Mitra Energi Persada KOPI






Main Business

  • Conducting investment activities in the energy infrastructure, oil and gas.
  • PT Mitra Energi Buana (99.5% shares owned by MEP). Gas trading in South Sumatera Region and natural gas distribution through our own dedicated downstream pipeline up to the delivery points in customers locations.
 PT Mitra Energi persada Tbk. (“Company“), was established on February 24th, 1981, which formerly named of PT Adwitiya Alembana, as an Integrated Advertising Company including strategic communication and media planning.
 In 2001, the Company conducted Initial Public Offering and listed at Indonesian Stock Exchange on April 23rd, 2001 with stock code: “KOPI”. In 2005, by the Extraordinary General Meeting of Shareholders of the Company resolution on April 13, 2005, the Company changed its main business into an Investment Company as well as changing the name into PT Korpora Persada Investama, Tbk, which has been declared in the Articles of Association No. 4 and was included in the Deed dated April 13, 2005, before Notary Eko Putranto, Sarjana Hukum.
 On February 7, 2007, Indonesia Stock Exchange (IDX) announced with Ref Letter No. Peng-02/BEJ-PSJ/DEL/02-2007 to delist PT Korpora Persada Investama from trading at IDX, effectively on the same day.
 In January 2008, by the Extraordinary General Meeting of Shareholders of the Company in January 16th, 2008 resolution, Company changed its name into PT Mitra Energi Persada Tbk. and changed its business into Gas Trading and Distribution, Power Plant, Coal Mining and other related services.
Then in June, 2008, The Company was successfully merged with PT Aldhi Pratama Bersama which owned of PT Mitra Energi Buana.
 In 2010, the Company did a Quasi Reorganization to restructure its business and financial structure.
 In 2014, the company did a Reverse Stock Split of 100:1 At the same year of 2014, PT Mulya Tara Mandiri (“MTM”) became the Majority Shareholder, after conducted Mandatory Tender Offer to take over 70.79% shares in the Company from PT Dika Karya Lintas Nusa ( “DKLN”).
On May 4, 2015, the Company relisted its shares at Indonesia Stock Exchange (“IDX”) and started trading its stocks encoded : “KOPI” with initial price of Rp. 395 (Three hundred ninety five Rupiah) per share. Mitra Energi Persada KOPI

Below are PT Mitra Energi Persada Milestones :

1981

  • Was established as PT. Adwitiya Alembana
  • Business in Advsertising

1999
  • Changed the name to PT Asiaway Dot Com, focused in developing Internet Services which is integrated in Advertising
2001
Listed at Indonesia Stock Exchange (with sharescode “KOPI”)

2005
  • Changed its main business into Investment Company
  • Changed the name to PT. Korpora Persada Investama
2007
Delisting of shares

2008
  • Merged with PT Aldhi Pratama Bersama & changed the name to PT Mitra Energi Persada Tbk
  • Changed the main business to Gas Trading and Distribution
2010
Did Quasi-Reorganization

2014
  • Changed of shares nominal value
  • PT Mulya Tara Mandiri became the Majority Shareholder
 2015
Relisting of shares Mitra Energi Persada KOPI

 PT MITRA ENERGI BUANA is a Gas Trading and Distribution Company, whicth current market in South Sumatera Region and has legal permit as a downstream dedicated gas trading and gas pipeline infrastructure to the delivery point at consumer location.
 PT MITRA ENERGI BUANA was established on December 30, 2002, by the Article of Association No. 19, before Yulida Desmartiny, Sarjana Hukum, Notary in Jakarta, by the Virtue of The Decision of The Minister of Justice of The Republic Of Indonesia No.C-06956.HT.01.01.Th 2003 dated April 1, 2003.
 The latest amendment was the Article of Association No 53, dated November 22, 2007, before Muhammad Hanafi, Sarjana Hukum, Notary in Jakarta regarding the sale of company’s shares, increasing the authorized capital of the company and revising all of the Articles of Association in line with the Law Number 40 year 2007 regarding Limited Liability Company.The change has been approved and legalized by The Minister of Justice of The Republic Of Indonesia certification No.AHU-00579.AH.01.02 tahun 2008.
 In June, 2008, PT Mitra Energi Buana became the subsidiary of PT Mitra Energi Persada Tbk. through the merger of PT Mitra Energi Persada Tbk and PT Aldhi Pratama Bersama. 99.5% shares of PT Mitra Energi Buana is owned by PT Mitra Energi Persada Tbk.  Mitra Energi Persada KOPI

PRINCIPLES OF GOOD CORPORATE GOVERNANCE

The best practices of Good Corporate Governance (GCG) is applied in the Company as it is an engagement in rendering the benefits for shareholders, especially public shareholders, and may maintain contribution to company’s vulnerability and make improvements correlated with all stakeholders. These all conductive efforts have to be implemented in the principles of Good Corporate Governance.
The Implications of the principles are:

FAIRNESS

This principle covers most of the things in formalizing the corporate rules in which protecting minority or special interest, proper corporate code of conduct, giving security for the benefits of the whole stakeholders, namely by assigning the Independent Commissioner, which means to assure protection for minority shareholders. The Independent Commissioner is appointed from the person who does not hold any position inside the Company in order to make him/her focus on the duty and to avoid intervension from the Company.

TRANSPARANCY

This principle covers most of the things in developing the accounting system based on the proper standard of accounting and best pratices which guarantee the qualified financial statement and revealing informations. The said financial statement has to be audited by the Independent Public Accountant who’s listed in Financial Services Authority.

ACCOUNTABILITY

This principle’s implemented throughout the arrangement of the financial statement provided and reported at the right time.

RESPONSIBILITY

It’s admittedly obvious that shareholders’s role must be legally determined, and the active mutual benefit between the company and the stakeholders could approach the affluent, vocation and company’s health financially.
Therefore, to perform the vocation and wealthy company existency, the Company has enrolled all of the employees in BPJS Ketenagakerjaan (The Indonesian Labor Social Security Provider), conducted the tax payment and tax report in schedule, besides, Company minimum wage’s tended higher than the Indonesian new provincial minimum wage which stipulated yearly. These all will effect the improvement of company’s performance becoming more professional and ethical.

COMPANY CODE OF CONDUCT

Standard Code or better known as the Code of Conduct drawn up to carry out the right and good company management, so, this needs a guideline that accommodate the aims to establish and regulate the suitability behavior for achieving the consistent implementation of GCG as a corporate culture that maximizes the application of the principles of Good Corporate Governance which can accomplish Company’s vision and mission.
With the spirit of change, the Company through the decision of the Board of Directors KEP-064 / MEP-KD / VI / 2013 dated June 1st 2013 of the Code of Conduct (Code of Conduct), has made revisions to the book Code of Conduct Mitra Energi Persada, part of the GCG implementation, which’s expected to be the essential in tasks execution for all levels of management and all parts in Mitra Energi Persada.
The Code of Conduct includes a series of reference for all parts in MEP to have good attitude and behavior, where without exception, must be carried out by all the members; from the Board of Commissioners, Board of Directors, Committees and all employees in whole working activities in MEP and also while representing MEP. Pedoman perilaku (Code of Conduct) mencakup serangkaian acuan bagi seluruh insan dalam bersikap dan berperilaku yang harus diikuti oleh segenap insan MEP mulai dari Dewan Komisaris, Direksi, Komite dan seluruh karyawan dalam seluruh kegiatan bekerja di dan bagi MEP, tanpa pengecualian.
The Code of Conduct is compiled in line with the basic values of MEP, practiced both in internal relations (between fellow employees of the MEP) in order to create a healthy and conducive working atmosphere, as well as in relations with external parties incorporates the Government, customers, partners, suppliers/contractors, the surrounding communities and the public in general.
Wherever it is, Company and all parts of MEP put the Company’s Code of Conduct into effect in every way consistently, and strengthen the support for implementing GCG, this in turn, ultimately enhancing the corporate image to its stakeholders.

ISSUES CODE OF ETHICS

The company’s code of ethics governs policy on ethical values, stated explicitly as a standard behavior that’s considered as a major guidance for all boards of Mitra Energi Persada.

ENFORCEMENT, INTERNALIZATION AND SOCIALIZATION THE CODE OF ETHICS

MEP continuously performs the internalization of a code of ethics or code of conduct and its enforcement through commitment that Mitra Energi Persada applied both codes by way of being and behaving in respect to MEP’s standard behavior, and a code of ethics or code of conduct became one of the factors for evaluation and assesment MEP’s the of the employees’ performance. Code of ethics or code of conduct should be socialised to all insan MEP as well as stakeholders. Mitra Energi Persada KOPI

The Company’s Commitment

In order to create a balance between the Company’s economic interests and social awareness, the Company and all business units continue to implement various Corporate Social Responsibility (CSR) programs. The Company has designed CSR programs as the Company’s social responsibility to the environment and community.
The Company is committed and actively organizes a number of activities to embody its corporate social responsibility.
The Company realizes that corporate social responsibility is an obligation, as stipulated in the 2007 Law Number 40 regarding Limited Liability Company.
The Company cares about the community and strives to provide social added values in the form of improving the quality of education, developing environment, and improving the quality of lives of the employees and the communities surrounding the Company’s operational areas.
The implementation of corporate social responsibility in accordance with the annual work plan is also a form of the Company’s responsibility to all stakeholders, including customers, employees, shareholders, communities, and the environment.

Principle of CSR

In carrying out CSR programs, the Company is always based on the four principle of the CSR programs, namely:
  1. Environment The Company seeks to preserve the environment.
  2. Labor, Occupational Health, and Safety The Company creates a work environment that is safe, healthy, and environmentally friendly, as well as conducts training for employees so that they can make the most contribution.
  3. Social and Community Development The Company is committed to social and community development.
  4. Responsibility to Consumers The Company is committed to producing high quality products and customer service.

SOCIAL RESPONSIBILITY RELATED TO THE ENVIRONMENT

We are fully aware of environmental preservation is impor tant for future generations. Therefore, the Company’s policy fully support the efforts to protect and maintain ecosystem stability and sustainability of natural resources. Environmental and energy policies have been integrated into occupational health and safety policy and environmental management (K3PL) already owned company, which was later renamed the policy and safety management system based on the commitments contained in the policy, the company focuses on energy management and environment management systems in 2014. The various programs related to energy management star ted to be implemented as well as the implementation of environmental management systems, although the company did not have plans ISO 14001 cer tification, but the management of the environment already referred to the environmental management system.
In its implementation, the company set a target of zero in death, disease, and environmental pollution caused by the management, the company’s business. To achieve the target set as follows:
  1. Implementing health management systems, occupational health, environmental management and energy (SMK3PL-E) and comply with legal requirements and other applicable requirements.
  2. Conduct proactive and preventive actions in order to achieve a safe working environment, hygiene, environmental pollution does not occur, and efficient utilization of energy.
  3. Make efforts to achieve energy efficiency and optimization of energy utilization.
  4. Implement guidance to each worker through education and training activities on an ongoing basis as well as cultivate K3PL Award, rewards and sanctions.
  5. Conduct an investigation into each incident, work accidents and occupational diseases and environmental pollution and ensure follow up the findings as aprecaution.
  6. K3PL evaluate the system work regularly for the continuous improvement of environmentally friendly energy use on climate change, the company establish policies that are environmentally friendly and encourage business and community partners in the implementation of environmental programs.

CSR ACTIVITIES RELATED TO LABOR, OCCUPATIONAL HEALTH AND SAFETY

The employees are a very important asset of the company. For that, we will always care about their welfare, for they are an integral part of all our work environment.
In the case concerning the welfare and safety of employees, it has been our policy, so that they can work optimally, through a system of career development in accordance with the per formance and development of the capabilities of each employee.
The Company has always been committed to upholding the practice of Labor, Health, and Safety (K3) in order to create a safe work environment, motivating and friendly for all employees. One such effor t is to involve all employees in the social security program (BPJS Employment and health) organized by the government.

Social Community Responsibility

The Company is very aware that business its sustainability is inseparable from the role and contribution of the surrounding community. Therefore, the Company assumes the responsibility to perform social and community development in order to improve economic capability and give guidance in other areas.
The Company is committed to social and community development through the empowerment of the local workforce in accordance with the qualifications and the Company’s policies, through the quality improvement of public education of the local community, and through other donations.

Activities Carried Out

As form of the social and community development responsibility company toward education, PT Mitra Energi Persada Tbk provide scholarships to Junior High School students who come from low income family in South Sumatera Mitra Energi Persada KOPI

Head Office
PT. Mitra Energi Buana
Graha Krama Yudha Lantai 2
Jl. Warung Jati Barat No.43
Jakarta Selatan 12760, Indonesia


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