Tax Corporate Governance (TCG) Certification

HABIB is pleased to announce that the following companies within the Group have been awarded the Tax Corporate Governance (TCG) certificate by the Inland Revenue Board of Malaysia (IRBM) on 9 October 2025 upon meeting the principles and requirements of TCG Framework:

• Habib Jewelry Manufacturing Sdn. Bhd.
• Habib Jewels Sdn. Bhd.
• Habib Jewels Franchise Sdn. Bhd.

This significant milestone reaffirms the Group’s established position as a responsible taxpayer and represents a further advancement in its ongoing efforts to strengthen tax governance and enhance transparency. To this effect, the award reflects the IRBM’s recognition of our commitment to compliance with all relevant tax legislation governed by the IRBM.  

Tax Strategy

The Group’s tax strategy is approved by the Board. The operation of the strategy is managed by the Finance Controller. 

The Group is committed to accurate, complete, and timely tax reporting and payment, supported by a sound tax control framework with clearly defined roles, responsibilities, and appropriate segregation of duties.

Tax risks are identified and managed systematically, and any tax planning undertaken is conducted within the confines of the prevailing tax legislation and guidelines. The Group aims to continue engaging with the IRBM in a transparent, constructive, and cooperative manner to manage tax uncertainties.