Astragraphia won the Third Rank in Private Non Financial Listed Category at the Annual Report Award 2012

JAKARTA - PT Astra Graphia Tbk (Astragraphia) won the third rank in Private Non Financial Listed Category at the Annual Report Award (ARA) 2012 which was held on the 17 October 2013 at Ballroom 1 of the Ritz Carlton Hotel, Jakarta. This is the third award received by Astragraphia after ARA 2002 and ARA 2006 for Private Non Financial Listed Category. This award was received by Calvin Lim represents the Board of Directors of Astragraphia.

ARA is an award for the quality of disclosure of information and the implementation  of Good Corporate Governance (GCG) in the Annual Report of a company with reference to the prevailing regulations and guidelines in nationalwide as well as international. This activity was jointly held by seven institutions, namely Indonesia Financial Services Authority (OJK), the Ministry of State-Owned Enterprises (BUMN), Bank of Indonesia, Directorate General of Taxation, the National Committee for Good Corporate Governance, Indonesia Stock Exchange and the Indonesian Accountant Association (IAI).

The evaluation criteria by the Board of Jury comprise  8 criteria, especially transparency and GCG point of view, consist of General, Financial Highlights, Report of the Board of Commissioners and Board of Directors, Company Profile, Management Discussion and Analysis regarding Company Performance, Good Corporate Governance, Financial Information dan Others. The evaluation process  is carried out through examination of the annual reports of  all participants.  From such evaluation, the Board of Jury determine some nominee of each category to enter into an interview stage. Based on criteria and such evaluation, Astragraphia  win the third rank out of 70 participants for Private Non Financial Listed category with total value 78,92 (from the maximum value 100,00).

As the winner of ARA 2012, Astragraphia received among others, the certification of Tax Checking Exceptions for Tax Year 2012 from the Directorate General of Taxation - the Ministry of Finance of the Republic of Indonesia, Cost Reduction for Annual Listing Fee for year 2014, Pendidikan Profesional Berkelanjutan (PPL) from  the Indonesian Accountant Association; and Cost Rating Reduction for Company in year 2013, Equity Research and Sectoral Review Publication Report and Indonesia Rating Highlight from Pefindo.

"This award is a motivation for each employee of Astragraphia to continually  respect the implementation of the good corporate governance principles which has been carried out by Astragraphia. It is generally useful to support the achievement of sustainable economic growth, and particularly to increase the competitiveness of Astragraphia in its industry," said Lukito Dewandaya , the President Director of Astragraphia.