Our Corporate Policy
POLICY ON MATTERS RELATING TO THE BOARD OF DIRECTORS
The Board of Directors of Lanka Realty Investments PLC (the “Company”) plays a pivotal role in the governance, strategic direction, and long-term success of the Company. This Policy on Matters Relating to the Board of Directors is established to outline the responsibilities, duties, and expectations of the Board, ensuring that its operations are guided by principles of integrity, accountability, and transparency. The policy sets the framework for decision-making, board composition, and conduct, fostering a governance structure that supports effective oversight and the sustainable growth of the Company. By adhering to this policy, the Company aims to ensure that its Board of Directors is equipped to provide ethical leadership, safeguard shareholder interests, and comply with all legal and regulatory requirements. The Board’s commitment to excellence in governance is essential for driving the Company’s continued success and fostering trust with stakeholders.
-POLICY ON MATTERS RELATING TO THE BOARD OF DIRECTORS
POLICY ON BOARD COMMITTE
Lanka Realty Investments PLC (the “Company”) is committed to maintaining robust corporate governance practices that ensure effective oversight, accountability, and strategic direction. To enhance the Board of Directors’ ability to fulfill its responsibilities, the Company has established specialized board committees. These committees are designed to provide focused expertise, facilitate deeper discussions on key areas of governance, and assist the Board in making informed decisions. This Board Committee Policy outlines the roles, responsibilities, and functioning of the various committees, ensuring that they operate in alignment with the Company’s objectives and regulatory requirements. By fostering clear communication and collaboration, the Board committees contribute to the overall effectiveness and integrity of the Company’s governance framework, promoting sustainable value creation and safeguarding !
POLICY ON CORPORATE GOVERNANCE, NOMINATIONS AND RE-ELECTION
Lanka Realty Investments PLC (the “Company”) is dedicated to upholding the highest standards of corporate governance to ensure the integrity, transparency, and accountability of its business operations. This Corporate Governance, Nominations, and Re-Election Policy is designed to provide a framework for the effective oversight of the Company's governance practices, the nomination of qualified individuals to the Board of Directors, and the re-election of Directors who continue to contribute to the Company’s strategic vision. By establishing clear principles and procedures for board nominations and re-election, the Company aims to maintain a diverse, experienced, and independent board that is capable of delivering long-term value to shareholders and fostering sustainable business growth. growth. This policy reinforces the Company’s commitment to good governance, ethical leadership, and adherence to all legal and regulatory requirements.
-POLICY ON CORPORATE GOVERNANCE, NOMINATIONS AND RE- ELECTION
POLICY ON REMUNERATION
Lanka Realty Investments PLC (the “Company) recognizes that the remuneration of its directors plays a vital role in ensuring effective governance and the long-term success of the Company. The Directors' Remuneration Policy is designed to attract and retain highly qualified individuals with the skills, experience, and leadership necessary to guide the Company’s strategic direction. This policy aims to align directors' compensation with the Company’s performance, shareholder interests, and the broader objectives of sustainable value creation. Remuneration will be structured to reflect the responsibilities, performance, and contributions of individual directors while adhering to principles of fairness, transparency, and regulatory compliance. By maintaining a balanced and competitive remuneration framework, the Company ensures that its directors remain incentivized to drive corporate growth and governance excellence.
POLICY ON INTERNAL CODE OF BUSINESS CONDUCT AND ETHICS FOR ALL DIRECTORS AND EMPLOYEES, INCLUDING POLICIES ON TRADING IN THE ENTITY’S LISTED SECURITIES
Lanka Realty Investments PLC (the “Company”) is committed to conducting its business with the highest standards of integrity, transparency, and accountability. To achieve these goals, it is essential that all Directors and employees adhere to a clear and comprehensive code of conduct that governs ethical behavior in every aspect of their professional responsibilities. The Internal Code of Business Conduct and Ethics establishes the ethical principles and standards that must guide all actions, decisions, and interactions within the Company and with external stakeholders. This policy outlines the expectations for personal and professional conduct, fostering a culture of honesty, fairness, and respect. It encompasses critical areas such as conflict of interest, confidentiality, compliance with laws, and the protection of Company assets. Additionally, it includes specific guidelines for the trading of the Company’s listed securities, ensuring that all individuals comply with insider trading regulations and avoid any appearance of impropriety. By adopting this policy, the Company seeks to create a workplace environment where ethical decision-making is a fundamental priority and where Directors and employees are empowered to act in the best interests of the Company, its shareholders, and other stakeholders. The Company is committed to enforcing this code and ensuring that all Directors and employees are held accountable for maintaining the highest ethical standards in every aspect of their work.
-POLICY ON CODE OF CONDUCT AND ETHICS FOR DIRECTORS AND EMPLOYEES, INCLUDING SECURITIES TRADING
POLICY ON RISK MANAGEMENT AND INTERNAL CONTROLS
Lanka Realty Investments PLC (the “Company”) recognizes that effective risk management and robust internal controls are critical to the Company’s ability to achieve its strategic objectives, safeguard its assets, and ensure long-term sustainability. As a dynamic organization operating across diverse sectors such as real estate, tourism the Company faces a range of risks that could impact its financial performance, reputation, and operational integrity. This policy aims to establish a comprehensive framework for identifying, assessing, mitigating, and monitoring risks across all business functions, while ensuring that appropriate internal controls are in place to promote transparency, accountability, and compliance with regulatory requirements. The Company is committed to fostering a risk-aware culture, where proactive risk management is integrated into decision-making processes at all levels of the organization. By implementing this Risk Management and Internal Controls Policy, the Company seeks to not only minimize potential threats but also capitalize on opportunities, ensuring that the Company can respond effectively to an ever-changing business environment and protect the interests of its shareholders, employees, and other stakeholders.
-POLICY ON RISK MANAGEMENT AND INTERNAL CONTROLS
POLICY ON RELATIONS WITH SHAREHOLDERS AND INVESTORS
Lanka Realty Investments PLC (the “Company”) recognizes that effective risk management and robust internal controls are critical to the Company’s ability to achieve its strategic objectives, safeguard its assets, and ensure long-term sustainability. As a dynamic organization operating across diverse sectors such as real estate, tourism the Company faces a range of risks that could impact its financial performance, reputation, and operational integrity. This policy aims to establish a comprehensive framework for identifying, assessing, mitigating, and monitoring risks across all business functions, while ensuring that appropriate internal controls are in place to promote transparency, accountability, and compliance with regulatory requirements. The Company is committed to fostering a risk-aware culture, where proactive risk management is integrated into decision-making processes at all levels of the organization. By implementing this Risk Management and Internal Controls Policy, the Company seeks to not only minimize potential threats but also capitalize on opportunities, ensuring that the Company can respond effectively to an ever-changing business environment and protect the interests of its shareholders, employees, and other stakeholders.
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POLICY ENVIRONMENTAL,SOCIAL AND GOVERNANCE SUSTAINABILITY
Lanka Realty Investments PLC (the “Company’) is committed to integrating Environmental, Social, and Governance (ESG) principles into its business practices, recognizing that long-term sustainability is critical to the Company’s success and its impact on society and the environment. This ESG Sustainability Policy reflects the Company’s dedication to minimizing its environmental footprint, promoting social responsibility, and upholding the highest standards of corporate governance. Through responsible management of resources, engagement with stakeholders, and ethical leadership, Lanka Realty Investments PLC aims to foster sustainable growth while contributing positively to the communities in which it operates. By embedding ESG considerations into decision-making and operations, the Company seeks to create long-term value for its shareholders, employees, customers, and society at large, while ensuring compliance with all relevant regulations and industry standards.
-POLICY ENVIRONMENTAL, SOCIAL AND GOVERNANCE SUSTAINABILITY
POLICY ON CONTROL AND MANAGEMENT OF COMPANY ASSETS AND SHAREHOLDER INVESTMENTS
Lanka Realty Investments PLC (the “Company”) is committed to maintaining the utmost standards of control and management over its assets and shareholder investments. This Policy on Control and Management of Company Assets and Shareholder Investments establishes a comprehensive framework to safeguard the Company’s resources while maximizing shareholder value. By implementing robust controls and best practices, the Company aims to ensure the responsible stewardship of its assets, mitigate risks, and promote transparency in its financial operations. This policy reflects the Company’s dedication to ethical management, accountability, and compliance with all applicable laws and regulations, fostering confidence among shareholders and stakeholders alike in the Company’s long-term growth and stability.
-POLICY ON CONTROL AND MANAGEMENT OF COMPANY ASSETS AND SHAREHOLDER INVESTMENTS
POLICY ON CORPORATE DISCLOSURE
Lanka Realty Investments PLC (the “Company”) is committed to maintaining the highest standards of transparency, accuracy, and accountability in all its communications with stakeholders. In line with our corporate values and regulatory obligations, we recognize the importance of timely and comprehensive disclosures that provide clear, consistent, and reliable information. This Corporate Disclosure Policy is designed to ensure that all material information regarding the Company's performance, governance, and strategic developments is disclosed in an accurate, fair, and easily accessible manner. By adhering to this policy, we aim to build and maintain the trust of our shareholders, regulators, employees, and the public, ensuring that Lanka Realty Investments PLC upholds its responsibility to communicate with integrity and in accordance with all applicable legal and regulatory requirements.
-POLICY ON CORPORATE DISCLOSURE
POLICY ON WHISTLEBLOWING
Lanka Realty Investments PLC (the “Company”) is committed to maintaining the highest standards of transparency, accuracy, and accountability in all its communications with stakeholders. In line with our corporate values and regulatory obligations, we recognize the importance of timely and comprehensive disclosures that provide clear, consistent, and reliable information. This Corporate Disclosure Policy is designed to ensure that all material information regarding the Company's performance, governance, and strategic developments is disclosed in an accurate, fair, and easily accessible manner. By adhering to this policy, we aim to build and maintain the trust of our shareholders, regulators, employees, and the public, ensuring that Lanka Realty Investments PLC upholds its responsibility to communicate with integrity and in accordance with all applicable legal and regulatory requirements.
POLICY ON ANTI-BRIBERY AND CORRUPTION
Lanka Realty Investments PLC (“the Company”) is committed to conducting its business ethically, transparently, and in full compliance with all applicable laws and regulations. As part of this commitment, we uphold the highest standards of integrity in all our operations and relationships. We believe that corruption and bribery undermine trust, distort markets, and hinder sustainable economic growth. This policy reflects our zero-tolerance approach towards any form of bribery or corruption and aims to guide our employees, partners, and stakeholders in fostering an environment of honesty, accountability, and fairness. Every individual associated with the Company is expected to adhere to these principles, ensuring that our business activities are carried out in a manner that upholds our reputation and protects the interests of our shareholders, customers, and the communities we serve.