The Company is committed to always improve the quality of corporate governance best practice application or Good Corporate Governance (“GCG”). The enhancement of the quality of policies and GCG practices in line with the values adopted by the Company in the business process, control and standard operation procedure, is expected to keep the balance of interests between the Shareholders and other Stakeholders.
|The Company was successful in maintaining its Good Corporate Governance (“GCG”) achievement by awarded as “One of the 50 Companies with the Best GCG” by Indonesian Institute for Corporate Directorship (IICD) for the last 3 years. This award announced on November 16, 2015 at Hotel Indonesia Kempinski, Jakarta. At this event, the Company keep maintain its position in the ranked of 31-40.|
Indonesian Institute for Corporate Directorship (IICD) is the Domestic Ranking Body ASEAN Corporate Governance Scorecard (ASEAN CG Scorecard) in Indonesia, performed a Corporate Governance Assessment on 100 public listed company with the largest market capitalization in 2012 which is sponsored by Asian Development Bank, that which is later appointed by Financial Services Authority (OJK) to continue the assessment. ASEAN CG Scorecard is also used in other ASEAN countries such as Malaysia, Philippines, Singapore, Thailand and Vietnam.