Stakeholders Engagement

The company has established “Management Operation Procedures to Prevent Insider Trading” and publicly disclosed them on its official website. The operating procedures have regulated the company’s directors, managers, employees, and other persons stipulated in Article 157 of the Securities and Exchange Law. When they learn of the company’s news that has a significant impact on the stock price, they must wait 18 hours after it has been made the news public. No purchase or sale of stocks listed on the company’s stock market or traded at securities firms’ business premises or other securities with an equity nature. Directors may not trade their stocks during the closed period of 30 days before the announcement of the annual financial report and 15 days before the announcement of the quarterly financial report. The company also collects legal information every year and occasionally publicizes relevant laws and regulations to insiders (including directors and managers) to strengthen insiders’ compliance with laws and regulations. Every year, the company will also provide continuing education courses for directors or related laws and regulations to assist directors in complying with laws and regulations.

After taking office, insiders should observe:

* If there is a re-election of directors or the appointment of new directors, the corporate governance unit will especially print a manual related to insider trading laws and regulations for new directors and remind all directors to complete the annual refresher hour requirement on time.

To implement the requirements of the company’s code of ethical conduct and integrity management, the “Procedures for Ethical Management and Guidelines for Conduct” and the ” Ethical Code of Conduct” have been formulated. The company also strengthens the promotion of moral concepts and encourages employees to report to managers, the internal audit manager, or other appropriate personnel when they suspect or discover violations of laws, regulations, or ethical codes of conduct, and provide sufficient information. Reporting cases can be conducted through four channels: “reporting in person,” “reporting by phone,” “reporting by letter,” and “reporting by the mailbox.”

The situation of implementing the prevention of insider trading in 2023.

The situation of implementing the prevention of insider trading in 2022.

**Please refer to “Corporate Governance” -> “Major Internal Policies” and click ” Management Operation Procedures to Prevent Insider Trading,” “Procedures for Ethical Management and Guidelines for Conduct,” and “Ethical Code of Conduct” for more detailed regulations.

If you have any comments, you can submit them to the company suggestion box, the human resources mailbox (email: [email protected]), contact the company (email: [email protected]), or contact the company’s management representatives.

The benefits of the employee include:

• Annual Bonus: The company will allocate the surplus in proportion to the performance evaluation table conducts by the management and distribute the bonus to employees every year.
• Staff uniforms：3 new uniforms are provided to staff every year.
• Supplement for weddings and funerals.
• Medical allowance: we provide RM 250 medical allowance every year for employees who go to the panel clinic, and it provides 14 days of paid sick leave.
• Organize group health activities or sports competitions irregularly to encourage employee morale.
• According to Malaysian labor laws and regulations, provide benefits such as provident fund (KWSP), 14 weeks maternity leave, paternity leave, and annual leave (8-16 days of annual leave depending on seniority).
• Provide casualty insurance for employees who have served for over 3 years.
• We provide long Service Awards to reward employees who have served for over 10 and 20 years.
• The employee’s children who have achieved excellent examination results can also receive scholarships for academic excellence awarded by the company.
• The employee’s children can also receive scholarships for academic excellence awarded by the company.

If employees have comments, they can submit them to the company suggestion box, human resources mailbox (email: [email protected] ) or contact the company (email: [email protected] ) or contact the company’s management representatives.

The company’s regulations on labor-management relations are under relevant laws and regulations (Retirement Laws and Social Insurance Law) and set up the employee suggestion boxes and other feedback channels. Besides, the company will hold training seminars every month to introduce the company’s existing rules and regulations, culture, workplace regulations, and create a safe and happy working environment for new employees.

If there is any information that needs to be conveyed, the company will communicate the results to employees as an email or information on the bulletin board after meetings and discussions in monthly management meetings.

If employees have comments, they can submit them to the company suggestion box, human resources mailbox (email: [email protected] ) or contact the company (email: [email protected] ) or contact the company’s management representatives.

To fulfill corporate social responsibilities and protect the basic human rights of all colleagues, customers, and stakeholders, the company supports and abides by the International Bill of Human Rights (the “Universal Declaration of Human Rights”) and abides by the laws and regulations of Malaysian labor law to formulate the company’s human rights policy. Such as gender equality, the right to work, the prohibition of discrimination, etc. The company also recognizes and implements “Convention No. 138” of the International Labor Organization on child labor, the prohibition of child labor. The protection of maternity. “Convention No. 183”, which stipulates that it entitles female employees to 14 weeks of maternity leave, etc.

The company’s basic human rights policy and implementation guidelines are:

• Prohibition of child labor.
• Eliminate all forms of forced labor.
• Eliminate discrimination in hiring and employment and ensure equal job opportunities.
• Language, attitude, and behavior that do not have any discriminatory treatment due to gender, race, socioeconomic status, age, marriage, family status, language, religion, party affiliation, nationality, appearance, facial features, physical and mental disabilities, etc.
• Comply with all applicable wage and hour regulations in Malaysia.
• Fair and adequate wages are paid on time, and legal deductions are documented on pay slips.
• Promote a healthy and safe workplace, and regularly review employee health and safety risks.
• Regularly hold workplace safety 5S publicity lectures to ensure that employees abide by workplace safety rules.
• Prohibit workplace bullying and provide a harassment-free working environment.
• Provide an effective and appropriate grievance mechanism to avoid and respond to situations that endanger the rights and interests of employees.

The company also regularly organizes education and training, such as “workplace safety 5S publicity lectures” to ensure that employees always abide by workplace safety rules. The company also complies with the “Discrimination (Employment and Occupation) Convention” (No.111 “Sexual Harassment in Places”, focusing on publicizing issues related to sexual harassment under the Employment Act of 1955 and posting promotional posters on the company’s board newspaper.

The company has a “Policy on Safety and Health at the Workplace” and a Safety Committee. The committee’s responsibility is to formulate, implement, and publicize plans related to safety maintenance management. The committee aims to strengthen the safety and hygiene of the working environment. It is committed to improving its employees’ safety and health and reducing the working environment’s impact on employee safety and health. Hazards, as other safety and health promotion matters, etc., set the priorities and action plans that should be implemented yearly.

Education Training

Ensure that employees are familiar with relevant occupational safety and health regulations and the company’s safety maintenance operation. The company will organize education and training from time to time and remind employees to raise safety awareness through emails and notices to ensure that employees always abide by workplace safety rules. The company held eleven safety education and training seminars in 2022. The company also promoted the company’s safety protection and health education and training to new employees. The following are some examples of relevant safety education and training:

• Workplace Safety 5S Promotion Seminar: The 5S includes Sisih, Susun, Sapu, Seragam, and Sentiasa Amal to ensure that employees always abide by workplace safety rules.

• Prevention of Sexual Harassment in the Workplace Seminar: The company also holds regular lectures on the topic of “Prevention of Sexual Harassment in the Workplace,” focusing on publicizing issues related to sexual harassment under the Employment Act of 1955 and posting promotional posters on the company’s board newspaper.

• Fire training and additional fire equipment: The company has established “fire emergency measures” and holds various training courses focusing on publicizing fire prevention education and related safety awareness. The company has invited the Malaysia Fire Safety Team (Latihan Pasukan Keselamatan Kebakaran, or ERT) to conduct professional training for employees. In addition, the company has also added fire protection equipment, such as fire sprinkler systems, fire extinguishers, and fireballs, in each factory and obtained certification from the fire department. 

• Safety standards, operating procedures, education, and training: The company formulates and strengthens the promotion of safety protection rules, such as publicizing the key points of safe operation of machines and forklifts, instilling knowledge of chemical hazards, personal protective equipment, prohibiting smoking in the work area, maintaining a clean and tidy working environment, etc.

Techcential International Ltd. aims to create a safe working environment and a healthy and friendly workplace for employees, so that they can work with peace of mind, and continues to promote safety-related publicity, education, and training, hoping to achieve “everyone’s safety” and implement safety and health management of the three protections of industrial safety: “self-care, guardianship, and mutual protection.”

Malaysia’s 2012 Minimum Retirement Age Act take effect on July 1, 2013, stipulated that the minimum retirement age for employees should be 60 years old. Applicable to all employees in the private sector in Malaysia. It is a crime for any employer to dismiss an employee before the employee reaches the minimum retirement age of 60. Once convicted, the fine is not more than RM10,000.

The Employees Provident Fund is a retirement savings plan that manages by the government. It is a mandatory contribution in India, Hong Kong, Singapore, Malaysia, Mexico, and other countries, similar to the social security system in the United States.

The Employees Provident Fund (EPF/KWSP) in Malaysia is established by the Employees Provident Fund Act 1991 (Act No.452). The Employees Provident Fund provides employers with a convenient framework for them to fulfill their legal and moral obligations to employees by continuously paying monthly mandatory contributions to their employees’ retirement fund accounts.

The monthly contribution rates of the employee provident fund are:

(i) Employees: 11% of the monthly salary (employees over 60: 5.5% of the monthly salary), automatically deducted from the employee’s salary.

(ii) Employer: 13% for a monthly salary of RM 5,000 and below; 12% for a monthly salary of more than RM 5,000.

The Social Insurance Organization (SOCSO) implements the Work Injury Insurance Plan by the Employee Social Insurance Law in 1969 and the Employee Social Insurance (General) Regulations of 1971. The Social Insurance Organization provides medical treatment, cash compensation, prosthetics, and rehabilitation training.

The social insurance agency provides 2 insurance plans, which are the Work Injury Insurance Plan and Disability Pension Plan.

The company provides employees with adequate education and training so that they can fully reflect the channels of opinion and provide employees with reasonable benefits and remuneration according to local laws and regulations. Besides handling the relevant regulations of the local government, the company sometimes organizes gatherings, recreations, and other activities for staff.

If there is any information that needs to be conveyed, the company will communicate the results to employees as an email or information on the bulletin board after meetings and discussions in monthly management meetings.

If employees have comments, they can submit them to the company suggestion box, human resources mailbox (email: [email protected] ) or contact the company (email: [email protected] ) or contact the company’s management representatives.

To provide full service and protection for customers, the company will communicate with customers immediately (via email, telephone, or exchange opinions with buyer QC during inspecting at the factory) in response to customer complaints to understand customer needs and promote the relationship between the company and customers.

Please contact the following (person) for more details:

TC General Manager – Kyle Eng (Tel: +606-9873999#110; Email: [email protected] ) or

TC Marketing Manager – Frank Chong, (Tel: +606-9873999#105; Email: [email protected]).

After inquiring, comparing, and bargaining with multiple suppliers, the company’s procurement staff decided after fully comparing unit prices, specifications, payment terms, delivery dates, product and service quality, or other information. The company has built a long-term relationship with suppliers. Besides, the company’s purchasing department will visit or inspect the supplier’s factory from time to time to communicate clearly on product quality requirements.

If the supplier has questions, you can call the company’s purchasing department (Tel: +606-9873999 #302) or write an email to [email protected].

Ref: Code of Conduct of TIL

The company makes the best use of various resources to reduce the load on the environment.

• The company implements energy conservation actions, such as switch off the lights and controlling the temperature of air-conditioners, to reduce the wasting of energy. Besides, it promotes the concept of energy conservation and carbon reduction in personnel in various departments. To fulfill the corporate responsibility of environmental protection.

The company will continue to establish environmental management systems that conform to the characteristics of the industry depending on the situation.

If you have any comments, you can submit them to the company suggestion box, human resources mailbox (email: [email protected]) or contact the company (email: [email protected]) or contact the company’s management representatives.