Board of Commissioners
Members of the Board of Commissioners are appointed and dismissed at shareholder meetings. Once appointed each member has a five year tenure.
President Commissioner
He acquired a Bachelor’s Degree in Chemical Engineering from the Faculty of Chemical Engineering of Institut Teknologi Bandung in 1990, and acquired a Master’s Degree in Management from the Faculty of Economics of Universitas Indonesia in 1993.
He joined Tudung Group, as Non-Peanut Division Head (2000-2003) and Operational Division Managing Director (2004-2010) PT Garudafood Putra Putri Jaya Tbk (“PT GPPJ Tbk”), Director and President Commissioner PT Triteguh ManunggalSejati (1999-2013), President Director and President Commissioner of PT Dharana Inti Boga (2004-2013), Vice President Director of PT Suntory Garuda Beverage (2011-2012) dan President Commissioner of PT Triusaha Mitraraharja (2012-2016).
Presently, he is serving as President Director of PT Tudung Putra Putri Jaya, Commissioner of PT GPPJ Tbk, President Director of PT Garuda Bumi Perkasa, President Director of PT Bumi Mekar Tani and Director of Garuda Polyflex Foods Pvt. Ltd.
Prior to joining Garudafood Group, he has experiences with some multinational company in Chemical Industry. His career includes 8 years at various positions in Nalco Chemical Company USA, up to the last position as a Product Manager for Nalco Pacific, Singapore. Also 2 years as Marketing Manager at PT Rhone Poulenc Indolatex a subsidiary of Belgian Solvay Group.
He has affiliation with the ultimate shareholders of the Company namely PT GPPJ Tbk where he is serving as Commissioner of PT GPPJ Tbk.
Commissioner
Prior to joining the Company, he held various positions in several companies, including at Kingfisher (1995-2000) with his latest position as Business Development Manager, at Kurt Salmon Associates (KSA) as Senior Manager (2000-2006), at Metersbonwe as Executive Vice-President (EVP) & COO (2006-2008), at Williamson-Dickie Manufacturing Co. Ltd. (Dickies) as North Asia President (2008-2013), in Lacoste (Shanghai) as CEO for China & Taiwan (2013-2014), and in CVC Capital (Asia Pacific) as its Head (since 2014 up to now). He is also a team member of the CVC Operation in Asia and is based in Singapore.
Since 2019 up now, he has been serving as the Commissioner of PT GPPJ Tbk.
He has an affiliation with the ultimate shareholders of the Company namely PT GPPJ Tbk where he is serving as Commissioner of PT GPPJ Tbk.
Independent Commissioner
Serving as the Company’s Independent Commissioner since 2019. Previously served as, among others, Head of Non-Financial Service Company Assessment Department, Bureau of Financial Assessment of Companies in the Service Sector, Capital Market & Financial Institutions Supervisory Agency (Badan Pengawas Pasar Modal & Lembaga Keuangan, “BAPEPAM & LK”), Ministry of Finance of the Republic of Indonesia (2006 – September 2012). Serving as the Company’s Independent Commissioner since 2019. At present, he also holds the following positions:
2018 – Present: Member of the Audit Committee of PT Gowa Makasar Tourism Development Tbk 2017 – Present: Member of the Audit Committee of PT Siloam International Hospital Tbk 2015 – Present: Member of the Audit Committee of PT Mega Manunggal Property Tbk 2014 – Present: Member of the Audit Committee of PT Soechi Lines Tbk 2013 – Present: Member of the Audit Committee of PT Wismilak Intimakmur Tbk 2015 – Present: Independent Commissioner of PT Bekasi Fajar Industrial Estate Tbk 2013 – Present: Independent Commissioner of PT Lippo Securities Tbk 2012 – Present: Independent Commissioner of PT Sarana Meditama Metropolitan Tbk
Commissioner
He graduated from the Yogyakarta Industrial Academy (1982-1985) and has more than 35 years of experience in several countries, especially in the fast moving consumer goods industry.
He has worked at Royal FrieslandCampina holding various positions and his last position was as President Director at PT Frisian Flag Indonesia (2015 – January 2023), in Hong Kong & Shanghai Banking Corporation as Senior Vice President Marketing & Public Affairs (2006-2007) and at Nestle as Marketing Director (1988-2006).
He does not have a protective relationship with the controlling shareholder of the Company.
Commissioner
He has more than 20 years of experience in the field of financial. He joined PT Garudafood Putra Putri Jaya Tbk in 2001 and has held various positions, including as Head of Finance & Accounting and as Head of Business Development. Since 2012, he has served as Director of PT Garudafood Putra Putri Jaya Tbk until now.
He has work experience at PT Perindustrian Bapak Djenggot Indonesia as Head of Finance Division (1994-1996), at PT Zeta Agro Corporation as Accounting & MIS Manager (1996-2001), at PT Triusaha Mitraraharja as Commissioner (2019-2020), and at PT Sinarniaga Sejahtera as Director (2021-2022).
Independent Commissioner
He graduated from the University of Indonesia, Faculty of Social Sciences (1973-1978) and attended the Advanced Executive Program at the Kellogg Graduate School of Management, Northwestern University, Chicago (2001).
He currently holds various positions in several companies, namely at MGM Boscow as Commissioner, at Sirclo as Main Commissioner, at PT Multi Bintang Indonesia Tbk as Main Commissioner, at PT Deltomed Laboratories as Independent Commissioner and at PT Saratoga Investama Sedaya Tbk as Partner .
He has also worked at PT ICI Paints Indonesia as Independent Commissioner (2009-2022) and at PT Unilever Indonesia Tbk in various positions since 1980, and his last position was as President Commissioner (2015-2020).
He has no affiliation with the controlling shareholder of the Company.
Board of Directors
Members of the Board of Directors are appointed and dismissed at shareholder meetings. Once appointed each member has a five year tenure.
President Director
He earned a bachelor’s degree from the Faculty of Mathematics and Natural Sciences of Institut Teknologi Bandung in 1991 and a Master of Management from the Asian Institute of Management in the Philippines in 2003.
He joined Tudung Group in 2012 as Director of PT Tudung Putra Putri Jaya, a position he still holds up to now. Since 2017, he has been serving as a Director of PT Garudafood Putra Putri Jaya Tbk (“PT GPPJ Tbk”) and reappointed at the Extraordinary General Meeting of Shareholders of PT GPPJ Tbk in 2018 as Corporate Planning Director while concurrently serving as Corporate Secretary. He is also a Commissioner of PT Triusaha Mitraraharja, Director of Goldenbird Pacific Trading Pte. Ltd., Commissioner of PT Garuda Elang Nusantara and Director of PT Hormel Garudafood Jaya. In September 2020 he was appointed as Director of PT Suntory Garuda Beverage and Director of PT Triteguh Manunggal Sejati.
He has over 20 years of experience in finance. Prior to joining Tudung Group, he has worked as Head of Corporate Finance Advisory Division at PT Trimegah Sekuritas Tbk (2011-2012), as Director of PT Independent Research & Advisory Indonesia (2008-2011), as Consultant in Risk Management Unit at Asian Development Bank, the Philippines (2007-2008), as Investment Analyst of Corporate Planning Division at San Miguel Corporation, the Philippines (2004-2007), as Assistant to Director of Finance (Office of the CFO) at United Laboratories Inc., the Philippines (2003-2004), in the Corporate Finance Division at PT Holdiko Perkasa (1999-2002) and as Investment Analyst of Research Division at PT Schroder Investment Management Indonesia (1997-1999).
He has an affiliation with the ultimate shareholder of the Company namely PT GPPJ Tbk, where he is serving as Director of PT GPPJ Tbk.
Director
He has more than 25 years of experience in the field of financial. He joined PT Garudafood Putra Putri Jaya Tbk in 1997 and has held various positions, including as Finance & Tax Manager. Since June 2015, he has served as Director of PT Garudafood Putra Putri Jaya Tbk until now.
He has work experience at KAP Prasetio, Utomo & Co as Auditor (1993-1997), and at PT Sinarniaga Sejahtera as Director (2021-2022).
Director
He earned a bachelor’s degree from the Faculty of Economic Management of Mercu Buana University in 2006 and a diploma degree from Trisakti Tourism Academy in 1992.
He joined PT Sinarniaga Sejahtera in 2012 and now holds the position of Director/Head of Sales of PT Sinarniaga Sejahtera.
He has experience in foodservice and consumer goods industry for more than 27 years in the field of sales and marketing. Prior to joining PT Sinarniaga Sejahtera, he has worked as General Manager of PT M-150 Indonesia, Associated British Food plc, PT URC Indonesia, and PT Fonterra Brands Indonesia.
He does not have any affiliation with the ultimate shareholder of the Company or any members of the Board of Directors and/or Board of Commissioners of the Company.
Organizational structure
The organizational structure PT Mulia Boga Raya Tbk
Open & Transparent
Sharing all kinds of information
Professional Institution
The company cooperates with Capital Market Institutions and Capital Market Supporting Professional Bodies. This section presents information about these institutions and bodies.
Public Accountant
Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan
WTC 3 Jl. Jend Sudirman Kav 29-31
Jakarta 12920
ADMINISTRATION BUREAU OF SECURITIES (“BAE”)
PT Bima Registra
Satrio Tower , 9th Floor A2
Jl. Prof. DR. Satrio Blok C4 Kuningan Setiabudi – Jakarta Selatan
Articles of Association
Articles of Association serve as the basis for taking regulations / laws in organizations and to describe the working mechanism of an organization.
- 2021
Deed No. 2 dated July 8, 2021 - Amendments of Articles of Association
- 2020
Deed No. 57 dated November 27, 2020 - Management Change
Deed No. 19 dated January 22, 2020 - Amendments of Articles of Association
- 2019
Deed No. 12 dated August 9, 2019
Deed of Minister of Law and Human Rights Decree No. 12 dated August 9, 2019
Prospectus
Initial Public Offering of Shares of PT Mulia Boga Raya Tbk 2019
All financial information contained in this Prospectus comes from financial statements that are stated in Rupiah unless otherwise stated and presented in accordance with the principles of financial accounting standards in Indonesia.
Shareholder Information
| Shareholders | Total Shares | % Ownership |
| PT Garudafood Putra Putri Jaya Tbk | 991.104.600 | 66,07% |
| PT Tudung Putra Putri Jaya | 102.758.700 | 6,85% |
| Pelican Company Limited | 271.875.000 | 18,13% |
| Public | 134.261.700 | 8,95% |
| Total | 1.500.000.000 | 100% |
Listing of Stock
Year & Corporate Action/Policy
2019
Initial Share Registration of 1,500,000,000 shares on November 25, 2019
Dividend Policy
The Board of Directors recommends the amount of dividends to be distributed taking into account the Company’s performance in the current year, the Company’s growth movements and attractive returns that are reasonably acceptable to the Company’s shareholders, as well as positive Company profit balances.
Annual reports
Take a closer look and open our annual reports.
GMS General Meeting of Shareholders
- 2023
Summary of AGMS Minutes
Summary of Public Exposes
Public Expose material
AGMS Announcement
Invitation of AGMS
Power of Attornery
Individual
Legal Entity
Individual to BAE
Legal Entity to BAE
AGMS Rules of Conduct
Summary of AGMS Material
A Brief History of BOC Candidates
AGMS Questions
- 2022
Announcement of The AGMS
Invitation of AGMS
Power of Attornery
Individual
Legal Entity
Individual to BAE
Legal Entity to BAE
Health Declaration
Discipline of AGMS
Material of AGMS
Questions of AGMS
PUBEX 2021
Summary MoM of AGMS
Summary of PUBEX
- 2021
Announcement of The AGMS (cancel)
Cancellation of AGMS Announcement
Announcement of The AGMS
Invitation of AGMS
Power of Attornery
Individual
Legal Entity
Individual to BAE
Legal Entity to BAE
Material of AGMS
Discipline of AGMS
Health Declaration
Summary of AGMOS
Summary MoM of AGMOS
Resume Notary of AGMOS
PUBEX 2020
- 2020
Announcement of The AGMS
Power of Attornery :
Individual
Legal Entity
Invitation of AGMS
Amendment of Invitation of AGMS
Material of AGMS
Discipline of AGMS
Minute of AGMS
Announcement of the EGMS
Power of Attorney 27 November 2020:
Individual
Legal Entity
Invitation of EGMS
Candidate of BOC Member
Candidate of BOD Member
Minute of EGMS 27 November 2020
EGMS Extraordinary General Meeting of Shareholders
- 2023
Brief HIstory of Candidate BOD & BOC
Invitation EGMS
Code of Conduct EGMS
Power of Attorney
Individual
Legal Entities
Individual to BAE
Legal Entity to BAE
EGMS Question Sheet
Summary of EGMS Material
Announcement of EGMS
Summary of Minutes of EGMS
Financial reports
- 2023
Q1 2023 Financial Statements
- 2022
Q1 2022 Financial Statements
Q2 2022 Financial Statements
Q3 2022 Financial Statements
2022 Financial Statements
- 2021
Q1 2021 Financial Statements
Q2 2021 Financial Statements
Q3 2021 Financial Statements
2021 Financial Statements
- 2020
Q1 2020 Financial Statements
Q2 2020 Financial Statements
Q3 2020 Financial Statements
2020 Financial Statements
- 2019
H1 2019 Financial Statements
2019 Financial Statements
- 2018
2018 Financial Statements
Financial highlight
Nomination and Remuneration Committee
PT Mulia Boga Raya Tbk has established a Nomination and Remuneration Committee in accordance with the requirements of FSA Regulation Number 34/POJK.04/2014 on Nomination and Remuneration Committee of Issuers or Public Companies. Pursuant to the Resolution of the meeting of Board of Commissioners No. 001/KEP-MBR/VIll/019 dated December 28, 2020, on Amendment of the Nomination and Remuneration Committee, members of the Nomination and Remuneration Committee are as follows:
| Chairman: | Drs. Herbudianto |
| Members: | Hartono Atmadja |
| Sri Utami Wati |
Nomination and Remuneration Committee Charter
Nomination and Remuneration Committee Appointment Letter
She obtained her Bachelor’s degree from the Faculty of Mathematics & Natural Sciences, Diponegoro University in 1993.
She has more than 25 years of experience in the field of Human Capital. Early joined the Garudafood Group in 2009 as Personnel and Rewards Department Head and then served as Head of Human Capital and General Affairs until December 31, 2021.
Prior to joining Garudafood, Utami had a career at Astra Group until 1999 with her last position as Organization & Development Specialist, at Sinar Mas Group – Inda Kiat Pulp and Paper as Change Management & HR Business Process Improvement Senior Analyst (1999 – 2006) and Mercer HR Consulting as Senior Consultant (2006 – late 2008)
There is no affiliation with (i) other members of the Garudafood Board of Directors; (ii) member of Garudafood’s Board of Commissioners; and (iii) Garudafood shareholders.
Audit Committee
PT Mulia Boga Raya Tbk has established an Audit Committee as required under PT Bursa Efek Indonesia Regulation No. I-A on Registration of Shares and Equity Securities other than Shares issued by Public Companies, Annex I of the Decree of the Board of Directors of PT Bursa Efek Indonesia No. KEP-00001/BEI/01-2014 dated January 20, 2014, and FSAR No. 55.
Pursuant to the Resolution of the Company’s Board of Commissioner No. 001/KEP-MBR/VIll/019 dated August 8, 2019, on the Establishment of Audit Committee and Nomination and Remuneration Committee, the members of the Company’s audit committee are as follows:
| Chairman: | Drs. Herbudianto |
| Member: | Anwar Effendi Tjan |
| Fitradewata Teramihardja |
Audit Committee Charter
He has completed his education at the University of Indonesia majoring in accounting in 1983.
He has experience in several companies including Accounting Supervisor at SC Johnson Ltd, Accounting Manager at PT Perdana Bangun Pusaka, Internal Audit Manager at Cipta Cakra Murdaya Group, Internal Audit and Tax Manager at Batik Keris Group, Head of Internal Audit at Garudafood Group (2001 – 2014), Management System and Procedures at PT Panca Harapan (2014 – 2016).
Currently serving as a Member of the Audit Committee since 2019. Until now, he has served also as an internal audit at the Ciptadana Group since 2016 – now.
He has no affiliation with members of the Board of Commissioners, Board of Directors, and Controlling Shareholders.
He has completed his education at Trisakti University majoring in accounting in 1991.
He has experience in several companies including Senior Manager at KAP Prasetio Utomo & Co (1991-2005), Managing Partner at KAP Fitradewata Teramihardja (2005-2008), Member of the Public Accountants Professional Standards Board (2007-2008), Deputy Managing Partner at KAP Tjahjadi, Pradhono, Teramihardja (2008-2011).
Currently, he has served as a Member of the Audit Committee since 2019. Until now, he has also served as Managing Partner at KAP Teramihardja, Pradhono & Chandra since 2011-present.
He has no affiliation with members of the Board of Commissioners, Board of Directors, and Controlling Shareholders.
Corporate Secretary
The Company has appointed the Corporate Secretary pursuant to the Board of Directors Resolution No. 003/MBR-SR/XII/020 dated December 3, 2020, appointing Peter Wiradjaja as the Corporate Secretary.
Corporate Secretary Appointment Letter
Internal Audit
In order to satisfy the requirements set forth in the FSA Regulation No. 56/POJK.04/2015 on the Establishment and Preparation Guidelines of Internal Audit Unit Charter (“FSAR No. 56/2015”), the Company has established an Internal Audit Unit pursuant to the Appointment Letter of the Company’s Board of Directors No. 003/KEP-MBR/VIll/019 dated August 8, 2019.
Internal Audit Charter
Other Information Disclosure
Other information disclosure which necessarily acknowledged by public.
- 2023
06-02-2023 Approval of the resignation of members of the Company's Board of Directors by GMS
06-03-2032 Changes in business activities
- 2022
27-12-22 Resignation of Members of the Board of Directors of the Company
19-12-22 Resignation of Members of the Board of Directors of the Company
12-07-22 Changes in Ownership - LPF
12-07-22 Changes in Ownership - PCL
12-07-22 Changes in Ownership - SR
12-07-22 Changes in Ownership - PT TPPJ
15-03-22 Electronic Public Expose Plan of KEJU
- 2021
19-11-21 Material Information or Facts Report Other Material Information or Facts in the form of obtaining credit facilities
09-09-21 Change of Public Accountant
24-08-21 Change of Public Accountant
26-07-21 The signing of a Memorandum of Understanding related to the Acquisition Plan of the Company.
- 2020
09-01-20 Application KAP
Risk Management
The Company has undertaken risk management in all aspects of the Company business activities, particularly for the main risk factors and risk factors that potentially have a significant impact on the Company performance and financial positions.
Governance Guidelines
Code of Conduct
Board of Commissioners Charter
Board of Directors Charter
Prochiz Office
PT. Mulia Boga Raya Tbk
Blugreen Office Unit A Green, Lantai GF
Jl. Lingkar Luar Luar Barat No.88, RT.6/RW.1
Kembangan Utara, Kec. Kembangan, Jakarta
Barat, 11610, Indonesia
Phone : +62 (21) 56943299
Fax : +62 (21) 56973896
Email: [email protected]
Prochiz Factory
PT. Mulia Boga Raya Tbk
Kawasan Bekasi International Industrial Estate
Jl. Inti Raya II Blok C7 No. 5-A Cibatu
Cikarang Selatan – Bekasi, Indonesia
Phone : +62 (21) 89908468
Email: [email protected]