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PPRO Receives Warta Ekonomi Indonesia Excellence Good Corporate Governance Awards 2022

Jakarta, February 24, 2022 – In achieving maximum growth, PT PP Properti Tbk (Stock code: PPRO) consistently realizes Good Corporate Governance and is fully committed to managing the company in order to achieve maximum growth so as to increase company value. This is realized by the fulfillment of policies that support the implementation, enforcement of Good Corporate Governance and the principles of Transparency, Accountability, Responsibility, Independence and Fairness (TARIF). This year, PPRO received the Award: Excellence in Implementing Good Corporate Governance in Corporate Strategy for Innovative Business in the category: Property and Construction Industry.

President Director of PT PP Properti Tbk, Mr. I Gede Upeksa Negara when attending the invitation of the Indonesia Excellence GCG Awards 2022 virtually said, “We are very grateful and always committed that PT PP Properti Tbk can continue to implement and improve GCG practices in the Company so that it can become a sustainable company. and adaptive to face the challenges of business development in the future,” he said.

This year, PPRO has received several awards including The Best Public Relations in Company Strategy on Developing Integrated Residentials Market Segmentation at the Indonesia PR Award (IPRA) on 27 January 2022 and the International Award event, League of American Communications Professionals LLC or LACP. Vision Award Annual Report Competition World Rank 16 with a total score of 99 out of 100. This international award is a form of implementation of GCG principles in
p.transparency In implementing GCG, PPRO achieved a self-assessment score of 93.06 in 2020 with a very good predicate.

PPRO continues to strive so that the principles of GCG Tariff (Transparency, Accountability, Responsibility, Independence & Fairness) can be implemented properly in order to maintain the interests of the Company with the interests of customer satisfaction and potential investors in all of the Company’s projects.

“For all companies that are included in the ranks of the 2022 GCG Awards. Hopefully this appreciation can encourage to improve implementation and maintain GCG adoption that has been going well,” concluded I Gede Upeksa Negara.


About PT PP Properti Tbk :

PT PP Properti Tbk (stock code: PPRO) is a BUMN subsidiary of PT PP (Persero) Tbk (stock code: PTPP). The Company was established in December 2013, but has had experience since 1991 and the Company has now been a listing company on the Indonesia Stock Exchange since May 2015. In 2017, the Company split its share value from Rp. 100 (one hundred rupiah) to Rp. 25 (twenty five rupiah). The Company has 3 (three) business segments, namely Residential, Commercial and Hospitality. Since 1991 until now The company developed around 53 projects including 35 Residential, 12 Mall & Edutaiment, and 6 Hospitality.

For further information, please contact:
Corporate Secretary
Deni Budiman
PT PP Properti Tbk.
Plaza PP 7th Floor
Jl. TB Simatupang No.57
Rebo Market, Jakarta 13760
Tel : 021 – 8779 2734
Fax : 021 – 8779 2947

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