Corporate Governance, Compliance & Ethics
Strong corporate governance is essential to PRIME’s long-term success, and we are committed to maintaining transparent, ethical, and responsible business practices. Through our Enterprise Risk Management and internal controls framework, overseen by the Board, we regularly assess and address business and operational risks to protect stakeholders’ interests, create sustainable value, and uphold investor trust.
We recognise that compliance failures, such as regulatory breaches or governance lapses, can have serious consequences. This includes reputational damage, loss of operating licenses, and increased business costs. To minimise these risks, we maintain rigorous governance policies aligned with the regulators’ expectations and enforce zero tolerance for unethical practices. All potential corporate governance breaches or lapses are addressed through a clear remediation process, which includes internal investigations, corrective actions, and policy enhancements.
To ensure the effectiveness of our governance measures, we conduct regular audits, compliance reviews and internal assessments.
For more information on PRIME's Corporate Governance system, please refer to the Corporate Governance Report on page 52 to 77 of PRIME's 2024 Annual Report.