Transparency is at the heart of good corporate governance. The more open and transparent a company's operations are, the less likely it is for management or major shareholders to mismanage or misappropriate assets.

 

Therefore, it is crucial to disclose promptly and publicly all material information about the company that could negatively impact its viability or the interests of shareholders and other stakeholders. This information should include, but is not limited to, earnings results, asset acquisitions or disposals, off-balance sheet transactions, and direct and indirect compensation for board members and management.

 

The company will make full, fair, accurate, and timely public disclosure of any material fact or event, particularly those related to the acquisition or disposal of significant assets, that could adversely affect the viability or interests of its shareholders and other stakeholders.