Sustainability > Governance > Responsible Business Practices
Responsible Business Practices
Building Trust Through Ethical and Responsible Conduct
Responsible Business Practices
WTK upholds responsible business practices through a strong governance framework anchored by our Code of Conduct and Ethics, which guides the behaviour of all employees and directors in conducting business with integrity, transparency and accountability. We maintain a Whistleblowing Policy to provide a secure and confidential channel for reporting unethical or improper conduct.
The Group has also established a Directors’ Remuneration Policy that ensures fair and competitive compensation aligned with market benchmarks and performance expectations. Similarly, remuneration policies for senior management are structured to attract, retain and motivate talent while aligning rewards with long-term strategic goals and shareholder interests.
- Code of Conduct and Ethics
- Whistleblowing Policy
- Directors’ Remuneration Policies & Remuneration
- Senior Management’s Remuneration Policies & Remuneration
- Related Party Transactions
Commitment to Ethics and Compliance
To emphasise the Group’s commitment to ethics and compliance with applicable laws and regulations to which each Officer is bound to observe in the performance of his/her duties.
Compliance Reviews
Regular reviews are carried out to assess compliance with these codes across all operations. As part of this process, mechanisms are in place to identify, document and address any instances of non-compliance, with appropriate corrective measures taken where necessary.
Reporting Outcome
In FY2025, no significant cases of non-compliance with the Code of Conduct and Ethics were identified.
Confidential and Accessible Channel
We provide a confidential whistleblowing channel for reporting potential breaches of our codes, policies, or any unethical practices. This mechanism is available not only to employees, but also to contractors, joint venture partners, other business associates, external stakeholders and the public, ensuring transparency and accountability across all interactions.
Protection and Follow-Up
Reports are reviewed by designated personnel and, where necessary, investigations and corrective actions are carried out. The process is designed to protect whistleblowers from retaliation, reinforcing trust and integrity in our governance practices.
To determine the level of remuneration package of Executive Directors and Non- Executive Directors.
To determine the level of remuneration package of Senior Management.
Remuneration Principles
Fair and responsible
Competitive and market-aligned
Performance-based
Supports long-term value creation
How Remuneration is Determined
Assess Performance
Nomination & Remuneration Committee Review
Market Benchmarking
Board Approval
Future Focus
The Group intends to progressively incorporate sustainability-related performance considerations into executive performance assessments alongside financial performance.
The Audit Committee reviews all Related Party Transactions and Recurrent Related Party Transactions (RRPTs) to ensure they are conducted on arm's length and normal commercial terms, in the best interests of the Group and its shareholders, and in compliance with Bursa Malaysia Securities Berhad's Main Market Listing Requirements. The proposed mandate for RRPTs is reviewed by the Audit Committee before being recommended to the Board for approval. Directors with an interest in any transaction abstain from deliberation and decision-making.
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Board Structure and Composition
Anti-Corruption
Risk Management
Policy Commitment
