PT Profesional Telekomunikasi Indonesia ("Protelindo") is committed to complying with, and even moving beyond, the Good Corporate Governance ("GCG") standards and principles prescribed by the prevailing laws and regulations in Indonesia. Protelindo believes that operating under GCG policies provides added value and protection, as well as transparency, to the shareholders, bondholders and stakeholders. Protelindo’s Corporate Governance framework provides for checks and balances while allowing management flexibility for prompt decision-making in the ordinary course of business.
Apart from simply complying with all legal and regulatory requirements, Protelindo endeavors to apply GCG practices as a key element to enhance its attractiveness and competitiveness in the domestic and foreign equity and debt markets. To provide accountability and transparency to the shareholders, bondholders and lenders, Protelindo delivers financial reports regularly as required by Protelindo’s Articles of Association and capital markets laws and regulations. These reports include periodic financial reports to be delivered to Otoritas Jasa Keuangan (“OJK”) and PT Bursa Efek Indonesia (the “Indonesian Stock Exchange or "IDX"), as well as other relevant reports as specified in the capital markets regulations.
Protelindo continues to monitor compliance with the Principles of GCG as stipulated by OJK and IDX rules.