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 2018 (“2018 Code”) which was revised on 6 August 2018 and accompanying the Practice Guidance, which supersedes the existing Code of Corporate Governance issued in 2012.

Our Annual Report includes a Corporate Governance Statement that describes the practices the Company has adopted and undertaken with respect to each of the principles and guidelines and the extent of its compliance with the 2018 Code and should be read as a whole, instead of being read separately under the different principles of the 2018 Code. The Company has complied in all material aspects with the principles and guidelines set out in the 2018 Code and any deviations are explained in this report.