whistleblower Protection Act 2010)
Who Can Disclose the Concerns:
Any of the following Person(s) can make a disclosure of Concerns.
Internal Whistle-blower
Reporting Procedures
This policy is intended to complement the normal channel of communication and reporting lines within PHB, as described in the Code of Business Ethics (“CoBE”).
What to disclose:
A disclosure on improper conduct (Concerns) may be made if the whistle-blower has reasonable believe that the alleged wrongdoers engaged, or is prepared to engage in conduct prohibited by PHB or applicable laws and regulations.
Improper conduct (Concerns) constitutes one or more the following wrongdoings by any person in the conduct of the Company’s affairs, as per the following list (this list is not exhaustive):
When to disclose:
A whistle-blower shall come forward with any information or document(s) that they, reasonably believes in and discloses a wrongdoing, which is likely to happen, is being committed or has been committed.
The whistle-blower needs to demonstrate that they have reasonable grounds for the concerns. However, the whistle-blower is not expected to first obtain substantial evidence of proof beyond reasonable doubt, or even be able to identify a particular person to which the disclosure relates, when making a disclosure.
If the whistle-blower knows as a matter of fact that there are reasonable grounds of suspicion that a wrongdoing is going to take place, such genuine concerns shall be raised at an early stage.
Please provide the following details if you wish to report Improper Conduct which are unlawful and are in breach of law and regulations that may adversely impact the Group. Please be assured that your report will be treated as confidential.
Note: Please provide information as accurate as possible. The fields marked with (*) are required.
Reporting Details
Name of Alleged Person *
Designation of Alleged Person *
Department of Alleged Person *
Company of Alleged Person *
Incident Date & Time
Location of Incident *
Report
Parties Involved (if any)
Types of Allegation *
Description of Complaint *
1. Please describe the nature of your complaint. Include the details of the parties involved, date(s), time(s), location(s), etc. and any other relevant details.
Name of witness (if any)
2. Please provide details of witness(es) who can support your complaint e.g name, position, company etc.
Attachments
3. Please state and attach the documents and other evidences to support your complaint, if any.
Details of Individual Lodging the Report
Name
Designation
Department
Company
Telephone Number
Email Address
