July 10, 2024
Jakarta, 10 July 2024. PT Indonesia Kendaraan Terminal Tbk (IPCC) received a prestigious ASEAN level award in the field of Risk Management organized by ERMA (Enterpirse Risk Management Academy) based in Singapore. This year, the ASEAN Risk Award 2024 activity which took place in Bangkok, Thailand on July 5 2024 was historic for the IPCC because it succeeded in obtaining 2nd place (Runner Up) at the event for ASEAN Risk Champion category 1, namely companies with revenues under 1 trillion. and has a human resource strength of under 200 workers.
The Company's objective in participating in the 2024 ASEAN Risk Award (ARA) is to measure the actualization of the implementation of risk management and GRC system development which has been implemented consistently since 2020 and to foster a fighting spirit in competing for the Company's performance. "We want to get input from external parties, both domestic and international, regarding what we have implemented in the management of the Company, especially in the field of integrated Risk Management, where this is an important assessment assessed by the Ministry of BUMN," explained Wing Megantoro (Director of Finance, HC and IPCC Risk Management).
In this awarding activity, the IPCC has registered for participation since 2023 which will be held in Singapore. On that occasion, the IPCC succeeded in making achievements as a nominee for the Risk Champion Award category and Runner UP in the ASEAN GRC 2023 category. Starting from these results, in 2024 the IPCC again tried to register participation armed with various improvements and implementation of a better and more integrated Risk Management system. by filling out an online questionnaire accompanied by authentic and updated evidence of implementation in each category.
In this awarding activity, the IPCC has registered for participation since 2023 which will be held in Singapore. On that occasion, the IPCC succeeded in making achievements as a nominee for the Risk Champion Award category and Runner UP in the ASEAN GRC 2023 category. Based on these results, in 2024 the IPCC will again try to register participation armed with various improvements and implementations. With the IPCC's achievements in this event, hopefully can make us more aware of the various risks that may arise and can mitigate them as early as possible so that the Company is better prepared to face all the worst possibilities or crises that may be faced. Furthermore, "as a Public Company, we will continue to evaluate and improve services which are expected to improve performance to meet the expectations of customers and investors. "In terms of brand image, we hope that it will continue to grow and become increasingly well known to the public due to various innovations and strong company fundamentals, which is one of the issuers' success factors in attracting potential investors to invest in our shares," added Wing. Better Risk Management system and integrated by filling out an online questionnaire accompanied by authentic and updated evidence of implementation in each category.
As additional information, this award event was attended by ± 400 proposals from business entities from various industries in Southeast Asia (ASEAN). "In the future, we hope that the IPCC can take part in this event and win the championship in the ASEAN Risk Champion category as part of the company's efforts to run the company in accordance with good corporate governance and as a form of value creation for stakeholders, customers and investors and what "What has been done by the company has been well documented," concluded Wing.
