In order to promote the implementation of the structure and mechanisms of Corporate Governance, WIKA Beton has a number of Corporate Governance Guidelines arranged based on the applicable Laws and/or regulations, the company's vision & mission, and the business ethics prevailing in Indonesia. Related to this, the aspects of the Corporate Governance Guidelines applicable at WIKA Beton include:
In order to promote the implementation of the structure and mechanisms of Corporate Governance, WIKA Beton has a number of Corporate Governance Guidelines arranged based on the applicable Laws and/or regulations, the company's vision & mission, and the business ethics prevailing in Indonesia. Related to this, the aspects of the Corporate Governance Guidelines applicable at WIKA Beton include:
WIKA Beton was established under the laws of the Republic of Indonesia as stated in the Articles of Association No. 44 dated March 11, 1997, drafted before Achmad Bajumi, S.H., acting as a substitute for Imas Fatimah, S.H., Notary in Jakarta, with the latest amendment documented in the Deed of Amendment to the Articles of Association No. 75 dated May 30, 2024, drafted before Ir. Nanette Cahyanie Handari Adi Warsito, S.H., Notary in South Jakarta. The notification of the amendment to the Company's data was received and recorded by the Minister of Law and Human Rights of the Republic of Indonesia based on Letter No. AHU-AH.01.03-0148744 dated June 19, 2024.
The Company always prioritizes the practice of Good Corporate Governance to realize a management system that supports the creation of business success and accountability, thus requiring guidelines for ethics and behavior as a reference for all WIKA Beton personnel.
The Code of Conduct is the business ethics and behavior arranged in a value system or norm adopted by all WIKA Beton personnel in carrying out their duties to achieve the company's objectives, vision, and mission.
The implementation of Good Corporate Governance refers to the Regulation of the Minister of State-Owned Enterprises No. Per-01/MBU/2011 dated August 1, 2011, Jo. Regulation of the Minister of State-Owned Enterprises No. Per-09/MBU/2012 dated July 6, 2012, concerning the Implementation of Good Corporate Governance in State-Owned Enterprises (SOEs). As a manifestation of the Company's commitment in implementing Good Corporate Governance and compliance with laws and regulations, a Board Manual is made that regulates the working relationship between the Board of Directors and the Board of Commissioners.
The Code of Corporate Governance become the basis and rules in the implementation and application of Good Corporate Governance for Shareholders, the Board of Commissioners, the Board of Directors, and all WIKA Beton employees.
