Whistle Blowing Policy



In line with corporate governance practices, Board of Directors and Management of Xian Leng Holdings Berhad(“the Company” or XLHB and its subsidiaries) encourage its employees and associates (“the reporting individual”) to report suspected and/or known misconduct or improprieties in matters of financial reporting, compliance and other malpractices at the earliest opportunity, and in an appropriate manner provided in this policy.


The objective of this policy is to provide and facilitate a mechanism for any reporting individual to report concerns about any suspected and/or known misconduct, wrongdoings, corruption, fraud, waste and/or abuse.


This policy not only covers possible improprieties in matters of financial reporting, but also:







Fraud is the act of making false representations of material facts whether by words or conduct, by concealing information, or by making misleading statements in order to obtain some benefits or payments that would otherwise not exist.Fraud includes (but not limited to) any questionable accounting practices or irregularities in the Company’s reported financial statements and non-compliance with the Company’s internal financial controls and procedures. These acts may be committed either for the reporting individual’s own benefit, or for the benefit of some other party.


Abuse consists of practices that cause unnecessary costs to the Company. Abuse can be similar to fraud, except that it is not necessary to prove that abuse was performed knowingly, wilfully and intentionally.


Waste is spending money or using resources on goods or resources in excess of actual need. Waste does not necessarily produce a benefit for the reporting individual, but is an act of poor management of resources.
Corruption, bribery or blackmail;


Practice of offering (usually but not limited to) money, to gain an illicit advantage and corruption is an abuse of a position of trust in order to gain an undue advantage.




The identity and personal information of the whistle-blower shall at all times be protected and kept confidential, unless the whistle-blower agrees otherwise or unless otherwise required by law.


If a whistle-blower reasonably believes that he is being subjected to reprisal, including harassment and victimization, as a consequence of whistle-blowing, he may contact directly to the Senior Independent Director, Mr Lee Kian Hu.


The whistler-blower shall complete the form below and sent email to cilipadiXL@gmail.com

Whistle Blowing Form (click this link for the form)


You will be remain anonymous, however please contact us within 7 (seven) working days from your report, as we may need more information concerning the alleged activities reported.

The Board will review the policy regularly to ensure that it continues to remain relevant and appropriate.




Adopted at Board of Director Meeting held on 28 March 2017