WIKA Gedung, one of the six subsidiaries
of PT Wijaya Karya (Persero) Tbk (WIKA), has grown steadily serving
government, SOEs (regional/local governments), loan and private markets
throughout Indonesia. Founded on October 24, 2008, WIKA Gedung started
its business in building construction services and built its reputation
as a leading construction company in Indonesia.
As the initiative move to drive innovation
in construction services, WIKA Gedung continued to expand its business
to property sector in 2013. In line with the shareholders’ direction for
realizing the benefits of business transformation, WIKA Gedung has
expanded its property business to concession which will support the
company's sustainable growth and generate recurring income.
WIKA Gedung has made progress for overall
business transformation efforts with the aim of achieving a successful
implementation of RJP (Long Term Corporate Plan) and RKAP (Work Plan and
Budget) to adapt to the ever-changing business environment.
In 2012, WIKA Gedung focused on
profitability by selectively targeting its customers, implementing the
blue ocean strategy, cost efficiency, and optimizing the capacity of
human resources as the company’s asset (Human Capital). WIKA Gedung
continued to undertake Transformation 2 by expanding its business to
property sector in 2012-2013 and started to execute Transformation 3 by
conducting an IPO (Initial Public Offering) planned for the year of
2017, as part of the company’s long term strategy.
To achieve company’s sustainable growth,
WIKA Gedung prioritizes a high quality product and service, valued-added
delivery, as well as, safety and environment focus for better human's
life. Moreover, the company also builds key principles of stakeholder
engagement as a key to successful business partnerships.
The success of WIKA Gedung performances is
based on a fair and transparent business management, which is
recognized through company’s commitment to implement the highest
standards of GCG (Good Corporate Governance) practice and
design innovation to boost company’s growth and value creation. At the
same time, WIKA Gedung also applies Knowledge Management concept to
achieve company’s objectives by leveraging the best use of information
assets. Wijaya Karya Bangunan Gedung WEGE
Vision
To be preferred partner in creating space for better human's life
Mission
- Quality in product and services.
- Care for life.
- Key stakeholder engagement.
- Good Corporate Governance and ethical business practices.
- Innovation to boost growth and value creation. Wijaya Karya Bangunan Gedung WEGE
The Company's commitment to implementing
GCG is shown by the Company's Vision, Mission and Cultural Values. The
Company's vision to be one of the chosen partners in determining the
space for better human life is realized in the Company's Mission based
on the Company's Cultural values. In realizing the Vision and carrying
out the Mission, the Company always adheres to the principles of GCG,
namely transparency, accountability, responsibility, independence and
fairness. Based on the principles of GCG, the Company develops a GCG
structure that includes the main organs and supporting organs to run the
GCG mechanism in accordance with the Laws and existing best practices.
By basing its business activities based on GCG principles, business
continuity is expected to be created in the long run.
During 2018, WEGE has implemented good corporate governance well. It is the commitment of the Leaders and all Employees to strive to comply with existing laws and regulations. Declaration of commitment of the Board of Commissioners, Board of Directors and management are stated in a letter of statement of mutual commitment in implementing GCG. Most recently, the following is a commitment sheet for implementing GCG in WEGE and its guidelines.
The implementation of good corporate governance has a positive impact on the company's internal environment and the company's external environment. Implementation of good corporate governance are expected to be able to:
- Optimizing added value so that the company has strong competitiveness, both nationally and internationally, so as to maintain its existence and sustainable competitiveness.
- Encouraging the management of the Company in a professional, efficient and effective manner, as well as empowering functions and increasing the independence of the company's organs.
- Encouraging corporate organs to make decisions and carry out actions based on high moral values and compliance with laws and regulations, as well as awareness of the Company's social responsibility towards stakeholders and environmental sustainability.
- Increasing the Company's contribution to the national economy.
- Contributing to improving the climate conducive to the development of national investment.
COMMITMENT OBJECTIVE
- Signing of the Integrity Pact
- The updated GCG manual
- The updated Board of Directors - Board of Commissioners Manual
- Updated Ethics and Behavior Guidelines
- One member of the Board of Directors is responsible for the implementation and evaluation of GCG
- Submission of LHKPN in a timely manner
- Gratuity Control Program
- Socialization and Internalization of GCG
- GCG Performance Measurement (Independent Assessment and Independent Assessment)
- GCG Road Map
INTEREST CONSTRUCTION GUIDELINES
Stakeholders and other parties are
stakeholders who are partners of the Company's existence that must be a
concern of the Company, especially in order to maintain the interests of
stakeholders and to improve the company's reputation. It is not
impossible, the company is very dependent on stakeholders. However, in
carrying out these relationships and interactions there is always the
potential for the occurrence of a conflict of interest situation that
may not be avoided between one party and another.
In addition, the Company realizes the
importance of a firm attitude towards handling the Conflict of Interest
that occurs in the Company, so that good corporate management can be
created, as well as synergic relationships with all Stakeholders and
other parties in implementing cooperation and interaction with the
Company.
For this reason, the Company prepares
Conflict of Interest Guidelines which are guided by applicable laws and
regulations, and is aligned with the Code of Corporate Governance and
Code of Conduct, as well as the values and culture prevailing in
Company. In the end, the Conflict of Interest Guidelines will be
socialized and evaluated on an ongoing basis for all Company Persons as
well as learning for employees in applying ethical principles in
business. Updates will also be carried out periodically to improve the
Conflict of Interest Guidelines in accordance with the Company's
business development in addition to implementing the Code of Corporate
Governance and Code of Conduct applicable in the Company, as well as
other policies and policies within the Company.
All Organ Organizations agree to implement the Conflict of Interest Guidelines by signing together in the Guidelines.
INTEGRITY PACT
WIKA Gedung is committed to carrying out
the construction of goods / services in accordance with the authority
given by the articles of association and company regulations as well as
legislation, based on the principles of good faith, with high accuracy,
and in a free, independent or under pressure condition, or influence
from other parties (independency). Decision making is carried out with
the utmost care (duty of care and loyalty) for the best interests of the
company, by heeding various sources of information, information and
having made sufficient comparisons, as appropriate we consider decisions
for our own interests (prudent person rule). In making a decision, it
does not have a personal interest or purpose to do something for its own
benefit, as well as the interests of parties related to themselves, or
affiliated parties, and thus does not have a position that contains a
potential conflict of interest. For this reason, it is necessary to have
sufficient understanding of various regulations and other normative
obligations that are related, and to fulfill all provisions and
regulations, including considering best practice, which is deemed
necessary, important, and critical in the process (duty abiding the
laws). Wijaya Karya Bangunan Gedung WEGE
Wijaya Karya Bangunan Gedung WEGE
Wijaya Karya Bangunan Gedung WEGE