- GCG Principles
- Code of Business Ethics
- Governance’s Policy
- General Meeting of Shareholders
- Audit Commitee
- Nomination, Remuneration, & Good Corporate Governance (GCG) Committee
- Corporate Secretary
- Internal Control System
- Internal Audit
- Risk Management
- External Audit
- Access to Company’s Information and Data
- Whistleblowing Reporting System
- Important Matter
- ASEAN CG Scorecard
General Meeting of Shareholders
GMS is a forum for shareholders to participate in developing the Company through the decisions and directions given in the GMS. Important decision-making in the GMS is related to the amendment of the Company’s Articles of Association, approval of financial statements, appointments and dismissals of members of the Board of Commissioners and Board of Directors, performance appraisal of the Board of Commissioners and Board of Directors, and determination of the remuneration for members of the Board of Commissioners and Board of Directors by taking into account the provisions of the Articles of Association and the Law of Limited Liability Company.
Information on Major Shareholders and Controlling Shareholders
Shareholders have the highest position in a Good Corporate Governance structure. PT Pelabuhan Indonesia II (Persero) is the Major and Controlling Shareholder in the Company’s governance, which in its implementation, the authorization is grantedto the Board of Directors of PT Pelabuhan Indonesia II (Persero). A more detailed description of the Information and the structure of the Major and Controlling Shareholders are described in the Profile Chapter of the “Shareholders’ Structure” section of this Annual Report.
Stages of GMS Implementation
The stages of GMS implementation are carried out in accordance with the prevailing provisions, in terms of time preparation and materials to be used in the GMS. The Company has carried out a GMS implementation standard as follows.
Voting Technical Procedures
Resolutions of the Meeting are held by deliberation to reach consensus. If deliberations for consensus are not reached, a vote will be held by following the number of shares that disagreed, abstained, or agreed.
GMS in 2020
The Company conducted two GMSes in 2020 i.e., Annual GMS and Extraordinary GMS. The Annual General Meeting of Shareholders was held on Wednesday, 15 July 2020, at the Financial Club, Graha CIMB NIAGA.