Jakarta, December 8, 2025. PT Jasa Armada Indonesia Tbk (IDX: IPCM), a subsidiary of Pelindo Group, proudly achieved remarkable success at the 2024 Annual Report Award (ARA) held at the Indonesia Stock Exchange (IDX) in Jakarta. IPCM secured three prestigious accolades: First Place in the SOE Cluster 1T–5T, Overall Winner in the 1T–5T Cluster, and Overall Winner in the Non-Financial Public Company category.
The awards were personally received by IPCM President Director, Shanti Puruhita, accompanied by President Commissioner R.R. Dewi Ariyani, Commissioner F. Budi Prayitno, Independent Commissioners Doni Istyanto Hari Mahdi and Mitchell Julius Tupamahu, as well as Director of Fleet and Operations Arief Hermawan and Director of Finance, HR & Risk Management Dessy Emastari Prihatiningtyas, during the ceremony at the IDX Building on Monday (December 8).
ARA 2024, returning this year, is an annual event that evaluates the quality of Annual Reports and Sustainability Reports for the 2024 fiscal year. It is organized through collaboration between the National Committee on Governance Policy (KNKG) and seven institutions: the Financial Services Authority (OJK), the Coordinating Ministry for Economic Affairs, the Ministry of Home Affairs, the State-Owned Enterprises Regulatory Agency, the Directorate General of Taxes of the Ministry of Finance, IDX, and the Indonesian Institute of Accountants (IAI).
With the theme *“Leading with Integrity, Transparency, and Accountability: The Path to a Sustainable Future”*, ARA 2024 emphasizes that Annual Reports are no longer seen merely as regulatory obligations but as vital instruments for investors and stakeholders to assess governance quality and business sustainability. This year’s evaluation highlighted disclosure not only in terms of regulatory compliance but also in how integrity is embedded into corporate strategy to positively impact reputation and long-term sustainability.
A total of 206 companies registered for ARA 2024, marking a 23 percent increase from the previous year. Following a rigorous selection process, 171 companies were comprehensively assessed through desk evaluations and direct interviews with company leaders. The assessment referred to updated standards including POJK 51/2017, SEOJK 16/2021, the Indonesian Corporate Governance Code (PUGKI) 2021, and the ASEAN Corporate Governance Scorecard (ACGS).
For the first time, participants were grouped into three revenue clusters (<1 trillion, 1–5 trillion, >5 trillion). Participation was diverse, with 71 public companies, 100 non-public companies, 50 financial sector firms, 121 non-financial sector firms, and 105 SOEs. IPCM competed in the 1–5 trillion revenue cluster, as an SOE and non-financial public company.
ARA 2024 Jury Chair Lindawati Gani highlighted that this year’s evaluation placed greater emphasis on transparent disclosure, integrity, and integrated thinking. Companies were assessed on their ability to internalize sustainability strategies into business processes, producing Annual Reports that are not only informative but also compelling to the jury. This approach enables companies to showcase competitive advantages while delivering added value to stakeholders.
“This year’s judging process was conducted independently and professionally, maintaining objectivity in line with good governance principles, under the oversight of KNKG leadership,” Lindawati stated.
The recognition underscores IPCM’s strong commitment to preparing Annual Reports that uphold the highest standards of integrity, transparency, and accountability, while reflecting solid governance and sustainability practices. This achievement further strengthens IPCM’s position as a modern and credible national maritime services company. Amid the dynamic maritime industry, IPCM’s success at ARA 2024 demonstrates its ability to operate efficiently while maintaining compliance with sustainable governance and reporting standards.
On behalf of the Board of Commissioners, President Commissioner R.R. Dewi Ariyani expressed appreciation: “I extend my congratulations and gratitude to the Board of Directors, management, and all IPCM personnel. This award belongs to all of us and serves as motivation to continue delivering the best performance while maintaining IPCM as a modern, competitive, and trustworthy company.”
President Director Shanti Puruhita also conveyed her gratitude: *“This award is the result of the hard work of all IPCM personnel who remain committed to upholding the highest standards of governance. We believe that the Annual Report is not merely a regulatory requirement but an essential part of transparency and accountability to stakeholders. This achievement motivates us to continuously improve the quality of reporting and company performance going forward.”
