Anti-Trust Policy

CM Logistics Pte Ltd policy is that all of its business dealings are carried out in full compliance with applicable antitrust legislation. We are fully committed to ensuring that the antirust compliance rules set forth through this policy are adhered to and to implement procedures to educate and monitor compliance with it.

This policy is set for staff and interested parties on a wide range of competition and antitrust related issues, including information exchange and benchmarking, programme governance, project scoping and interface with competition authorities.

In line with the objective of conducting our business in accordance with the legal requirements of the countries in which it operates, the Company has adopted the following policy on compliance with applicable Competition Laws:

• It is a fundamental principle within the CM LOGISTICS governance framework that all Employees must comply with the Competition Laws which apply to the company’s business activities.

• No Employee should assume that the company’s interests require anything other than strict compliance with the applicable Competition Laws. In particular, no one in the company has authority to give any order or direction that would result in a violation of this Competition Policy.  Any Employee who fails, either intentionally or negligently to take proper care to comply with the applicable Competition Laws will be subject to disciplinary action.

• It is the Company’s intention and policy to keep all Employees fully informed of the requirements of the applicable Competition Laws and to assist them in complying with such laws.

• This Competition Policy is intended to enable the company to compete effectively in all the markets in which it operates, without exposure to the disruption and expense of competition investigations and litigation which would hinder competitive efforts. The company can best prosper in an economic environment free from unreasonable restraints on the free play of fair competition.

• Significant penalties (including criminal penalties) may be incurred for breach of the applicable Competition Laws, which would be financially damaging to the Company, the Company and to its standing and reputation in the industry and market. Failure to comply with the instructions in this Competition Policy will, therefore, also be subject to disciplinary action. 

• There may sometimes be doubt as to the proper interpretation of the applicable Competition Laws. If there are any questions or issues, advice should be sought from the Company GM / Legal Consultant.  Risks should not be taken and advice should be sought promptly before any action is taken that could result in any violation of such laws.