Press Release

PT Indonesia Kendaraan Terminal Tbk

IPCC RANKED THE BEST SOE COMPANY IN THE IMPLEMENTATION OF ENTERPRISE RISK MANAGEMENT (ERM) BY ECONOMIC REVIEW MAGAZINE

2018-08-06

Jakarta, 6th August 2018 – PT Indonesia Kendaraan Terminal, Tbk or more commonly known as IPC Car Terminal (Stock Code: IPCC.JK) again received a public recognition in the form of Enterprise Risk Management Award II 2018 (IERMA-II-2018) in collaboration with Economic Review Magazine. IPCC won this award in the category of Best SOE Company in the implementation of Enterprise Risk Management (ERM) that was inaugurated directly by the Founder & CEO of Economic Review Magazine Mrs. Hj. Nana Irlisa R. SSN. MM. as well as Head of IKNB-2B Supervision of OJK Mr. Bambang W. Budiawan to Mr. Salusra Wijaya, Director of Compliance at IPCC, on behalf of The President Director on Friday 3rd August 2018.

IPCC realized that implementation of Enterprise Risk Management (ERM) is a fundamental requirement to increase the value add of the company therefore as a publicly listed company, IPCC is able to remain competitive which would ultimately lead to increased shareholders’ wealth.

IERMA-II-2018 is the highest award given to companies which have successfully carried out its risk management, so that the company is able to perform well, grow and become a benchmark to companies in other industries.

IPCC’s President Director Mr. Chiefy Adi K stated that as a publicly listed company, IPCC understands the implementation of Risk Management function is a fundamental requirement not only due to the regulations made by government.

Furthermore, Chiefy stated that “every Risk Owner must be able to realize that every person in the organization is a leader in their field and for this reason, everyone must be able to achieve their targets/KPI expected from their respective fields, in which the elements of risk is unavoidable when it comes to achieving these goals”.

IPCC through their Compliance Directorate in charge of Risk Management function continues to enhance its role to assist in help guarding each and every Risk Owner in achieving their targets.

This commitment is guaranteed by the management of IPCC by conducting Risk Awareness as well as Socialization activities conducted on a periodic basis to all Risk Owners so that they will become aware that, Risk is something we should always have to avoid, however it is something that must be dealt appropriately with appropriate risk mitigation strategies.

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