Founded in December of 2000, PT Bukit Uluwatu Villa Tbk (BUV) is a leading Indonesian developer of environmentally friendly hotels and resorts. Renowned for its focus on world-class architecture, BUV fuses innovation, leisure and lifestyle into a fresh and unique experience for global and domestic tourists seeking culturally and ecologically harmonious destinations filled with luxury, seclusion and adventure.
Mission
To create new destination through the development of tasteful lifestyle centers while promoting cultures and sustainable developments in Indonesia and around the world.
Vision
To lead the lifestyle industry through a combination of extraordinary design, local cultures and eco-friendliness Bukit Uluwatu Villa BUVA
INTRODUCTION
The implementation of Good Corporate Governance (GCG) principles is an important factor in pursuing business continuity. Clear description on functions and responsibilities of each element in the organization will pave the way to an establishment of a healthier and more transparent company. With key aspects of GCG being transparency, professionalism, fairness, independence and responsibility., we have taken the following steps to improve our corporate governance.
- The organization applies professionalism and fairness ineach decision making process in the spirit of providingequal treatment to both shareholders and stakeholders.
- We are also committed to be as transparent as possibleby giving equal access to corporate information,including those material ones, to all interested parties.On periodical basis, we release quarterly and annualreports to market players shareholders and stakeholders,through media publication, information disclosure tothe stock exchange regulator, public expose or AnnualGeneral Meeting of Shareholders.
- The aspect of independence is carried out inestablishing the structure of Board of Commissionersand of Board of Directors, in which we seek to haveIndependent Commissioners with no relationshipto senior management at the company that may infact impair the director’s ability tomake independent judgments, or compromise theCommissioners objectivity and loyalty to stockholders.
- The aspect of responsibility is manifested in the way the Company holds up its moral commitmentto give more added values to the shareholders’investment, yet at the same time, we give full respect toharmonious living with the surrounding environment.
THE GCG STRUCTURE
Our GCG implementation is supported by several elements:
General Meeting of Shareholders (GMS)GMS is the highest forum in our organization, where strategic decision is made and the determination or delegation of authorization is accomplished. We always have a very active forum with the shareholders and they secure rights to give approvals to the corporate action plans, the change in membership of Board of Commissioners and Board of Directors, the use of net profits, and others.
Board Of CommissionersThe scope of duties and responsibilities of the Company’s Board of Commissioners are as follows:
- Closely monitoring the management of the Companyrun by the Directors
- Supervising the implementation of corporate vision andmission as mandated by the shareholders
- Providing important inputs to the Directors whenevernecessary to create balance between planning function andsupervisory function
- Monitoring the GCG implementation in both financialand asset maintenance
The supervisory function is carried out with respect in line with the good principles of Good Corporate Governance and guidance of shareholders. The supervisory mechanism is conducted by reviewing the performance reports presented periodically by Directors at joint meetings between Commissioners and Directors. In carrying out its duties and responsibilities, the Commissioners work closely with the Audit Committee.
Board Of DirectorsThe Company’s Board of Directors is responsible for:
- Planning, managing, and controlling the whole businessoperation as well as formulating strategic and non-strategic
- Carrying out the agreed agenda and ensuring theenhancement of efficiency and effectiveness so asto facilitate smooth evaluation process over theCompany’s performance.
- Ensuring the implementation of GCG principles byeach element of the Company with respect to the fivekey principles: transparency, responsibility, fairness,professionalism and independence, in order to createan accountable company.
- Audit Committee
The Audit Committee of PT Bukit Uluwatu Villa Tbk works closely with Board of Commissioners to assist fulfilling the supervisory function over GCG implementation within the working setting.
The Committee also performs other duties and responsibilities:
- Analyze the activity reports and financial reports presented by the Directors or other working units in the Company
- Provide professional and independent inputs to the Board of Commissioners about any issues that require further attention.
- Work closely with the Independent Auditor to pursue higher business effectiveness and efficiency
The Corporate Secretary of the Company is responsible for collecting any information that is material to the shareholders in a timely and accurate fashion. Working closely with Corporate Legal and Compliance Unit, she or he must be aware of any changes in rules and regulation applicable at Indonesia stock exchange to maintain the Company’s regulatory compliance.
According to the rules of the Indonesia’s capital market, Corporate Secretary shall perform the following functions:
- To follow the capital market development, especially the capital market regulations
- To provide the public with any information needed by investors relating to the condition about the Company
- To provide an input to the Board of Directors to comply with applicable laws and regulations
- As a liaison or contact person between the Company with the appropriate authorities and the public
Corporate Secretary is expected to support the realization of corporate vision, mission and strategies. She or he shall be able to nurture and develop good relationship with the institutions and media communities in order to build good image of the Company. The Corporate Secretary works closely with community relation, particularly in building good relationship with non-market communities and performing function of corporate social responsibility.
- Internal Control & Audit System
Throughout the year, the internal audit department evaluats the Company’s bookkeeping system. Internal control role are conducted through routine visits to business units.
- Information Transparency
We are aware that information disclosure plays an important role in being a public company and we take this matter very seriously. All Capital Market disclosures are made in timely fashion and are submitted to the regulatory authorities. To keep all shareholders abreast of the health of our company, information regarding our hotels and latest projects is available on our website along with an archive of the company’s quarterly and annual reports, and corporate actions. A dedicated email, info@buvagroup.com, is also available to answer any inquiries.
The remuneration is determined based on performance-based
measurement. The Board of Commissioners has the authority to formulate
the remuneration packages for both Commissioners and Directors. Bukit Uluwatu Villa BUVA
The Corporate Social Responsibility at Alila Villas Uluwatu and Alila Ubud takes the three excellent concepts of Tri Hita Karana.
Tri Hita Karana is the life concepts of the Balinese community in accomplishing secular and spiritual bliss through harmonization of the relationship between human and God (spiritual concept) – Parhyangan, human to human (social / community concept) – Pawongan, human and environment (environment concept) – Palemahan into an integral unity.
The Company’s CSR programs are true to Balinese heritage, Tri Hita Karana, which emphasizes that both secular and spiritual bliss can be attained through a harmonious relationship between mankind and God, mankind and each other, and mankind and the nature. Parallel with that philosophy, the Company pays attention to religious, cultural, social, and environmental aspects on all CSR programs implemented. The Company understands the importance of environmental preservation as an effort to build a good Company image. CSR program is also Company’s investment for growth and sustainability.
PURPOSE OF SOCIAL RESPONSIBILITY
The implementation of CSR as moral responsibilities of the Company’s operations has a number of purposes:
- To improve the Company’s performance through improvement of productivity and stability of working environment;
- To maintain a good brand image and reputation on all business lines;
- To strengthen the relationships with stakeholders since in implementing CSR, the participation of stakeholders, such as local government and community, are needed;
- Creating opportunities for the Company to showcase their competitive advantage, thus people may easily remember the Company’s distinction as compared to their competitors that offers similar products and services.
CORPORATE SOCIAL RESPONSIBILITY IN ENVIRONMENTAL SECTOR
In managing all aspects of operations, the Company is committed to always considering thoroughly the effects it may bring towards their stakeholders. Therefore, the Company consistently pays attention to the environmental preservation by implementing a few initiatives of CSR program in the environmental sector, such as:
Alila Villas Uluwatu Bali
- Cleaning Activities (gotong royong)
Alila Villas Uluwatu carried out cleaning activities before and after Piodalan day in Pura Ulun Danu Beratan, Pura Uluwatu, Pura Muren, and Pura Semer, as well as cleaning the road of Belimbing Sari together with the Tambyak community and its surrounding community.Green Campaign by Alila Villas Uluwatu
- Green Campaign by Alila Villas Uluwatu
Alila Villas Uluwatu had taken initiatives of Green Campaign by organizing an organic trash collecting competition on February 26, 2016 in the hotel area.
- 100 Ketapang Kencana Trees Planting
Alila Villas Uluwatu donated 100 Ketapang Kencana trees to be planted in the surrounding area of Pura Uluwatu for reforestation effort together with Desa Pecatu residents on March 20, 2016.
- Pantai Jimbaran Cleaning
Jimbaran beach cleaning program, named International Coastal Clean-Up Programme, was carried out on September 10, 2016.
- Contract With Local Garbage Transportation Company
Establishing cooperation with a local company (Tambyak Lestari) to collect garbage around Alila Villas uluwatu. The garbage was then separated into several categories: reuseable, recyclable, and sent to government landfill (TPA).
Alila Ubud
- Alila ubud joined Bali Recycling service, a waste and recycling management.
Alila Manggis
- Alila Manggis had been working together with conservation organization Yayasan Alam Indonesia Lestari (LINI) and local fishermen to develop Coral Conservation Programme with the purpose to anticipate coral reef extinction;
- Established “Bebas Sampah Plastik” (No Plastic Waste) program, where the employees of Alila Manggis cleaned plastic waste from the coastal area around the hotel.
- Alila Manggis commitments in preserving the environment had presented the Company with a Gold Certificate from EarthCheck, an international environment management that focuses mainly on energy, water usage, and waste management.
CORPORATE SOCIAL RESPONSIBILITY IN EMPLOYMENT PRACTICES, OCCUPATIONAL HEALTH AND SAFETY
In managing all aspects of operations, the Company is committed to always fully considering the effects on their stakeholders. This is shown by the Company’s firmness regarding employment practices and occupational health and safety with the purpose of minimizing work accidents.
Human Resources (HR) is the most important asset for the continuance of the business, therefore the Company is committed to managing human resources by prioritizing the improvement of quality and professionalism.
Gender Equality and Work Opportunities
Human resource management practices in Bukit Uluwatu are implemented without prejudice to gender, religion, race or other groups. All Indonesian citizens that can meet the requirements and qualification and pass the recruitment phase set by the Company have equal opportunities to start their career in the Company. The Company is also committed to fulfilling various rights and obligations of the employees according to laws and regulations as part of employment policy.
Occupational Health and Safety
The Company has a high regard towards occupational health and safety of their employees. The Company accommodates a few health facilities such as; outpatient health coverage, in-patient insurance coverage, life and work accident insurances.
Additionally, the Company also provides a number of benefits for their employees through social security program in accordance with the applicable laws and regulations such as:
1. Employment Benefit (BPJS Ketenagakerjaan)
- Death Insurance;
- Work Accident Benefit;
- Pension; and
- Retirement Benefit
2. Health Benefit (BPJS Kesehatan)
Employee Turnover
Employee turnover rate in 2016 stood at 51 people. This number faced a decline from 2015 which was reported at 58 people.
Education and/or Trainings
As part of the employees’ efforts in improving their human resources competencies, the Company has administered various education and training programs that have been tailored to the employees’ profession to support the Company’s growth. Throughout 2016, the Company administered 544 training programs that were attended by 598 participants.
CORPORATE SOCIAL RESPONSIBILITY IN SOCIAL AND COMMUNITY DEVELOPMENT
In managing all aspects of operations, the Company has committed to always contributing positively to social and community development, so that the existence of the Company’s operations has a positive value for the Balinese people. Realization of social responsibility program in social and community development conducted in 2016 is as follows:
Alila Villas Uluwatu Bali
- Support in the form of donation, cooking ingredients, and gas for cooking for Bali Life Foundation which is an orphanage. This support had been carried out since 2009;
- Monthly supports for Bali Life and Bali Wise. The supports are in the form of money and training programs for children in both foundations;
- Cash donations to support religious activities in a few Pura (Hindu Temples) in Pecatu and its surroundings;
- Offers daily religious offerings done by village religious leader;
- Contributed towards Festival Ogoh-ogoh in Pecatu by distributing donation to 9 Banjars in the village to support youth organizations in creating the Ogoh-ogoh;
- Continually collaborates with the community in making hotel amenities using hand-made organic materials created by a community in a remote village in East Bali;
- Donations in the form of money, food, and baby toys to Yayasan Sayangi Bali that accommodated and took care of abandoned babies. This program were carried out in September 25, 2016.
Alila Ubud Bali
- Collaborated with Yayasan Kupu-Kupu in Ubud that supports children and adults with physical and mental disabilities. Currently, the hotel’s sandals has been produced by these organizations and purchased by Alila Ubud. We also showcase their artworks for sale without commission at Alila Gallery and Alila Living Boutique to further promote the organization’s work;
- Collaborated with East Bali society to create creative works. This initiatives gave them the opportunities to earn income from soap making;
- Contributed by donating for traditional activities, religious ceremonies, and construction of religious buildings;
- Collaborated with Saraswati Foundation, an organization which members are all women that recycle paper to create new paper products. The organization recycles paper waste from our hotel and transform them into recyclable postcards, menu cards, and greeting cards that we use to promote events at Alila Living Boutique.
Alila Manggis
- Monthly donations in the form of money, drinks, snacks, and school stationeries to Bali Kumara Foundation every month;
- Helped Buitan Village with cash donation amounting to Rp80,000,000 for the construction of Pura Galuh located beside Alila Manggis.
- Organized Piodalan once every sixth months together with the people around the hotel;
- Supported Buitan Village Festival by inviting national businessmen to participate in Color Run;
- Collaborated with Bali Kumara Foundation in children program such as dancing, storytelling, English and Karatecourses;
- The planting of 1000 coconut trees so that the results will be beneficial for all in the future;
- Contributed by donating to traditional events, religious ceremonies, and construction of religious houses.
CORPORATE SOCIAL RESPONSIBILITY TO CONSUMERS
As a company that engages in services sector, consumer satisfaction is vital.The Company implements an integrated quality control management, through an optimized quality control system up to customer complaints and services in running its operations.
As part of their responsibilities to consumers, the Company continues to provide customer channels to submit complaints and inputs for the Company. Therefore, all information or complaints delivered will be processed in a timely manner and as accurately according to the applicable provisions.
The Company provides channels for customer complaints through ask@alilahotels.com
Funding
The Company shows their contribution and commitment towards their CSR program by creating annual budget to fund their CSR programs. Below are the information regarding the fund realization of PT Bukit Uluwatu Villa Tbk in 2016:
- Total expenses of Alila Villas Uluwatu spent from January to December 2016 to support their CSR program amounted to Rp575 million.
- Total expenses Alila Ubud spent from January to December 2016 to support their CSR program amounted to Rp475 million.
- Total expenses Alila Manggis spent from January to December 2016 to support their CSR program amounted to Rp200 million. Bukit Uluwatu Villa BUVA
Bukit Uluwatu Villa BUVA
Alila Villas Uluwatu
Situated in approximately 60,000 square meters of land along the southern coast of Bali, Alila Villas Uluwatu is a classic exhibit of modern resort architecture. Standing on panoramic Peninsula Hill, the property, completed in 2009, adds luxury to Bali’s contemporary lifestyle resort, and a benchmark for BUV’s green approach to maintaining a harmonious relationship with resort surroundings. Designed by world-renowned WOHA Design Pte Ltd of Singapore, the green concept is complemented by the use of recycled woods in onstruction, careful management of rainwater, salt-water swimming pools and smart wastewater management.
This ‘crafted luxury’ destination, with its masterful conversion of land once considered ‘cursed’ into a world-class resort, is located in Bali’s new tourism zone along side other luxury properties including Bulgari, Banyan Tree and Karma Kandara. The cliffside masterpiece attracts guests through a combined leisure and lifestyle experience enriched by local culture and luxury indulgences, including spa treatments and culinary experiences ranging from signature fine dining to casual, street-vendor restaurants.
Bukit Uluwatu Villa BUVA
Alila Manggis
Alila Manggis is a secluded, stylish seaside resort in Manggis, East Bali. A soothing haven of serenity set amidst a coconut grove, nestled between the sea and the majestic Mount Agung, Bali’s most sacred mountain. Head away from the crowds to this unspoilt east coast resort in Candidasa, where modern European shapes meet open, tropical design. Demonstrating creative function, elegant luxury and pure well-being, outdoors meets indoors throughout this boutique hotel. Bali’s perfect ocean views are captured from four two-storey buildings built around a palm-fringed pool, ideally demonstrating simple forms and Balinese touches.
Alila SCBD
Alila SCBD is a truly inspired version of a modern city hotel, with BUV leveraging its design and ambience prowess to deliver the Alila experience to business travelers. Offering a vast range of indulgences (food and beverages) and private meeting facilities, this business-oriented hotel will be the perfect meeting place for business people and trendsetters in Jakarta’s central business district (CBD), and will be anchored by a terrace cafĂ© offering fine dining and a rooftop lounge overlooking the CBD. The property will be developed under the management of PT Bukit Lentera Sejahtera, a hospitality-focused joint venture company between BUV (60%) and PT Lentera Cemerlang Indah (40%). The joint venture agreement was signed on March 10, 2011.
The Cliff – Alila Villas Uluwatu
Bukit Uluwatu Villa BUVA
Alila Villas Bintan
Luxurious Alila Villas Bintan is situated on a beautiful island near Singapore. Built under the management of PT Bukit Lagoi Villa, one of the Company’s subsidiaries (BUV holds 99.8% ownership), this exclusive property will serve as a new retreat destination. Its proximity to Singapore, just 40 minutes away by ferry, will deliver relaxing seclusion with easy access to urban entertainment and world-class shopping. Alila Villas Bintan will be Alila Hotels and Resorts’ third ‘crafted luxury’ destination, after Alila Villas Uluwatu and Alila Villas Soori.
Resort development is managed by the same team behind Alila Villas Uluwatu, with design supervised by Singapore-based architectural company WOHA Design Pte Ltd. The property will boast approximately 70 keys, with 30 units of two and three-bedroom pool villas designated as available for sale
Alila Tarabitan – Manado
Head Office
Sequis Center 9th Floor
Jl. Jend Sudirman Kav 71
Jakarta 12190 Indonesia
Telephone : +62(0)21 525 6516
Facsimile : +62(0)21 525 6517
Email : info@buvagroup.com
Alila Villas Uluwatu
