CPVDC  seeks to adhere to a high level of moral conduct and fair dealings with all its shareholders, customers, employees and business partners. The company believes this is the basis and foundation for building long-term, mutually-beneficial relationships.

Shareholder Meeting and Voting Procedures
Stockholders are informed at least fifteen (15) business days in advance of the scheduled date of the general meetings.  Notice of regular or special meetings contain, in addition to the date, the hour and place of the meeting, and a statement of the matters to be transacted at the meeting.  The notice to stockholders also set the date, time and place of the validation of proxies which is prescribed to be no less than five business days prior to the annual stockholders’ meeting.

Each common share of stock entitles the person in whose name it is registered in the books of the Corporation to one vote, provided the conditions as regards payment have been complied with.

Shareholder and Investor Relations
The Company believes that open and transparent communications are requisite for sustained growth and building investor confidence.  Our investor communications program seeks to promote greater understanding of the company’s long-term value creation proposition. 

The Company, through its Finance Division reporting directly to the President,   addresses the various information requirements of the investing public and communicates with minority shareholders through timely and full disclosures to the Philippine Stock Exchange, Annual General Meetings, one-on-one meetings, conference calls, investor visits and tours, web site and emails or telephone calls.   

The Company has updated the Investor Relations section of its Web site to include the organization structure, performance, ownership and governance of the Company.  The section is updated promptly when and as disclosures to the regulatory agencies are made. Proceedings of analysts’ briefings by way of presentations are immediately made available on the web.  

Employee Relations
CPVDC is committed to promoting the safety and welfare of its employees.  It believes in inspiring its employees, developing their talents, and recognizing their needs as business partners. Strong and open lines of communication are maintained to relay the Company’s concern for their welfare and safety, and deepen their understanding of the Company’s value creating proposition.   These are all articulated in the company’s strategic management system, the Balanced Scorecard specifically under the Learning and Growth perspective and also in the Health and Safety Management System certified to OHSAS 18001: 1999 standard.