Jakarta, October 15, 2019 – PT Selamat Sempurna Tbk (IDX: SMSM) announces The Company has received "Best Overall Mid Market Capitalization Public Listed Companies" and "Top 50 The Mid Market Capitalization Public Listed Companies" categories at "The 11th Indonesia Institute for Corporate Directorship (IICD) Corporate Governance Conference & Award 2019". The awarding ceremony was held on October 14, 2019 at Grand on Thamrin Ballroom, Pullman Hotel Jakarta.
SMSM is increasingly aware of the importance Good Corporate Governance (GCG) principles and has a strong commitment on the implementation of GCG principles which in addition to adding value added to all stakeholders, it also helps facing the risks and challenges in the manufacture industry. The award recognizes SMSM to continue improving GCG practices, notably information disclosure and accountability to its shareholders.
The 11th IICD Corporate Governance Award 2019 is annual award initiated by Indonesian Institute for Corporate Directorship (IICD) in collaboration with Investor Magazine, given to corporations for their high commitment in Good Corporate Governance (GCG). Under the theme of "Empowering BOC and Its Committees to Ensure GCG Implementations", this time, the award highlights the importance of comprehensive GCG reforms in regards to improving business performance and the company’s investment climate. It gives appreciation to 200 public companies with the best market capitalization in Indonesia through a number of categories including Best Financial Sector, Best Non Financial Sector, Best State Owned Enterprise, Best Responsibility of the Board, Best Disclosure and Transparency, Best Role of Stakeholders, Best Equitable Treatment of Shareholders, Best Right of Shareholders, and Most Improved.
