Disclosure

Introduction

As Disclosure & Transparency is one of the most important principles of Corporate Governance, SOOR is committed to provide timely, consistent & accurate information to its stakeholders to enable them to understand its governance, strategy, policies, activities & practices. Disclosure & Transparency policy is approved by SOOR Board of Directors that provides guidelines for effective disclosure & transparency practices.

Purpose

The purpose of the Disclosure and Transparency Policy is to enhance the accountability of SOOR Fuel Marketing Company towards its stakeholders by giving access to the information that will enable them to understand its governance, strategy, policies, activities, and practices.

• SOOR is strongly committed to adopting disclosure and transparency standards in both its financial and non-financial information.
• SOOR is strongly committed to adopting disclosure and transparency standards in both its financial and non-financial information.
 • Transparency is essential for sound and effective corporate governance. The governance of SOOR should be adequately transparent to its shareholders, depositors, other relevant stakeholders and market participants to aid them in effectively monitoring and properly hold accountable the Board of Directors and senior management.
 • The guidelines for effective management of disclosure and transparency would contain the type of disclosures, organizing the disclosure process and control over the process.

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