Panin Sekuritas is one of the leading Securities Companies that is here to answer the investment needs of investors, both individuals, private companies, and government institutions. The smart solutions we provide are based on in-depth knowledge of the investment needs of our customers.
Panin Sekuritas is committed to expanding its services to customers through the internet media. In the era of global finance and technological revolution, our company will continue to innovate, both in terms of knowledge and technical skills as well as in various aspects of business activities. Our experienced management and staff are proud to serve all of our customers' investment needs. Panin Sekuritas PANS
Vision
To become a reliable and trusted securities company in capital market activities that can provide optimal financial solutions for customers.
Mission
Developing the Company by building professional, dedicative and high integrity human resources, supported by strong financial resources and appropriate information technology.
Build customer trust by providing satisfaction and comfort through comprehensive financial services and smart solutions for customers.
Increasing the Company's enterprise value through consistent and results-oriented efforts while maintaining a prudent attitude.
Become a work partner that benefits stakeholders and creates synergy towards the results of joint work. Panin Sekuritas PANS
Our Philosophy and Character
The way we work - as important as our capabilities and services. We work within the context of our strategic strengths and core beliefs:
Trust
The capital market industry involves confidential information - our customers can be assured that PANIN SEKURITAS is a company that understands that customers must be able to put full trust in their advisors, our company's reputation is founded on this trust.
Integrity
Relationships with customers are not only built on trust, but also on the integrity of PANIN SEKURITAS - the most important value that we develop in our company is integrity because it is so important in the capital market - and known to our customers, our employees and our competitors.
Commitment
Commitment is one of our main services to our customers, this commitment is embedded in our professional teamwork and in our business culture. We are determined to serve the interests of our customers not only by investing in the latest technology, but also by continuously improving the technical capabilities of our employees and by using the latest methodologies available globally.
Business license
Panin Sekuritas has obtained a business license as a Broker-Dealer from the Chairman of the Capital Market Supervisory Agency based on letter No. Kep-205 / PM / 1992 dated April 14, 1992 and has been updated based on the Decree of the Board of Commissioners of the Financial Services Authority Number: KEP-38 / D.04 / 2014 dated 21 August 2014.
Panin Sekuritas has obtained a business license as an Underwriter from the Chairman of the Capital Market Supervisory Agency based on letter No. Kep-206 / PM / 1992 dated April 14, 1992 and has been updated based on the Decree of the Board of Commissioners of the Financial Services Authority Number: KEP-39 / D.04 / 2014 dated 21 August 2014.
Panin Sekuritas has obtained a business license as an Investment Manager from the Chairman of the Capital Market Supervisory Agency based on letter No. Kep-01 / PM / MI / 1997 dated January 31, 1997. In connection with the transfer of the Investment Manager's business activities from Panin Sekuritas to a subsidiary - PT Panin Asset Management, Panin Sekuritas has returned its business license as an investment manager to the Capital Market and Institutions Supervisory Agency. Finance ("Bapepam & LK") and has been received by Bapepam & LK in accordance with Bapepam & LK Decree No. Kep-30 / BL / 2012 dated February 1, 2012. Panin Sekuritas PANS
Good Corporate Governance (GCG) is the basis for transparent and healthy business activities. The Company strives to ensure that the implementation of corporate governance complies with the prevailing regulations in the capital market as well as the guidelines that have been prepared by a number of institutions that deal with corporate governance. The values of transparency, accountability, responsibility, independence, as well as fairness and equality must be implemented at every level of the organization and every business activity. This is the Company's commitment to maintaining the trust of customers, shareholders, bondholders, business partners and other stakeholders.
The implementation of GCG is carried out, among others, through the following:
- Fulfillment of shareholder rights;
- Implementation of duties and responsibilities of the Board of Commissioners and Directors;
- Completeness and implementation of the duties of the Audit Committee;
- Implementation of compliance, internal and external auditors;
- Application of risk management, including the internal control system;
- The Company's strategic plan; and
- Implementation of transparency of the company's financial and non-financial conditions.
The General Meeting of Shareholders (GMS) is the highest organ in the Company's organizational structure. The GMS is a forum for shareholders to make important decisions related to the Company. The GMS has the following powers:
- Give approval for the Annual Report,
- Determine the use of company profits,
- Appoint a Public Accounting Firm that will audit the Company's Financial Statements,
- Appoint and dismiss members of the Board of Commissioners and Directors,
- Make other important decisions in accordance with the articles of association and other regulations related to the status or business activities of the Company
Board of Commissioners
In accordance with the Articles of Association, the Board of Commissioners is assigned to oversee the management of the Company by the Board of Directors and provide advice to the Board of Directors. Members of the Board of Commissioners are appointed and terminated by the GMS for a period of 5 (five) years and can be reappointed when their term of office has ended.
Directors
In accordance with the articles of association, the Company is managed and led by a Board of Directors. The members of the Board of Directors are appointed and dismissed by the GMS for a period of 3 (three) years and can be reappointed when their term of office has ended.
Meetings of the Board of Commissioners and Directors
Meetings of the Board of Commissioners and the Board of Directors are meetings that discuss all aspects of the company's activities, which in turn will result in decisions regarding corporate governance, company performance and productivity, increased efficiency, and other matters.
Audit Committee
The Audit Committee is a committee appointed by and responsible to the Board of Commissioners. The Audit Committee consists of independent parties and is chaired by an Independent Commissioner and two other members who are experienced and also have professional backgrounds in accordance with their respective fields. The main task of this Committee is to assist the Board of Commissioners in supervising the governance of the Company.
Internal Audit and Compliance
The Board of Directors has established policies to regulate the functions, duties and scope of work performed by the Audit and Compliance Division in accordance with the applicable regulatory directives. This includes tasks to test the quality and reliability of financial reports, existing policies and procedures, and to ensure an effective internal control system in every function, including safeguarding company assets and the possibility of data leakage as well as carrying out routine and comprehensive inspections at the level of operational efficiency of the Company. This division is expected to become one of the units to prevent the crime of money laundering (TPPU) and the financing of terrorism activities in the company.
Whistle-Blowing System
In line with the company's commitment to implementing GCG, the Company has developed a Whistle-Blowing System policy to early detect violations in the company that can cause financial and non-financial losses, including things that damage the company's image. Through this system, the Company can prevent violations with a comprehensive monitoring pattern and involves all employees so as to provide a sense of security for all parties related to the Company.
External Auditor
Besides being carried out by internal auditors, supervision of the Company is also carried out by external auditors. Since becoming a Public Company in 2000, the financial statements of the Company and Subsidiaries have been audited by a Public Accounting Firm and obtained a fair opinion, in all material respects, the consolidated financial position of PT Panin Sekuritas Tbk and its subsidiaries as well as their consolidated financial performance and cash flows, in accordance with with Financial Accounting Standards in Indonesia.
Code of Ethics and Corporate Culture
In carrying out its business activities, the Company strives to apply a code of ethics and corporate culture at every level of the organization. This aims to make the company work environment a professional work environment, optimize all potential employees, and provide comfort to all employees and management in running a business to achieve company goals.
Company secretary
The Company realizes the importance of information disclosure and effective communication with all stakeholders. For this reason, the Company has formed a Corporate Secretary who has responsibilities, among others:
- As a liaison between the Company and the Financial Services Authority, stock exchange, shareholders and the public,
- Providing services to the public for any information relating to the condition of the Company,
- Keep abreast of the development of the capital market, especially the regulations that apply in the capital market, as well
- Providing input to the Board of Directors in complying with capital market regulations.
- Assisting the Board of Directors in governance and corporate social responsibility.
Information Dissemination Media
The Company as a public company has the responsibility to convey information about its business development, both to the capital market authorities, investors and the general public. For this reason, the Company has used various access to information dissemination. Panin Sekuritas maintains a website www.pans.co.id, where various information about the Company can be accessed including company profiles, financial reports, press releases and types of services and products. Company information can also be accessed through the Indonesia Stock Exchange website (www.idx.co.id) where the Company always delivers the latest information. Financial reports have been published every three months through the Company's website and the Indonesia Stock Exchange, and every six months through newspapers. The Company regularly publishes in the mass media to increase public understanding of the various products and achievements of the Company. Further information regarding business developments can be obtained through the Corporate Secretary, while information on types of services and products can be obtained from the Customer Service and Marketing division.
The company as a public company or securities company has a social responsibility to the community which has played a role in the company's growth. The Company and Panin Asset Management (“PAM”) have carried out various kinds of social activities, both capital market education programs and humanitarian programs. Increasing public education on the capital market, especially investing in stocks and mutual funds, is an activity that is the Company's priority to educate the Indonesian people. The Company and PAM are committed to supporting the Financial Literacy program launched by the Financial Services Authority (“OJK”). Panin Sekuritas PANS
Panin Sekuritas also has a financing facility (margin trading) to provide financial flexibility to customers in transacting shares on the Indonesia Stock Exchange. In order to facilitate stock transactions, Panin Sekuritas has launched an online trading facility called "Panin Sekuritas Online Stock Trading (POST)" which can be accessed through the website (www.post.co.id), applications (POST - Pro), and other devices. mobile (Android and Apple iOS). Panin Sekuritas has also launched an online trading facility that complies with sharia principles, which is named POST Syariah. Panin Sekuritas PANS
Corporate Finance
Corporate Finance services include advising on corporate strategy and structure, capital raising, mergers and acquisitions, restructuring and general matters as follows:
- Corporate Finance
- Project Finance
- Financial Advisor
- Acquisition Merger
Underwriters for Shares and Bonds
As an underwriter, the services we provide include:
- Advice on the financial condition and operations of companies that wish to go public
- Advice on obligations and regulations from the government in going public
- Advice on the types of securities and the number of shares offered
- Cooperate with the issuer in determining the price of the shares offered
- Coordination with relevant supporting institutions in the process of going public
- Services after going public are completed, such as monitoring activities in the secondary market, as well as providing the best recommendations for the benefit of publishers
- Corporate Finance
Limited Public Offering
As a securities company, the services we provide include:
- Advice to clients on which methods of corporate action should be used
- Advice on obligations and regulations from the government for each method used
- Advice on the types of securities and the number of shares offered
- Cooperate with the issuer in determining the price of the shares offered
- Coordination with relevant supporting institutions in the limited public offering process
- Services after the Limited Public Offering is completed, such as monitoring activities in the secondary market, and providing the best recommendations for the benefit of the issuer Panin Sekuritas PANS
Customer Financing Facility
Panin Sekuritas has a financing facility (Margin Trading) to provide financial flexibility to customers in transacting shares on the Indonesia Stock Exchange. This facility allows customers to buy shares in excess of their funds using financing from Panin Sekuritas (loan facility).
Common terms in margin transactions: Collateral, Margin Interest, List of Margin Securities, Ratio, Maintenance Ratio, Margin Call, Force Sell.
- Collateral is a guarantee in the form of funds and / or shares with a minimum initial deposit of IDR 200,000,000 (Two Hundred Million Rupiah).
- Margin interest is the interest rate charged to a customer for using margin (debt).
- List of Margin Securities is a list of shares that can be transacted by customers using the margin facility. This list is issued monthly by the Indonesia Stock Exchange.
- The ratio is the ratio between total liabilities (debt) to collateral (collateral)
- Ratios that must be considered in margin transactions:
- Maintenance Ratio: a condition where the ratio between liability to guarantee is ≤ 50%.
- Margin Call: a condition where the ratio between liability to collateral is in the range of> 50% margin call ≤ 65%. In this condition, the customer must deposit funds or sell shares so that the margin ratio is <50%.
- Force Sell with a deadline: a condition where the ratio between obligation to guarantee> 65%, up to T + 3 the ratio must be lowered, if until T + 4 the ratio remains> 65%, then a force sell will be carried out.
- Force Sell with or without notification: a condition where the ratio between liability to guarantee is ≥ 75%. Panin Sekuritas PANS
Panin Asset Management
Mutual Fund is a forum used to collect funds from investors / investors for further investment in securities portfolios; such as Equity Securities, Debt Securities / Fixed Income Securities and money market instruments. The securities portfolio is actively managed by the Investment Manager, with the aim of obtaining the maximum possible profit for customers. All funds collected are stored and administered by the Custodian Bank separately so that the safety of investor funds is guaranteed.
On November 29, 2011 we had Spin Off the Asset Management Division to become our subsidiary, PT Panin Asset Management, which offers products in the form of mutual funds and discretionary fund management services. The spin-off is carried out as a follow-up to Bapepam-LK regulation number VA3 concerning Licensing of Securities Companies conducting Business Activities as Investment Managers (MI). The outline of the regulation is to tighten licensing for securities companies to carry out business activities as MI in order to improve the quality of investment managers. With the effectiveness of this spin off, Panin Asset Management will focus more on improving the business, both the performance of its managed funds and market development.
Panin Asset Management has obtained an Investment Manager business license from Bapepam-LK based on Decree No. KEP-06 / BL / MI / 2011 on 18 August 2011. Panin Sekuritas PANS
Research
The Research Division is one of the supporting divisions that plays a vital role in the Company's business. The Research Division supplies company analysis in order to identify investment opportunities in the capital market. The Research Division's support enables the Company's securities trading team to make valid recommendations for customers and become an effective material for smoothing transactions.
The Research Team used a fundamental analysis approach by studying the direction of the global economy, then narrowing it towards the economy in Indonesia and more specifically for each sector and issuer. The Research Team also conducts securities analysis using a technical approach by paying attention to trends in price movements and stock transaction volume to be able to provide recommendations for further stock movements.
Issuers that are discussed include issuers that are large and actively traded (Blue Chip) as well as issuers that have good prospects (both large and small). In general, issuers included in the LQ45 index are included in the Research Division's study.
Every 6 months the Research Division will estimate the latest index target for the current year. Target setting is determined from a comprehensive analysis of macroeconomic developments and the average of 3 valuation methods (relative valuation, PE band valuation, and dividend discount method). Products produced by the Research Division include Panin News, Trading Ideas, Recommendations, Company Reports, Sector Reports, Economic Outlook Reports, and Market Outlook Reports. Panin Sekuritas PANS
Education
In investing, an investor must have some basic knowledge to guide him in making correct and accurate investments. In addition to knowledge, investors must also have a strategy in investing and familiarize themselves with risk profiles. Therefore Panin Sekuritas is here to provide basic, intermediate and advanced guidelines for investors so that the investment made can be maximized. Panin Sekuritas PANS
Head Office
Gedung Bursa Efek Indonesia , Tower II Suite 1705
Jl. Jendral Sudirman Kav. 52-53
Jakarta Selatan 12190, Indonesia
Telephone (62-21) 515 3055 - (62-21) 2977 3600
Facsimile (62-21) 515 3061
E-mail: info@pans.co.id
Panin Sekuritas PANS
