Samindo Resources is a prominent investment holding corporation and also a public listed company in Indonesia, engaged in integrated coal mining services industry. As an integrated coal mining service company, we deliver the service that can provide solutions in every stage of coal mining operation.
The scope of Samindo Resources business includes four main activities in an integrated coal mining process. The company owns the majority of shares in four subsidiaries and operates two mining concessions in the province of East Kalimantan.
Samindo Resources shares are owned by various leading entities. Our goal is to create shareholder value in the long run by ensuring that we always stride for better performance.
Good Corporate Governance (GCG) is a reference for companies in running their daily operations to ensure that their operations are well manage. In line with the increased activity undertaken by PT Samindo Resources Tbk, the application of GCG principles is also increasing.
The practice of Corporate Social Responsibility (CSR) has the primary purpose of ensuring that the social interests of various stakeholder groups of Samindo Resources can be fulfilled appropriately and proportionately, especially for people living around the Company’s working environments.
Based on the Law of the Republic of Indonesia No. 40/2007 on Limited Liability Company (“Company Law”), a Company’s structure consists of General Meeting of Shareholders, the BOC, and the BOD. The shareholders through the GMS represent the highest structure in the company.
The shareholders will place their representatives as the BOD members of the company in managing it. The supervision of the BOD is a function assumed by the BOC. However, the BOC and BOD bear the responsibility to maintain the business continuation of the company in the long run. Therefore, the BOC and the BOD are required to have the same perception on the company vision and mission.
To help implement its duties, the BOC is assisted by several committees established by the BOC itself to support them in supervising the BOD. The organizational structure is setup with the consideration of effective and efficient implementation.
The relationship of the structure within the company are shown below:
