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Values & Policies

STAKEHOLDERS POLICY

In its relations with stakeholders, the company accepts and promotes the following basic principles ::

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  • The company’s commitment to the principles of business honesty and transparency as drivers of credibility and mutual trust, are the foundations on which it builds its relations with Stakeholders;

  • Development of a responsible business model in order to be capable of creating sustainable value for all its Stakeholders on a shared basis;

  • Maintenance of a strategy of involvement in the communities in which the company operates;

  • Establish balanced relationships between corporate values and social expectations, taking into account stakeholders interests, concerns, and needs;

  • Having a dynamic organizational structure that allows for the promotion and coordination of responsible actions with Stakeholders.

HUMAN RESOURCES POLICY

Underlying ambitions ::

 

  • To have a status of employer of choice

  • To attract develop and retain talent in an environment of fair treatment and adherence to meritocracy principles

  • To have a diversified employee base in terms of gender, age group, academic and professional qualifications

  • To foster general staff welfare, health and safety in a stimulating work environment

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Selection and Recruitment ::

 

  • Our recruitment process is transparent, and all vacancies are advertised;

  • We focus on Values, over and above Skills and Competencies;

  • Our selection process combines panels and various other methods to enhance validity.

  • We invest in the continuous improvement and development of skills and competencies.

RENTAL POLICY

The Company’s rental policy forms the basis for all its rental operations. The rental policy aims at maintaining the Company’s high quality asset portfolio and ensuring proper risk diversification as well as the enhancement of the Company’s mission and strategy. The Company operates according to rental principles with a focus on reducing the risk bad debts.

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The purpose of the rental policy is to establish rules and guidelines applicable to all rental decisions. The rental policy sets the basic criteria for acceptable risks and identifies risk areas which require special attention. The Company’s rental policy is the basis for the rental approval process. Each asset rental shall comply with the credit policy.

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For asset rentals that do not fully comply with the rental policy, deviations can be permitted on a case by case basis subject to an evaluation of the proposed deviation. Board ratification would thereafter be sought. An asset rental outside the rental policy is deemed to represent higher bad debt risk.

Rental Policy
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