Palembang – PT Semen Baturaja Tbk (SMBR), as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG), participated in the 2023 Palembang Expo exhibition which was held in celebration of the 1340th anniversary of Palembang City.

The exhibition will last for four days from 15 to 18 June 2023 in the front yard of the Palembang Mayor Kambang Iwak’s official residence. Show 75 stands displaying various products from Micro, Small and Medium Enterprises (MSMEs) in the Palembang area, one of which is SMBR. In the previous year SMBR also participated in the same activity.

This year, SMBR brought 13 superior products from Rumah BUMN Baturaja fostered partners, including clothing and food typical of South Sumatra. Not to forget, various interesting activities and entertainment were also held by SMBR during the exhibition, such as games and sweepstakes, which succeeded in getting the enthusiasm of the visitors who attended.

This exhibition is a promotional event to display a variety of products made by Micro, Small and Medium Enterprises (MSMEs) from Rumah BUMN Baturaja fostered partners.

On Sunday (18/6) at the closing session of the exhibition, the winner of the best stand category was announced, and SMBR won the 1st Place Best Expectation Stand award which was received directly by Gili Aprial Braja Senior Manager of SMBR’s Corporate Social Responsibility (CSR).(*)

Yogyakarta – PT Semen Baturaja Tbk (SMBR) as a Subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) through the Environmental Social Responsibility Program (TJSL) provided financial assistance worth 100 million to support the “Joint Waste Eradication Program” in the construction of Waste Treatment Sites Reduce – Reuse – Recycle (TP3SR) to the Faculty of Engineering, Gadjah Mada University (UGM).

The assistance was symbolically handed over to the Deputy Dean for Finance, Assets and HR of the UGM Faculty of Engineering Muslikhin Hidayat by SMBR Main Director Daconi Khotob who was accompanied by SMBR CSR Senior Manager Gili Aprial Braja on Friday (9/6) in the Prof. Building. Roosseno SLGC Faculty of Engineering UGM. Also attended by Deputy Dean for Research, Community Service and Collaboration at the UGM Faculty of Engineering, Ali Awaludin.

SMBR Main Director Daconi Khotob said that the TPS3R development assistance was SMBR’s TJSL program as part of the company’s commitment to support sustainable waste management and environmental preservation efforts. Not only that, this is a concrete step and our shared vision to create a clean, healthy and sustainable environment. “With this assistance, we are providing support to the UGM Faculty of Engineering in their efforts to improve waste management infrastructure, provide education to academics and the public, and develop creative initiatives in promoting the TPS3R principles,” explained Daconi.

Meanwhile, Deputy Dean for Finance, Assets and HR, Faculty of Engineering, UGM Muslikhin Hidayat explained that the TPS3R program includes the principles of Reduce, Reuse and Recycle, representing our commitment to protecting the natural environment and encouraging the use of natural resources. power wisely. “Thank you to Semen Baturaja for its contribution which is expected to provide broad benefits, both for the campus environment and the surrounding community. With the existence of an effective and efficient waste processing facility, it is hoped that awareness of the importance of sustainable waste management will increase, as well as create a cleaner and healthier environment,” said Muslikhin. (*)

Palembang – PT Semen Baturaja Tbk (SMBR) as a Subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) was chosen as the best stand III for the BUMN category at the 2023 Sriwijaya Expo Event which was held at Jakabaring Sport City (JSC), Palembang City on 24 – Last May 28, 2023.

The award was given directly by South Sumatra Provincial Government Officials witnessed by the Deputy Governor of South Sumatra, Mawardi Yahya, who was received symbolically by SMBR Vice President of Marketing Kartha Kurniadi on Sunday (28/5).

The Sriwijaya Expo event is held annually by the Provincial Government of South Sumatra, last year SMBR also took part in the same event. In this event, SMBR provided information to customers that currently Semen Baturaja products can be purchased online through the Tokopedia marketplace at the Semen Baturaja Offical Account. Many attractive offers and discounts can be obtained by customers by ordering through Tokopedia.

SMBR Vice President of Marketing Kartha Kurniadi said that as a cement industry company in South Sumatra, SMBR’s presence at the Sriwijaya Expo also had a positive impact in supporting economic progress in South Sumatra Province. “By being part of this event, SMBR is participating in driving the infrastructure development sector in South Sumatra,” he said.

Apart from that, SMBR also enlivened this event with lucky draw games with attractive merchandise prizes, of course this will attract the interest of visitors to participate in the event and increase their awareness about SMBR products.

Palembang, 30 May 2023 – PT Semen Baturaja Tbk (SMBR) received a visit from the management of PT Semen Indonesia (Persero) Tbk (SIG) in Baturaja, Ogan Komering Ulu Regency, South Sumatra on Friday (26/5). This visit was in the context of friendly relations and strengthening post-integration synergies.

The visit was carried out by the Main Director of SIG, Donny Arsal, Director of SIG Supply Chain, Yosviandri, Director of Operations at SIG, Reni Wulandari, Director of Human Resources and General Affairs of SIG, Agung Wiharto and Director of Business and Marketing of SIG, Subhan and was received by the Main Director of SMBR, Daconi Khotob, Director of SMBR Operations Function, Suherman Yahya and Director of SMBR Finance & HR Function Rahmat Hidayat. In addition to strengthening post-integration synergies, this visit also saw reclamation and revegetation activities in the post-mining area of SMBR which was utilized as a habitat for Trigona bee colony cultivation.

The Main Director of SMBR Daconi Khotob in his remarks said, the joining of SMBR to SIG, is expected to improve operational performance to achieve company goals effectively and efficiently and provide quality products and good service not only for SMBR but also SIG as the holding.

“Not only that, the composition of SMBR’s employees is mostly filled with millennials, which reaches 87 percent, meaning they are ready to be invited to run for the progress of the company and the holding,” said Daconi.

Meanwhile, the Main Director of SIG, Donny Arsal expressed his gratitude for the welcome given by SMBR colleagues. As Holding, SIG really appreciates this activity. The challenges in 2023 will not be lighter. Therefore, the synergy between SIG and SMBR is expected to generate new advantages, better market coverage, and more efficient production costs which will ultimately improve the company’s performance.
“This integration is a government program to unite cement BUMN clusters into one group to face competitive market conditions. Through this synergy, it is expected to provide benefits to all stakeholders, including employees,” said Donny Arsal.

At the event, the management of SIG and SMBR also planted New Crystal longan tree seeds (Dimocarpus longan) as an effort to protect the environment and reduce carbon emissions. Then proceed with visiting the SMBR mining area where reclamation and revegetation activities have been carried out using a silvicultural system, which is an innovation from the SMBR Beeyond Team in managing ecosystems in the post-mining land area as a habitat for Trigona bee colonies.

The green area resulting from the reclamation program grows many types of plants. The 30.14 hectare land in the post-mining area is a habitat for fruit trees, flowering ornamental plants, and plants with medium to tall trees. This type of ornamental plant which contains a lot of nectar and pollen is what bee colonies like very much, so the idea of using this plant as a habitat for Trigona beekeeping emerged.

Trigona bees or often referred to as kelulut bees, clancing, klenceng, or bells are one of the largest stingless bee genera. Trigona is a type of honey bee that is mostly kept traditionally by rural communities around forest areas.

Currently, SMBR’s Trigona beekeeping is 45 bee colony boxes and Alhamdulillah, Trigona honey production has reached 10-12 liters per 2-3 month period of harvest.
SMBR plans to empower experienced local beekeepers in the Baturaja area to develop this innovation. So that it is expected to be able to educate other communities to participate in beekeeping independently, and can become one of the activities that support the company’s Corporate Social Responsibility (CSR).

Palembang, 21 May 2023 – In commemoration of the 77th Anniversary of the Province of South Sumatra (Sumsel). The Provincial Government of South Sumatra held a Decorative Car Carnival on Sunday (21/5).

The carnival which was attended by each agency in South Sumatra including OPD, BUMN/BUMD and vertical agencies was released by the Governor of South Sumatra H. Herman Deru at the yard of Griya Agung, Palembang City. The routes taken were from Griya Agung, Polda Intersection, Charitas Hospital Intersection and finished at the South Sumatra Governor’s Office.

Of the dozens of decorative cars that took part, PT Semen Baturaja Tbk (SMBR) was chosen as the first Favorite Champion. On that occasion, SMBR Manager of Public, Government & Media Relations (PGMR) Rian Alfiana Assega who attended the event after receiving a two-door refrigerator prize, said that for this carnival we decorated with the theme of Elephant, because this animal is an iconic symbol of SMBR.

“Elephants are known as strong animals and have extraordinary physical strength. Therefore, SMBR chose the elephant as its symbol to represent quality cement products and be able to provide structural strength and durability in construction projects,” added Rian.

Meanwhile, the Head of the South Sumatra Province Culture and Tourism Office, Aufa Syahrizal added, for participants there were 51 participants from OPD, BUMN/BUMD, vertical agencies and others.

“This event was held for the first time and was initiated by the chairman of the TP PKK of South Sumatra Province, Febrita Lustia Herman Deru. In the future, this activity is expected to continue to be held to maintain culture and tourism destinations,” he said.

According to him, cars are decorated according to their wishes, uses or messages to be conveyed from their respective agencies. So according to the creativity of each participant.

Meanwhile, the Governor of South Sumatra, Herman Deru, thanked all parties. The reason is, the more activities held can boost the economy in South Sumatra.
“Currently the economy is gradually recovering and this is followed by a spirit of togetherness and mutual cooperation, tolerance and no less importantly a spirit of competition,” he said.

Palembang, 15 May 2023 – PT Semen Baturaja Tbk (SMBR) as a Subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) through Rumah BUMN Baturaja held regional cooking training for UMK Foster Partners. This training was held at the Baturaja BUMN House on Monday (15/5).
The training was attended by 20 participants, the participants were taught basic cooking techniques and guided by resource persons who are experienced in the culinary field, namely Mrs.
This training taught about various types of pempek, such as pempek lenjer, submarine, adaan, and other pempek models. The participants also learned about proper dough processing, selection of quality ingredients, and how to produce the perfect pempek texture.
Meanwhile, one of the training participants, Yuliana, who is engaged in the culinary business, revealed that training like this was good and useful for MSEs to follow.

“I am very enthusiastic about this training, because we were taught from the start on how to choose quality ingredients for making pempek and then learn to process the right dough and produce delicious and delicious pempek,” said Regline.

Yuliana hopes that in the future more and more training can be made to support and improve the abilities and capabilities of MSEs and involve more business actors.

Rumah BUMN Baturaja is committed to providing quality training to the community in skills development. With this training, it is hoped that it can provide additional benefits and knowledge for the fostered partners, so that in the future they can open up opportunities for new business ideas.

Jakarta, 8 May 2023 – PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) held an Annual General Meeting of Shareholders (AGMS) for Fiscal Year 2022 at the Sari Pacific Hotel, Jakarta on Monday (8/5 ) led directly by the Main Commissioner of SMBR, Franciscus M.A Sibarani.

At the AGMS, SMBR managed to record positive performance in the 2022 financial year by pocketing a net profit of IDR 94.83 billion, growing 103% compared to the 2021 period of IDR 46.7 billion. SMBR also agreed to distribute a dividend payout ratio of 20% with a total cash dividend value of 18.96 billion and the remaining 80% or IDR 75.86 billion to be designated as other reserves.

Main Director of SMBR, Daconi Khotob said that in 2022, SMBR was able to record sales volume growth of 4% to 2.01 million tons, even though the demand for cement nationally, especially in the South Sumatra region which is SMBR’s main market, has experienced a correction.

Not only that, SMBR also managed to record revenue throughout 2022 of 1.88 trillion, growing 7% compared to last year’s period. In terms of EBITDA, it was recorded at IDR 437 billion, growing 5% compared to 2021.
“This positive performance record is inseparable from the success of the Company’s strategic initiatives in 2022 which focus on three initiatives, namely Cost Leadership Through SMBRGO45 Program, Strengthen Market Positioning and Competency Improvement of Employees. This is the company’s flagship program in order to streamline costs in various fields and implement best practices in operations so as to achieve positive performance,” said Daconi Khotob.

Changes in the Composition of the Company’s Management

The AGMS also approved changes to the composition of the company’s management. The company expresses its gratitude and gives its highest appreciation for the contribution of the replaced company management in maintaining the financial and operational performance of SMBR.

The meeting honorably dismissed Tubagus Muhammad Dharury as Director (Finance and HR Function).
Furthermore, the Meeting appointed the Board of Directors of the Company, namely Rahmat Hidayat as Director (Finance and HR Functions).

Along with the approval of these changes, the composition of the company’s management becomes:

Board of Commissioners

NoPositionName
1President CommissionerFranciscus M.A Sibarani
2CommissionerHadi Daryanto
3Independent  CommissionerChowadja Sanova

Board of Directors

NoPositionName
1President DirectorDaconi Khotob
2Director (Operation Function)Suherman Yahya
3Director ( Finance & HR Function)Rahmat Hidayat

Other meeting resolutions

In addition to approving the distribution of dividends and changes to the management of the company, the AGMS also approved the Annual Report of the Board of Directors for the 2022 Fiscal Year including the Supervisory Report of the Board of Commissioners and ratified the Company’s Consolidated Financial Statements for the 2022 Fiscal Year as well as granting full release and discharge of responsibility (volledig acquit et de charge) to The Directors and Board of Commissioners of the Company for the management and supervisory actions that have been carried out during the 2022 Fiscal Year;
Ratification of the Annual Report including the Financial Report of the Micro Small Business Funding Program for the Fiscal Year 2022, as well as granting of release and discharge (acquit et de charge) to the Directors and Board of Commissioners of the Company for the management and supervision of the Micro Small Business Funding Program that has been carried out during the Fiscal Year 2022 ;

Determination of Tantiem for the Board of Directors and Board of Commissioners of the Company for the 2022 Fiscal Year and Income for the Directors and Board of Commissioners for the 2023 Fiscal Year;

Appointment of a Public Accounting Firm to audit the Company’s Consolidated Financial Statements for Fiscal Year 2023 and Financial Statements for the Micro Small Business Funding Program for Fiscal Year 2023.

Additional information

SMBR continues to encourage business practices that pay attention to sustainability aspects (Environment, Social and Governance/ESG) consistently in line with the company’s vision of becoming the leading Green Cement Based Building Material Company in Indonesia. This is also in line with the Sustainability Strategy that has been established by Holding SIG as a form of commitment to sustainability. In terms of the Environment, it is recorded that for 2022, as a form of support for the decarbonization program, SMBR encourages increased use of Alternative Fuel & Raw Material (AFR) in production activities. SMBR succeeded in reducing the intensity of Carbon Emissions (Scope 1) down to 0.587 Ton CO2/ton cement equivalent, or decreased by 0.624 Ton CO2/ton cement equivalent as a form of support in the decarbonization program. Reducing the Clinker Factor to 69.4% from 72.9% in 2021 and Increasing the Thermal Subsitution Rate to 2.62% above the 2022 target of 1%.

Additional information

SMBR continues to encourage business practices that pay attention to sustainability aspects (Environment, Social and Governance/ESG) consistently in line with the company’s vision of becoming the leading Green Cement Based Building Material Company in Indonesia. This is also in line with the Sustainability Strategy that has been established by Holding SIG as a form of commitment to sustainability. In the Environmental Aspect (Enviroment) recorded for 2022, as a form

support in the decarbonation program, SMBR encourages increased use of Alternative Fuel & Raw Material (AFR) in production activities.

SMBR succeeded in reducing the intensity of Carbon Emissions (Scope 1) down to 0.587 Ton CO2/ton cement equivalent, or decreased by 0.624 Ton CO2/ton cement equivalent as a form of support in the decarbonization program. Reducing the Clinker Factor to 69.4% from 72.9% in 2021 and Increasing the Thermal Subsitution Rate to 2.62% above the 2022 target of 1%.

Meanwhile, from the Social Aspect, SMBR continues to build awareness of social issues through the SMBR Social and Environmental Responsibility (TJSL) program. More broadly, the implementation of TJSL is not only beneficial for fostering self-sufficiency and community empowerment and reducing social inequality, it is also beneficial for strengthening the carrying capacity of the environment. In 2022, SMBR has channeled funds to social, economic, environmental and legal and governance pillars reaching a total value of Rp. 2.64 billion above 2021’s Rp. 1.75 billion.

In terms of the Governance Aspect, SMBR’s commitment to implementing aspects of good corporate governance SMBR managed to get a GCG Assessment score of 94.02 with a Very Good predicate above the 2021 score of 93.846 and the Risk Maturity index achieved a score of 4.22 with the predicate Mature or Transformed has increased significantly from the 2021 score of 3.46. This achievement reinforces SMBR’s commitment to making governance the foundation of a sustainable business.

JAKARTA – PT Semen Baturaja Tbk (SMBR), a subsidiary of SIG, signed a Syndicated Sustainability Linked Loan (“SLL”) Credit Agreement of IDR 901.425 billion with four banks, including PT Bank Negara Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank CIMB Niaga Tbk, and PT Bank HSBC Indonesia.

The signing was carried out in the Plenary Room of the SIG Head Office, South Quarter, Jakarta, on Tuesday (28/3/2023) by the Main Director of Semen Baturaja, Daconi Khotob; Head of Syndication & Corporate Solution Division of Bank BNI, Yogi Bima Sakti (as BNI Facility Agent); Head of Corporate Banking 3 Division of Bank BNI, Dipo Nugroho; SVP Corporate Banking 2 Group Bank Mandiri, Budi Purwanto; Deputy Head of Wholesale Banking PT Bank HSBC Indonesia, Dionisia Andrea Lachman; as well as SVP Corporate Banking of Bank CIMB Niaga, Putu Arimbawa and VP-Structured Finance, Mergers & Acquisitions of Bank CIMB Niaga, Rifan Arista.

The SLL Syndicated Credit Agreement for Semen Baturaja is in line with the Sustainability Strategy that has been set by SIG as a form of commitment to sustainability through the implementation of ESG (Environmental, Social, Governance) principles, and at the same time is part of a series of Sustainability Framework which was released by SIG on October 14, 2022 Then.

SIG’s Director of Finance and Risk Management, Andriano Hosny Panangian said, the SLL program is a manifestation of SIG’s seriousness in implementing ESG aspects which are part of the Company’s efforts to reduce carbon emissions through sustainable operating standards that have a positive impact on the environment and society, and are strong from a governance standpoint. (governance) and compliance (compliance).

“SIG continues to encourage reprofiling of the capital structure within the SIG Group which supports sustainability in order to create environmental protection and sustainable social responsibility. This is very important, especially related to the going concern and resilience of the Company in the future,” said Andriano Hosny Panangian.

Meanwhile, the Main Director of Semen Baturaja, Daconi Khotob welcomed the SLL program initiated by SIG as Holding. This SLL program further strengthens the company’s commitment to sustainability through the implementation of ESG principles, and provides an important basis for carrying out business activities that are more environmentally sound, in line with Semen Baturaja’s vision to become the leading Green Cement-Based Building Material Company in Indonesia.

“This SLL Syndicated Loan will provide many benefits for Semen Baturaja, including lower interest rates than conventional loans, more attractive term sheets, the flexibility to make accelerated repayments, and broaden the scope of investors considering that Semen Baturaja is a public company,” said Daconi Khotob.

Head of Corporate Banking 3 Division Bank BNI, Dipo Nugroho said, BNI as the agent and SLL coordinator really supports SIG in efforts to maintain environmental sustainability and have a positive impact on social life. It is hoped that GIS can become a role model for other companies to pay attention to environmental aspects in their business activities.
“SLL is a very positive program and BNI is committed to supporting policies related to sustainability. This is a very important milestone for BNI and we really hope that this collaboration will continue for the success of the SIG business going forward,” said Dipo Nugroho.

Previously, on 19 December 2022, SIG and its subsidiary PT Solusi Bangun Indonesia Tbk (SBI) had also signed an SLL Syndicated Credit Agreement with 12 (twelve) banks as creditors. In the SLL Syndicated Credit Agreement, SIG will obtain credit of Rp. 4.15 trillion, while SBI will obtain credit of Rp. 2.74 trillion.

SLL is an existing syndicated bank loan refinancing scheme, without adding to the debt burden. Apart from being SIG’s commitment to decarbonization initiatives, SLL also provides the benefit of reducing interest margins compared to existing syndicated bank loans with better terms. More than that, SLL also has a positive impact on increasing ESG ratings, so that it can return SIG to the IDX ESG Leader Index and increase global and national investor confidence.

PALEMBANG – PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) supports the Palembang City PUPR Service in organizing Technical Guidance (Bimtek) and Competency Certification for Skilled Construction Workers for Palembang City this year. This activity is a fairly routine collaboration in the last few years between SMBR, the Palembang City PUPR Service and the Region II Construction Services Center to organize training and certification of masons in the City of Palembang.

The Bimtek which was held at Benteng Kuto Besak Field, Palembang City was attended by approximately 837 participants from various fields of construction. This activity took place from 13 – 18 March 2023 and was attended by the Regional Secretary (Sekda) of Palembang City, Ratu Dewa. It was also attended by the Palembang City Regional Leadership Coordination Forum (Forkopimda) and PUPR Construction Competency & Productivity Director Dedy Natrifahrizal and Palembang City PUPR Service Head Akhmad Bastari, as well as several other echelon 1 officials.

The training was officially opened by the Regional Secretary of Palembang City Ratu Dewa on Monday (13/3). In his remarks, he said that this Bimtek aims to provide skills and knowledge in the construction sector for workers in several fields, so that the quality standards they have are certified. “We want the potential of the workers in Palembang to be competitive,” he said.

He added, this activity is an activity that is beneficial for workers in the future, so they are able to have certification as well as capable skills in their field. In fact, the number of activities that were held was quite large and the largest in Indonesia.

SMBR’s VP of Marketing, Kartha Kurniadi, on the same occasion explained that as a form of commitment and support for this activity, SMBR entered into a cooperation agreement with the PUPR Office of Palembang City last Monday (13/3) to provide facilities and infrastructure for carrying out competence development and empowerment activities as well as construction worker certification. “Construction workers also need to equip themselves with knowledge through hands-on training and practice, which will help improve their skills and competencies to be competitive. This competitiveness will boost the productivity and welfare level of construction workers,” he added.

Head of the Palembang City PUPR Service Akhmad Bastari added “Thank you to Semen Baturaja for collaborating with the Palembang City Government, especially the Palembang City PUPR Service to improve the competence of construction workers in Palembang City. Continue to innovate and support infrastructure development in South Sumatra,” he said when met at the event.

On this occasion, SMBR also had the opportunity to provide training materials, namely, the application of Baturaja Mortar for Lightweight Bricks and Baturaja Mortar for Ceramics and Cement Baturaja for PCC Types. SMBR also conveys an easy way to order cement practically and free shipping for orders at the Semen Baturaja Official Store on Tokopedia.

Baturaja Ceramic Pair Mortar is a material for the Construction Worker Competency Test, on the criteria of a Ceramic Builder. Then the PCC type of Baturaja Cement was used, for the Competency Test material for Bricklayer Criteria.

Mustopa, a man from Kertapati, Palembang City, as one of the Bimtek Construction participants said “With this activity we feel helped, firstly we gain useful experience and knowledge secondly we also get certification which is an added value so that we are more trusted by the community,” said Mustopa.(*)

JAKARTA – Pushing Innovation, PT Semen Baturaja Tbk (SMBR) as a Subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) won the Best Business Innovation category II award at the 12th BUMN Award 2023. With the theme “Acceleration of Digital Transformation, Innovation and Business Recovery BUMN”.

The award was received directly by SMBR Vice President of Corporate Secretary Basthony Santri representing SMBR Management on Wednesday (15/3) at the Puri Agung Convention Hall Grand Sahid Jaya, Jakarta.

Basthony said that the company was able to achieve this achievement due to the consistency of the SMBR Management to continue to encourage business innovation, especially adapting to the current digital transformation era.

The BUMN Award, which was held by BUMN Track and supported by PPM Management, is an event to appreciate the performance of BUMN digitalization for business achievements and its impact on society. As well as the hard work of each SOE to continue to generate creative and innovative ideas to maintain business continuity in the endemic transition era.

“SMBR has increased the digitization of business processes by developing integrated applications and management support tools in managing the company, analyzing and making decisions as well as talent development programs. Besides that, SMBR also continues to apply the principles of Environment, Social and Governance (ESG) in every line of the company’s business to create a sustainable business,” said Basthony.

“The award we received is certainly a motivation and enthusiasm for all SMBR people to continue to innovate and improve company performance,” he added. (*)