To our Customers, Suppliers, Contractors and Vendors
We wish to inform you that OMS Holdings Pte Ltd has recently introduced an integrity and compliance policy. This policy applies to all OMS operations and requires all our employees to deal with customers, suppliers, contractors, vendors and other third parties legitimately, honestly and openly. All deals must be free from offers of gifts, favours, or other improper rewards in exchange for influence or assistance in a business transaction.
We expect all our employees to maintain strong and honest relationships with those doing business with OMS. We prohibit our employees to accept or solicit gifts, entertainment or favours from you. Exceptions are gifts of nominal value or items inscribed with Company logo. Where gifts are considered to be of high value, we shall ask our employees to return the gifts. Where this occurs, we would like to seek your understanding that rejecting a gift is not a disrespect of your gesture to build or maintain goodwill with OMS. On the contrary, we value your support and will continue to build a strong association with you.
Our employees are strongly advised not to solicit for gifts, entertainment or anything of value. OMS will not take too kindly to our employees deviating from the principle of integrity and honesty. This is important to our business relationship and if you have knowledge of any of our employees’ misdemeanour, we would like to know.
We look forward to a growing business relationship with you for many more years to come.
How Meng Hock
President & CEO
The Importance of Integrity and Compliance
OMS depends on its customers, suppliers, vendors, contractors and other members of the community to do business. For OMS to succeed in a complex and competitive global environment, it depends on our people and the way we conduct our business. We must earn the trust of the people that we serve to provide what they need not only for today or tomorrow but each and every day. Our customers have high expectations of our integrity in striving to provide them the highest quality product and services possible.
OMS’ Integrity Code and compliance policies must be read in conjunction with SCAO Compliance Manual (April 2013 edition) and any other updates thereafter; however, do expect some of our policies to exceed the requirements of our parent company, Sumitomo Corporation. We operate in a variety of situations in the global environment, from straightforward to very varied and complex, under different laws and regulations in different countries. Regardless of the difficulty and complexity of the situation that we may encounter, we must always conduct every business transaction above board with integrity and in full compliance with the laws of the host country.
As employees, integrity is a personal responsibility and I would like to reiterate that we must conduct our business legitimately, honestly and openly so that others can follow through every transaction without inner reservations. We must also do what we said we would do right and behave in a consistent manner that is exemplary to help develop mutual trust and respect with both internal and external customers.
“The right to do something does not mean that doing it is right” – William Safire
We may not be able to cover every law or policy that may apply to your job but I am confident that we will be able to bring compliance and integrity at OMS to the highest level possible. This is not difficult as it takes less time to do the right thing than it does to explain why you did it wrong in the first place. I know all of us have the interest of the company at heart and I look forward to enjoying the challenges to pride ourselves in the success of OMS.
How Meng Hock
President & CEO