Modernland - Commisioners Work Guidance

Corporate Governance

Commisioners Work Guidance

PIAGAM DEWAN KOMISARIS		BOARD OF COMMISSIONERS CHARTER

PT Modernland Realty Tbk		PT Modernland Realty Tbk

Piagam Dewan Komisaris merupakan pedoman kerja dan kode etik yang berlaku bagi seluruh anggota Dewan Komisaris PT Modernland Realty Tbk (“Perseroan”) dalam melaksanakan tugas dan tanggung jawabnya. Piagam Dewan Komisaris disusun mengacu pada Visi, Misi dan Anggaran Dasar Perseroan serta ketentuan, peraturan dan perundang-undangan yang berlaku, khususnya Peraturan Otoritas Jasa Keuangan Nomor 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik dan Surat Edaran Otoritas Jasa Keuangan Nomor 32/SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan Terbuka.		The Board of Commissioners Charter (BOC Charter) is a work and ethical guideline that is applicable to all members of the Board of Commissioners of PT Modernland Realty Tbk (“the Company”) in conducting their duties and responsibilities. The Board of Commissioners Charter has been established by referring to the Vision, Mission, and Articles of Association of the Company and the prevailing laws, regulations, and rules, in particular the Financial Services Authority (OJK) Regulation No. 33/POJK.04/2014 on Board of Directors and Board of Commissioners of Issuers or Public Companies, and OJK Circular No. 32/SEOJK.04/2015 on Guideline for Governance of Public Companies.
Piagam Dewan Komisaris mengatur terkait Tugas dan Tanggung Jawab, Wewenang, Peran dan Fungsi, Ketentuan Umum Jabatan Anggota Komisaris, Masa Jabatan, Asas dan Etika Kerja, Rapat dan Pelaksanaanya, Laporan, Kerahasian dan Informasi Orang Dalam, Transparansi, Self Assessment, Tata Kerja Hubungan Dewan Komisaris dan Direksi serta Ketentuan Lain.		The Board of Commissioners Charter stipulates the Duties and Responsibilities, Authority, Role and Function, General Provisions for the Position of Commissioners, Term of Office, Principle and Code of Conduct, Meetings and Conduct of Business, Report, Confidentiality and Insider Information, Transparency, Self Assessment, Procedures for the Relationship of the Board of Commissioners and the Board of Directors, and Miscellaneous Provisions.
Peran dan Fungsi Dewan Komisaris menjelaskan tugas dan tanggung jawab Dewan Komisaris sebagai organ pengawas dalam melakukan fungsi pengawasan terhadap seluruh tindakan pengurusan Perseroan yang dilakukan oleh Direksi dan pelaksanaan tugas-tugas khusus yang dilimpahkan oleh Rapat Umum Pemegang Saham (“RUPS”) dan ketentuan perundang-undangan yang berlaku. Dewan Komisaris juga melaksanakan fungsi konsultasi dan dapat memberikan nasihat kepada Direksi dan komite-komite khusus yang dibentuk oleh Dewan Komisaris. Dewan Komisaris bertanggung jawab kepada RUPS atas kegiatan pengawasan yang telah dilakukan terhadap Direksi dan pengawasan terhadap kebijakan serta kegiatan manajemen Perseroan serta pengawasan atas pelaksanaan tata kelola perusahaan yang baik dan kepatuhan Perseroan terhadap ketentuan dan perundang-undangan yang berlaku.		The Role and Function of the Board of Directors section stipulates the duties and responsibilities of the Board of Commissioners as a supervisory body to conduct supervision on all of the Company’s management conducted by the Board of Directors, and the execution of specific duties from the Beneral Meeting of Shareholders (“GMS”) and the prevailing regulations. The Board of Commissioners also conducts the function of consultation and may advise the Board of Directors and the specific committees establsihed by the Board of Commissioners. The Board of Commissioners is accountable to the GMS for the supervision on the Board of Directors and on the policies as well as the Company’s managerial activities, and on the implementation of good corporate governance and compliance with the prevailing laws and regulations.
Ketentuan Umum Jabatan Anggota Komisaris menjelaskan komposisi dan persyaratan dan kriteria khusus yang dapat diangkat menjadi anggota Komisaris Perseroan sesuai ketentuan dan peraturan yang berlaku di pasar modal dan ketentuan tentang rangkap jabatan yang dapat dijabat oleh Dewan Komisaris pada emiten/perusahaan terbuka lainnya.		The General Provisions for the Position of Commissioners section stipulates the composition and requirements and specific criteria for appointing members of the Board of Commissioners of the Company in line with the prevailing rules and regulations in the capital market, and the provisions on concurrent positions allowed for members of the Board of Commissioners at other public companies/issuers.
Masa jabatan menjelaskan proses pengangkatan dan waktu berlakunya, periode jabatan dan program pengenalan pada saat pertama kali diangkat menjadi anggota Komisaris Perseroan.		The Term of Office section stipulates the selection and nomination processes, term of office, and orientation program for new members of the Board of Commissioners.
Asas dan Etika Kerja menjelaskan fungsi dan kewenangan Anggota Komisaris yang wajib dilakukan dengan itikad baik dan menjunjung tinggi independensi, obyektifitas, integritas, dedikasi, professional, kompetensi, komitmen dan konsistensi serta partisipasi aktif dalam rapat-rapat, termasuk di dalamnya kemampuan untuk menyampaikan, memberikan argumentasi dan memberikan solusi mengenai isu-isu strategis Perseroan. Asas dan Etika Kerja juga mengatur terkait penyalahgunaan informasi penting yang berkaitan dengan Perseroan untuk keuntungan pribadi dan kesediaan untuk mengundurkan diri sebagai anggota Dewan Komisaris Perseroan apabila terbukti terlibat dalam kejahatan keuangan atau melanggar Anggaran Dasar Perseroan dan/atau peraturan yang berlaku.		The Principle and Code of Conduct section stipulates the functions and authority of the Board of Commissioners that must be carried out in good faith and by upholding independence, objectivity, integrity, dedication, professionalism, competence, commitment, and consistency, as well as active participation in meetings, including the ability to convey, provide argument and solution for the Company’s strategic issues. The Principle and Code of Conduct section also stipulates the prohibition for misusing material information related to the Company for personal benefit, and the willingness to resign as member of the Company’s Board of Commissioners should they be proven to have been involved in a financial crime or to have violated the Company’s Articles of Association and/or the prevailing laws and regulations.
Rapat dan Pelaksanaannya menjelaskan teknis pelaksanaan rapat Dewan Komisaris yang mencakup pengaturan terkait frekuensi rapat, proses pengambilan keputusan, pemimpin rapat dan penyusunan risalah rapat Dewan Komisaris.		The Meeting and Conduct of Business section stipulates the technical procedures for conducting the Board of Commissioners meetings, covering issues such as meeting frequency, meeting summons, the chairperson of the meeting, and the preparation of the minutes of meeting.
Laporan menjelaskan tanggungjawab Dewan Komisaris dalam menyusun Laporan Tugas Pengawasan Dewan Komisaris yang mengulas tentang penerapan praktik pengelolaan Perseroan yang baik (good corporate governance) serta ulasan dalam ruang lingkup strategis, program dan realisasi tugas pengawasan Dewan Komisaris yang telah dilakukan selama satu tahun yang menjadi bagian dari Laporan Tahunan Perseroan yang ditandatangani oleh seluruh anggota Dewan Komisaris serta disampaikan kepada RUPS setahun sekali.		The Report section stipulates the responsibility of the Board of Commissioners to prepare supervisory report of the Board of Commissioners, which discusses the implementation of good corporate governance principles and review on the strategy, programs, and implementation of the Board of Commissioners’ supervision conducted in the course of one full year. The report shall be a part of the Company’s Annual Report, that is signed by all members of the Board of Commissioners and is submitted to the GMS once a year.
Kerahasiaan dan Informasi Orang Dalam menjelaskan etika anggota Dewan Komisaris berdasarkan perundang-undangan dan/atau peraturan yang berlaku, dalam menjaga kerahasiaan informasi penting yang berkaitan dengan Perseroan dan larangan untuk mempergunakan informasi penting tersebut untuk keuntungan pribadi.		The Confidentiality and Insider Information section stipulates the code of conduct for the Board of Commissioners, as stipulated by the prevailing laws and regulations, in maintaining confidentiality of important information in line with the prevailing laws and regulations related to the Company, and the prohibition for misuse of such material information for personal gain.
Transparansi menjelaskan kewajiban Dewan Komisaris dalam mengungkapkan kepada Perseroan keterangan mengenai kepemilikan saham baik di dalam maupun di luar Perseroan termasuk jabatan sebagai anggota Dewan Komisaris maupun Komite di perusahaan lain serta kewajiban untuk mengungkapkan setiap keadaan yang menciptakan kemungkinan terjadinya benturan kepentingan.		The Transparency section stipulates the obligation of the Board of Commissioners to disclose to the Company their share ownership in the Company as well as in other companies, including to disclose their concurrent positions as member of the Board of Commissioners or committees at other companies, and the obligation to disclose any condition that may create a conflict of interest.
Self Assessment menjelaskan pelaksanaan self assessment Dewan Komisaris dan tolok ukur dalam pelaksanaan self assessment yang dilakukan secara periodik yang dipandang perlu atau sebelum tahun buku berjalan berakhir.		The Self Assessment section stipulates the self-assessment mechanism for the Board of Commissioners, and the criteria for self-assessment to be conducted periodically as deemed necessary or prior to the end of the current year.
Tata Kerja Hubungan Dewan Komisaris dan Direksi menjelaskan Hubungan kerja yang baik antara Dewan Komisaris dan Direksi yang merupakan salah satu hal yang sangat penting agar masing-masing Organ Perseroan tersebut dapat bekerja sesuai dengan tugas, wewenang dan tanggung jawabnya secara efektif dan efisien. Tata kerja hubungan kerja yang baik antara Dewan Komisaris dan Direksi dilakukan sesuai dengan Anggaran Dasar Perseroan, Kebijakan Internal Perseroan serta ketentuan dan peraturan yang berlaku.		The Procedures for the Relationship of the Board of Commissioners and the Board of Directors section stipulates the desired relationship between the Board of Commissioners and the Board of Directors, which is important to ensure that each organ of the Company may work in accordance with their respective duties, authority, and responsibilities in an effective and efficient manner. The procedures for the relationship of the Board of Commissioners and the Board of Directors are implemented in alignment with the Company’s Articles of Association, the Company’s Internal Policies, and the prevailing laws and regulations.
Ketentuan Lain-Lain menjelaskan pemberlakuan Piagam Dewan Komisaris, komitmen Dewan Komisaris dalam mematuhi seluruh ketentuan dalam Piagam serta ketentuan Anggaran Dasar atau ketentuan peraturan dan perundang-undangan yang lebih diutamakan jika terdapat ketentuan dalam Piagam Dewan Komisaris yang bertentangan.		The Miscellaneous Provisions section stipulates the enactment of the Board of Commissioners Charter, the Board of Commissioners’ commitment to complying with the provisions in the Charter, and the provisions in the Articles of Association and other laws and regulations that must be prioritized over the provisions in the Board of Commissioners Charter, should any conflict between the provisions arise.