SMEC maintains a corporate governance framework that creates an efficient and disciplined operating environment for its Directors and employees and aims to ensure the long-term success of SMEC and its controlled subsidiary companies.
The SMEC Board has adopted specific corporate governance policies and practices to achieve these objectives. The details of each of the policies and practices are summarised below. SMEC is continually enhancing governance and compliance systems and strengthening compliance culture through ongoing training and development and has a zero-tolerance policy against fraud and corruption.