GGRP Achieves TOP 50 Issuers with Good Corporate Governance
National steel issuer PT Gunung Raja Paksi Tbk (GGRP) has won the Top 50 Issuers with Best Corporate Governance. The award was given by the Indonesian Institute for Corporate Directorship (IICD) at The 13th IICD Corporate Governance Award, today at Graha CIMB Niaga Jakarta. In this case, GGRP won the Best Equitable Treatment of Shareholders for the category of medium companies (Mid Cap).
According to IICD Chairman Sigit Pramono, the IICD Corporate Governance Award is an annual event to give appreciation to public companies with the best GCG practices. In addition, the company is also not involved in serious cases that are contrary to the principles of GCG. The assessment was carried out on 200 issuers with the largest and medium market capitalization listed on the Indonesia Stock Exchange (IDX), supported by 10 assessors. As for the use of the assessment method, based on the Asean CG Scorecard. "Based on the results of our independent assessment, we congratulate and succeed to PT Gunung Raja Paksi, Tbk, which is included in the TOP 50 Issuers with Middle Market Capitalization (Mid Cap PLCs)," said Sigit in a written statement, Monday (30/5). ).