The Board of Commissioners Charter 2

In conducting its duties and responsibilities, the Board of Commissioners and the Board of Directors stipulate guidelines of work (Charter) which contains the entire corporation law principles, relevant laws and regulations, Shareholders referral and Articles of Associations provision that regulates the Board of Commissioners and the Board of Directors duties and responsibilities. This Charter intends for the Board of Commissioners and the Board of Directors to be better understand its rights and obligations, duties and responsibilities and also regulations in connection with work procedures of the Board of Commissioners and the Board of Directors.

Function and Duties of the Board of Commissioners

  1. To supervise the internal management system and policy;
  2. To develop GCG practice and to ensure its implementation is well for every level in the Company and also to make any adjustment if necessary;
  3. To conduct supervisory for managing the Company by the Board of Directors and to ensure that the Board of Directors has considered the interest of the Shareholders;
  4. To establish Audit Committee and other committees if necessary and also to conduct evaluation for such Committees performance at the end of the year;
  5. To conduct Annual GMS and other GMS in accordance with its authorities as referred to in the regulations and articles of associations.