Corporate Secretary
GOOD CORPORATE GOVERNANCE
In conducting its business and in ensuring steady growth while thoroughly adhering to prevailing laws and regulations, the Company upholds the following 5 GCG principles at all times:
TRANSPARENCY
RESPONSIBILITY
FAIRNESS
INDEPENDENCY
ACCOUNTABILITY
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The Company conducts its business with a high degree of transparency (openness), by providing all of its stakeholders with adequate access to
all relevant and authentic information related to its business in an accurate and timely manner, in keeping with the interest of each stakeholder.
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All decisions made by the executives and the staff of the
Company are entirely the responsibility of the Company. The Company has the responsibility to provide comprehensive
details on the measures that it has taken, to the rightful stakeholders that have requested such a response from the Company.
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The Company ensures that every plan, decision, and
implementation of policies is performed in the interest of the stakeholders, whenever applicable. All operational and financial activities, including the Company’s business development plans, are established, conceived, and
performed in a fair and just manner, by taking into account allfactors that may significantly affect the Company’s business, and without discriminating against parties on the grounds of their affiliations entirely unrelated to the Company’s business.
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The Company prevents any interference of the BOC in all actions of the management and the decisions taken by the management, avoids any transactions with potential conflict of interest, and respects the rights of its minority shareholders by appointing an Independent Commissioner.
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The Company has established certain standardized and
professional protocols for its every activity, and has performed such protocols in line with the prevailing policies in the Company.
As a public company responsible for managing its business in accordance with the interests of its many stakeholders, PT M Cash Integrasi Tbk strives to ensure its compliance with the laws (in particular Law No. 40/2007 on Limited Liability Companies), regulations issued by the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX), as regulators of the financial industry and the capital market, as well as other regulations that are pertinent to the Company’s business.
The implementation of good corporate governance (GCG) practices in the Company is also governed by the provisions in the Company’s Articles of Association, and the principles of GCG.
In accordance with prevailing provisions, the Company has a corporate governance structure that has been formed to ascertain the implementation of GCG and sound business practices that fulfill the requirements set by the regulators. The corporate governance structure consists of:
1. General Meeting of Shareholders (GMS)
2. Board of Commissioners (BOC)