Good Corporate Governance


As a public company, we are committed to uphold professional ethics and to conduct businesses in accordance with the principles of Good Corporate Governance (GCG). Our vision and mission emphasize integrity as the value to be implemented in all activities conducted by the Company. The Internal Audit Unit (SKAI) performed its duties accordingly under the direction and supervision of the Audit Committee. The Company has conducted a risk-based audit to ensure that operating procedures, regulations and internal control system are in compliance with established standards.

Transparency means openness and a willingness by the Company to provide clear information to shareholders and other stakeholders. In order to maintain objectivity in performing business, the Company provides Financial Statement, Investor Information, and other materials or relevant information which have been stored in company website, to ease Shareholders, Stakeholders, and the public to access the data; as well as written in every Annual Report of the Company. Those informations are disclosed in a timely, adequately, accurately, and clearly.

This principle refers to the responsibility of the Management to the Shareholders and other stakeholders regarding Company’s objectives, strategies, and achievements. Accountability is required to maintain consistency in performing duties. It also entails the Management to provide reports of all Company’s activities and decisions, especially in financial administration to the Board, Shareholders, and interested parties. The Management should also reveal if any unachieved goals and the reason.

Responsibility is to show the conformity and compliance of the Company’s management with the applicable rule of laws and regulations. It is implemented through various seminars and workshops for every level of employees. It shows the same opportunity to grow together in the Company. Furthermore, as a good corporate citizen, the Company also implements its responsibility toward sustainablity of the environment, public welfare and healthy living.

Independence refers to the Company’s action in managing its business in a professional manner without any conflict of interest and influences or presssure from any party that is in contravention with the laws and regulations. It shows every decision which is made by the Company is objective by considering many aspects but free from pressure of any third parties.

In this principle, the Management is required to provide the equitability for all the shareholders, either the major shareholder or the minor and ensure that the shareholders and stakeholders have the same rights. Therefore, the Company always provides the same opportunity in voting in the AGM for all shareholders; Besides that, the Company also provides the same opportunity to all stakeholders by providing regularly training, seminar, or workshop for all levels