2020 ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
C.1.6

Does the company disclose a policy that describes how creditors' rights are safeguarded?

Response

YES. Our Safeguarding  Creditors' Rights Policy is disclosed and posted on our website and PSE EDGE Disclosure.

 

The Policy seeks to manage our liquidity profile to be able to service our maturing debts and to finance our capital requirements. 

 

We regularly monitor and disclose our financial  position and ability to service our debt through relevant financial ratios which are disclosed in our annual and quarterly reports.  These ratios include among others,current ratio, debt to equity ratio and interest coverage ratio.

 

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]