| WHEREAS. pursuant to the State declared policy of treating Government-Owned or -Controlled Corporations (GOCCs) as significant tools for economic development and the statutorily-mandated obligation of the State to ensure that the governance of GOCCs is carried out in a transparent responsible and accountable manner and with the utmost degrees of professionalism and effectiveness under governing boards which are compenent to carry out their functions fully accountable to the State as its fiduciaries and always acting for the best interests of the State. the Governance Commission for GOCCs (GCG) in the exercise of its mandate under Section 5(c) of Republic Act No 10149. approved the CODE OF CORPORATE GOVERNANCE FOR GOCCs ("CODE") at its En Banc meeting held on 26 April 2012 for formal submission to the President of the Philippines for His Excellency's approval of what would constitute as an organic document for the GOCC Sector. |
Item VIII. DISCLOSURE AND TRANSPARENCY REQUIREMENTS
Section 43. Mandatory Website - In accordance with Section 25 of the Act, all GOCCs shall maintain a website and post therein for unrestricted public access:
1. On Institutional Matters
For Chartered GOCCs, The Latest Version Of Its Charter
A. For Non-Chartered GOCCs, the latest General Information Sheet (GIS) and brief company background including date of incorporation, history, functions and mandate
B. List of Subsidiaries and Affiliates
C. Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01
D. MSI Articles of Incorporation
2. On The Board And Officers
A. Complete Listings of the Directors and officers with attached resume, and their membership in Board Committees
B. Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowances
C. Information on Board Committees and their See page 11-12, of 2018 Annual Report
D. Attendance Record of Directors in Board and Committee Meetings
- CY 2018
- CY 2017
- CY 2016
- CY 2015
- CY 2014
3. On Financial and Operational Matters
A. Latest Annual Audited Financial and Performance Report within thirty (30) days from receipt of such report
B. Audited Financial Statements in the immediate past three (3) years
C. Quarterly, and Annual Reports and Trial Balance
D. Current Corporate Operating Budget (COB)
E. Local and Foreign Borrowings - NOT APPLICABLE
F. Government subsidies and net lending - NOT APPLICABLE
G. Any material risk factors and measures taken to manage such risk
Material Risk Factors and Measures to Manage Risk
H. Performance Evaluation System
4. On Governance Matters
A. Charter Statement/Mission-Vision Statements
B. Performance Scorecard and Strategy Map
C. Organizational Chart
D. Manual of Corporate Governance
E. CSR Statement
F. Balance Scorecard
Adoption of No Gift Policy pursuant to Section 29 of GCG MC. No. 2012-07
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