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Corporate Governance

UM Group - Governance by Intelligence and Ethics.

The Top management at UM Group believes in structuring, operating and controlling the Flagship and Group companies with a view to achieving long term strategic goals to satisfy every individual.

The management puts in continuous efforts to devise and refine its set of processes, customs, policies, laws and practice affecting the way the Group is directed, administered or controlled. The management is always keen to include opinions and feedback of the employees at all levels of functionality to devise strategies and define objective for which the Group is governed.

UM Group and its team of self driven, skilled and experienced management with a heritage of professional approach to all business, puts in every effort to ensure the accountability of all individuals in the organization through well laid down mechanisms.

At UM the Top Management defines its governance as 'an internal system enveloping and extending policies, processes and people, which serves the needs of employees and customers, by directing and controlling management activities with good business ethics, objectivity and integrity.’ It believes that sound corporate governance is reliant on external marketplace commitment and legislation, plus a healthy board culture which safeguards policies and processes.

 

 

 

1986: Started Business in Engineering & Heavy Fabrication.
1990: Set-up Lighting Components Business.
1993: Set up Infrastructure Projects Division
1994: Set up Rubber Components Unit
1996: Acquired Alpha Toyo & Nikko Auto
2000: Acquired and turned around Trading Engineers: an ailing Genset manufacturing unit, now profitable and growing.
2004: Establishment of R&D centre at HO and Heavy Engineering Works.
2007: Joint venture with Technical Resources EST of  AL Bawardy Group U.A.E.
2009: Joint venture with ZADI CEV.
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