We place great importance on high standard of corporate conduct to uphold good corporate governance. Tat Seng Packaging Group Ltd (the “Company”) and its subsidiaries (collectively referred to as the “Group”) are committed to setting and maintaining high standards of corporate governance as well as promoting corporate transparency by adhering closely to the principles and guidelines set out in the Code of Corporate Governance 2012 Code (“2012 Code”). Whilst the Company is not yet required to comply with the revised Code of Corporate Governance 2018 (“2018 Code”), the Company has, where possible, taken steps to adhere to its intent.

Our Annual Report includes a Corporate Governance Statement that describes the practices the Company has undertaken with respect to each of the principles and guidelines and the extent of its compliance with the 2012 Code and should be read as a whole, instead of being read separately under the different principles of the 2012 Code. The Company has complied in all material aspects with the principles and guidelines set out in the 2012 Code and any deviations are explained in this statement.