Good Corporate Governance (GCG)

Hutama Karya Infrastruktur is fully committed to implementing good corporate governance (GCG) practices in accordance with the regulations and rules set for state-owned enterprises. The company is also committed to continuously updating its knowledge of new regulations issued by regulators to ensure ongoing compliance with governance obligations to the parent entity as the controlling shareholder and relevant regulators.

The Company's GCG principles are based on the Regulation of the Minister of State-Owned Enterprises Number PER-02/MBU/03/2023 on the Guidelines for Corporate Governance and Significant Corporate Activities of State-Owned Enterprises.

Transparency

Openness in the decision-making process, disclosure of material and relevant information about the company

Accountability

Clarity of functions, implementation, and accountability of the company’s organs.

Responsibility

Compliance with applicable laws and healthy corporate principles.

Independency

Professional management of the company without conflicts of interest and without influence or pressure from any party that is inconsistent with the laws and regulations

Fairness

Justice and equality in fulfilling the rights of stakeholders based on agreements and legal provisions.

Objectives of GCG Implementation

Objectives of GCG Implementation
  • Optimize the company's value for shareholders while considering stakeholder interests.
  • Empower and ensure the independence of the company’s organs so decisions are made based on high moral values and compliance with laws.
  • Encourage and support the careful, accountable, and responsible management of company risks in line with GCG principles.
  • Promote the implementation of check-and-balance mechanisms in every business function at all levels.
  • Foster professional, effective, efficient, and cultural management to achieve the company's vision and mission.
  • Enhance the company’s national and international image, improving competitiveness, market trust, investment flows, and sustainable national economic growth.