The Company started its commercial operation in the field of business investment in back in 1992, and currently located on Sahid Sudirman Center Floor 55th, Jl. Jend. Sudirman No.86, Central Jakarta.
PT. Arthavest Tbk is a business entity that is committed to be an investment company of a highest standard with worldwide international network that understands globalization.
Our Vision PT Arthavest Tbk
To become an international investment company with a global networking and knowledge of market globalization.
Our Mission PT Arthavest Tbk
To conduct investment in companies both domestic and abroad.
Establish strategic alliances with other companies, either directly or through subsidiaries.
Improving human resources on a sustainable basis to create competent, qualified, professional, loyal and highly dedicated employees. Arthavest ARTA
Our Subsidiaries
Arthavest is always looking to enhance its portfolio of offerings to be able to offer more to our Invesment. Arthavest has been growing rapidly through the strategic acquisition of organizations that embrace our core values and are able to broaden and complement Arthavest service offerings.
PT Sanggraha Dhika is a company that manages REDTOP Hotel, a 4-star business hotel, located in Jalan Pecenongan No. 72, Central Jakarta.
Until the present, the main activity of the Company is to run a business, manage, and maintain REDTOP Hotel. REDTOP Hotel has a 15 floor building which is characterized by its red colored dome on top of the building, with a floor area of 42 461 square meter built on an area of 8,205 square meter. The Hotel has 390-suite rooms, all equipped with the accommodation and facilities of a 4 star hotel.
A number of major facilities offered, such as: convention & banquet, meeting rooms & business center, as well as sports center and spa.
Commencement of commercial Operations : 1995
Percentage of ownership by PT. Arthavest Tbk is at 51 % Arthavest ARTA
REDTOP HOTEL & CONVENTION CENTER
PT.Sentral Pembayaran Indonesia (SPIN) is a joint venture between PT.Arthavest Tbk and PT.Solusi Net International, located in Sahid Sudirman Center 55 th Floor, Jl.Jend.Sudirman Kav.86, Central Jakarta.
As a services and trade company, SPIN Provides its services in the fields of information technology and payment system.
As of now the company is at a marketing operational phase.
Percentage of ownership by PT. Arthavest Tbk is at 52 %
PT.Sentral Pembayaran Indonesia (SPIN) is a joint venture between PT.Arthavest Tbk and PT.Solusi Net International, located in Sahid Sudirman Center 55 th Floor, Jl.Jend.Sudirman Kav.86, Central Jakarta.
As a services and trade company, SPIN Provides its services in the fields of information technology and payment system.
As of now the company is at a marketing operational phase.
Percentage of ownership by PT. Arthavest Tbk is at 52 %
PT.Sentral Pembayaran Indonesia (SPIN) is a joint venture between PT.Arthavest Tbk and PT.Solusi Net International, located in Sahid Sudirman Center 55 th Floor, Jl.Jend.Sudirman Kav.86, Central Jakarta.
As a services and trade company, SPIN Provides its services in the fields of information technology and payment system.
As of now the company is at a marketing operational phase.
Percentage of ownership by PT. Arthavest Tbk is at 52 % Arthavest ARTA
Good Corporate Governance
The Company through its Board of Commissioners, Board of Directors and all of its employees are committed to implement good corporate governance. In management views, a good corporate culture can only be develop if the Company maintains a thorough and consistent good corporate governance by continuously conducting innovation and improvement. The main goal of good corporate governance is to optimize long-term Company values for all of its shareholders as well to other stakeholders. In order to maintain a well supervised good corporate governance implementation, the Company requires a Corporate Governance Guidance which can be utilized as an archetype to carry on a good corporate governance.
Principles of good corporate governance :
Transparency
The Company put the principles into practices by providing relevant and material informations with an accessible means of approach and easy to comprehend for the stakeholders. The Company must delivers transparent, punctual, clear and comparable information, all of which related to the financial situation, company management and ownership. Accountability The Company conducts the principles of good corporate governance by continuouly being responsible upon its performances in a decent and transparent manner. It is conducted in the most acceptable and measurable way, and in accordance to the interest of the Company, its visions and missions, as well corporate goals.
Responsibility
The Company applies the principle of good corporate governance by means of enforcing and complying with the applicable law, as well being held accountable to the greater public and environment in order to achieve and maintain a long term sustainable business operations.
Independency
The Company is professionaly managed without any conflict of interest, pressure or influence from any other party, which is deemed inappropriate against the applicable laws and positive corporate principles.
Fairness
The Company implements the principles of good corporate governance by means of applying a balanced and fair regulation between stakeholders that encompassed fair and equal treatment to fulfill stakeholders’ rights based on agreement and the applicable law. The apparent clarity of the rights of shareholders, the legal system and enforcement of regulations is to protect the rights of shareholders itself, especially for minority shareholders. Based on the above concept, and in accordance with pertinent regulations in the Indonesian capital market, the Company has made various efforts and activities to meet the principles required in the implementation of corporate governance in accordance with the characteristics of the Company's business.
General Meeting of Shareholders (GMS)
General Meeting of Shareholders (GMS) is the supreme authority of the Company, which authority cannot be given to the Board or the Commissioner and other parties within the limits specified in the law or the articles of association of the Company. In the GMS, there are important decisions related to the investment of shareholders that could have asignificant impact to the entire Company’s operation. Arthavest ARTA
Governance Structures
Our core governance structures consist of the Annual General Meeting of Shareholders, the Board of Commissioners and the Board of Directors, all of which serve important roles in the effective implementation of the company’s good corporate governance policies.
General Meeting of Shareholders (GMS)
General Meeting of Shareholders (GMS) is the supreme authority of the Company, which authority cannot be given to the Board or the Commissioner and other parties within the limits specified in the law or the articles of association of the Company. In the GMS, there are important decisions related to the investment of shareholders that could have a significant impact to the entire Company’s operation.
Board of Commissioners
Board of Commissioners has the duty and responsibility for
overseeing the Company's management policies, ensuring the Company's
articles have been implemented as appropriate, impose AGM decisions, and
provide advice to the Board of Directors in accordance with the
purposes and objectives of the Company. Board of Commissioners
consisting of 2 persons, 1 persons president commissioner and 1 person
independent commissioner who is experienced professionals as leaders in
diverse areas of business. Arthavest ARTA
Code Of Conduct
The Company has a Code of Conduct that applies to all levels of the organization. Code of Conduct provides clear guidance on noble values espoused by the Company with the aim of to align the behavioral, mental and moral aspects of all employees with the noble values adopted by the Company.
Code of Conduct provides guidance to employees of the Company to:
- Comply with internal and external regulations, among others, the Capital Markets Regulation, Government and or Association.
- Refuse bribery and corruption.
- Avoid compromise because gifts and entertainment.
- Active in informing a known violation.
- Preventing money laundering.
- Avoiding conflicts of interest.
- Not trading shares of the Company when in possession of inside information.
- Not committing fraud in offering products or services.
- Quick responsiveness in dealing with customer complaints.
- Maintain confidentiality and protection of information and data.
- Treat employees fairly.
- Open and honest to Stakeholder (Regulator).
- Maintain positive attitude and behavior.
- Keeping and maintaining equipment and facilities of the Company.
- Responsible political freedom. Arthavest ARTA
Whistle Blowing System
Any employee who is aware of any violation of the Code of Conduct must report the evidence and information to their supervisor or the designated work unit.
The whistle blowing system includes the following process:
- Whistleblowers report violations and discuss with supervisor.
- The Company maintains the confidentiality of the whistleblowers’ identity as well as the content of the reports, and protects the whistleblowers, related parties, and investigators from any retaliatory action.
- The protection provided by the Company includes legal protection if necessary.
- The Company will follow up on every reported violation supported by adequate initial evidence.
- Employees who are found guilty retain their right to explain or defend themselves prior to the imposition of penalty in accordance with the Company’s policy.
- The penalty is imposed by the Board of Directors by taking
into account the proposal from the Head of Internal Affairs (as the
coordinator of the investigation) and from the direct supervisor of
related employees. Arthavest ARTA
The Audit Committee
As a public company whose shares are listed on the Indonesia
Stock Exchange, PT Arthavest Tbk is obliged to abide by the rules and
regulations contained in the Capital Markets Regulation No. IX.1.5 on
the Formation and Guidance of Working Procedure of the Audit Committee.
The Company established an Audit Committee to assist the Board of
Commissioners in carrying out its supervisory duties and
responsibilities over the course of the Company"s operations. The
following are the profile of the Company"s Audit Committee. Arthavest ARTA
The Internal Audit
The Internal Audit Unit was established with the aim to provide
professional, independent and objective opinion to the President
Director on the activities and operations of the Company. Pursuant to
the Decree of Chairman of the Capital Market Supervisory Agency and
Financial Institution No. KEP-496/BL/2008 dated November 28th, 2008, on
the Establishment and Guidelines for Internal Audit Charter, the Company
has established its Internal Audit Unit and Internal Audit Charter as
the Guideline for Internal Audit. Arthavest ARTA
Corporate Secretary
Corporate Secretary has established as a commitment to the implementation of best practices of Corporate Government. Arthavest ARTA
PT. Arthavest Tbk is a business entity that is committed to be an investment company of a highest standard with worldwide international network that understands globalization.
Nomination and Remuneration
The Company does not established Nomination and Remuneration Committee, however, remuneration function and procedure are executed by the Board of Commissioners which has been granted authority by the GMS.
The formulation of the remuneration system based on the principles:
- In accordance with the legislation in the field of taxation and labor force.
- The Company provides a different remuneration for members of the Board of Directors of the Company are performing best.
- Determination of remuneration follows the principle of “pay
for performance” in which the Company values members of the Board of
Directors corresponding contribution to the Company. Arthavest ARTA
As a responsible corporate citizen, the Company is committed to upholding its corporate social responsibility (CSR) to all stakeholders and the general public in the environment where it operates. This commitment is in accordance with the Government Regulation No. 47/2012 on Corporate Social and Environmental Responsibility of Limited Liability Companies, which is the implementing regulation of the Article 74 of Law No. 40/2007 on Limited Liability Companies.
Accordingly, in 2019 the Company had developed, implemented and managed integrated, focused, and sustainable CSR activities in the fields of healthcare, and social and religious affairs in line with the needs of the local communities and stakeholders, as follows:
Blood Donation 2019
In partnership with the Indonesian Red Cross Society, the Company held blood donations at the REDTOP Hotel & Convention Center as part of its contribution in the field of healthcare. In 2019, the Company held four blood donations on January 25th, April 5th, August 8th, and November 22nd with a total of 178 participants and successfully collected a total of 144 blood bags. The Company plans to intensify this activity even further in the future.
Iftar Dinner
The Company organized an iftar dinner for orphans under the care of Panti Yauma Duafa Foundation and Rumah Piatu Muslimin Foundation on Friday, May 24th, 2019, in the Emerald Ballroom, REDTOP Hotel & Convention Center. The annual activity was attended by the management, employees, and local communities. During the event, the Company donated prayer sets to the children.
Qurban
To commemorate the 1440 Eid al-Adha, the Company donated 3 goats to be distributed to local communities and orphans under the care of Panti Yauma Duafa Foundation and Rumah Piatu Muslimin Foundation.
Tree Lighting
The lighting of the first Christmas lights boasting the
performance of REDTOP Choir and children under the care
Berkat Kasih Immanuel Foundation. During the occasion,
the Company also handed donation to those children. Arthavest ARTA
Redtop Hotel & Convention Center