Governance

Governance

Basic and Purpose of GCG Implementation

Indocement’s GCG has a legal and policy basis that includes the following laws, regulations and guidelines:

1. Law No. 40 of 2007 on Limited Liability Company;
2. Law No. 8 of 1995 on Capital Market;
3. Financial Services Authority Regulation No. 21/ POJK.04/2015 on Implementation of Governance Guidelines for Public Companies;
4. Financial Services Authority Regulation No. 32/ POJK.04/2014 on Planning and Organizing General Meeting of Shareholders of Public Companies;
5. Financial Services Authority Regulation No. 33/ POJK.04/2014 on Board of Directors and Board of Commissioners of Issuers or Public Companies;
6. Circular of Financial Services Authority No. 32/ SEOJK.04/2015 on Guidelines of Corporate Governance for Public Companies;
7. General Guidelines of GCG Indonesia issued by the National Committee of Governance Policy; and
8. Roadmap of Indonesia Corporate Governance issued by the Financial Services Authority.

Based on the laws and regulations, Indocement continues to harmonize and improve the quality of GCG in the Company.

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