The Honorable Shareholders and Stakeholders,
May I, on behalf of Board of Commssioners and Commitee Members thanking all of you for the trust delegated to represent you all in monitoring and controlling the Company and Board of Directors performance.
Operational point of view, despite the undue COVID-19 situation, the Company manage to grow its revenue compare then the previous year. The Company implemented the Re-Boosting performance which impacted positive result in Majority of SBU's.
Good Corporate Governance
Indicator of the comprehensive Company good corporate governance guidance, non conflict of interest practice, routine socialization and monthly monitoring by committee are the few indicators. Whistleblowing System which was not sufficient in 2019, already improve by Management. Whistleblowing System was socialized well, enhancing everyone in the Company to have access as a Whistleblower.
Strategy in 2021
The Board of Commissioners advised that the Company needs a practice strategy by Re-Modelling the business in 2021 considering the external environment and the changing of business landscape. Re-Modeling is an element of HIT New Era Grand Strategy start from 2018 (Transform) follow by Methamorphose in 2019 and last year, was Re-Boosting the business.
Last but not least, we believe with the effort of the Management and the support from the Shareholders and Stakeholders, the Company will upgrade their position in 2021.