Company Profile

PT Satria Bahana Sarana (SBS) was established in March 2004 with rental vehicles as main business. In 2005, SBS expanded its business by providing an addition of heavy equipment rental service, and continue to grow further by becoming a coal mining contractor business in 2008.

On 28 January 2015, PT SBS and PT Bukti Multi Investama (BMI), a subsidiary of PT Bukti Asam Tbk, have come into an investment agreement. This agreement led to BMI owning 95% (ninety five per cent) of SBS share composition, and PT Tri Ihwa Sejahtera owning 5% (five per cent). By August 2018 5% (five per cent) of SBS’ share has been acquired by PT BAK from PT TISE, therefore 100% (one hundred per cent) of SBS shares is now owned by PTBA Group.

The investment process had made SBS a member of the PTBA business group, where they established a trusted brand in national and international standards. SBS accordingly received a long-term captive market contract from PTBA.

Composition of Share Ownership

That at present the company's authorized capital is Rp. 200,000,000,000 (Two Hundred Billion Rupiah) the amount of capital that has been placed and paid by the Shareholders who have taken part in the company is 26.49% or a total of 4,238,222 Share Sheets with a nominal value of Rp. 52,977,775,000. The last amendment to the share ownership structure of PT BSS was stated by Deed No. 02 September 3, 2018 made by Notary Agung Sri Wijayanti, SH., M.Kn and received approval from the Minister of Law and Human Rights of the Republic of Indonesia with Decree No. AHU.0121195.AH.01.11 IN 2018 September 14 2018 with the composition of shares as follows.

Name Total Shares Nominal Percentage
PT Bukit Multi Investama (BMI) 4.026.311 Rp. 50.328.887.500 95%
PT Bukit Asam Kreatif 211.911 Rp. 2.648.887.500 5%
Total 4.238.222 Rp, 52.977.775.000 100%

 

Vision & Mission

VISION
A World-class Mining Solutions Company That Cares About The Environment.

MISSION

Perform Efficient and effective mining by developing corporate competencies and human excellence to provide maximum addes value for stakeholders and theenvironment.

 

 

Company Values

INTEGRITY

Promote trustworthy, open-minded, positive, honest, committed, and responsible attitudes.

PROFESSIONAL

Execute all activities with high competence, creativity, bravery, and firm commitment.

TEAMWORK

Prioritize positive and solid teamwork in achieving the vision, mission and corporate objective.

OPERATIONAL EXCELLENCE

Continuous improvement in every aspect to achieve operational excellence.

CUSTOMER SATISFACTION

Put out the best effort for the sake of gaining customer satisfaction.

Production

Population

Organization Structure

Board Of Commissioners

The Board of Commissioners suggests constructive recommendations to the Board of Directors regarding matters that are considered of importance to financial performance and operations.

Fuad Iskandar Zulkarnain Fachroeddin

President Commissioner

Born in Palembang on 28 March 1966. He is an Industrial Engineering graduate and MBA from Bandung Institute of Technology (ITB). Apart from appointment as President Commissioner in PT Satria Bahana Sarana, he is currently appointed as Business Development Director of PT Bukit Asam, Tbk. Prior to joining with PTBA, he was the Head of Business Development Division of PT MRT Jakarta, Corporate Services Director of PT Indosat Mega Media, as well as Managing Director/CEO of Indosat Singapore Pte Ltd, a Singaporean-based firm. In 2013-2015 he became Director in ACPL Asian Cableship Pte Ltd, at Singapore headquarter, the joint venture company between Indosat Indonesia - SingTel Singapore - CAT Thailand - Telbru Brunei - Telkom Malaysia and ETPI Philippines. He was also served in various positions in Indosat Group in the area of Business Development, Product Management, Sales, Strategic Marketing, Regional Office Operations as well as Corporate Communications. He received 1st Winner Marketing Dream Team Champions 2009 - Swa Magazine Award, and Inspirational Class Volunteer (Indonesia Mengajar) 2014-2015.

 

Muhammad Taufiq

Commissioner

Born in Semarang on 28 September 1964, he is Mining Engineering graduate. Appointed Commissioner of PT Satria Bahana Sarana, concurrently as Deputy GM UPTE PT Bukit Asam, Tbk. He started his career in PT Bukit Asam (Persero) Tbk, as Distribution Manager (2014-2015), President Director of PT. Pelabuhan Bukit Prima (2015-2016), Director of PT Bukit Asam Prima (2016-2017), and Senior Planning Manager UPTE (2017-2018).

Sri Rahardjo

Commissioner


Born in Solo on May 3, 1960, he graduated from Computer Science and Engineering majoring Information Science from The University of New South Wales, Australia class 1994. Appointed Commissioner of PT. Satria Bahana Sarana, concurrently as Directorate General of Mineral and Coal, Ministry of Energy and Mineral Resources (ESDM) since November 22, 2018. His devoted his career in Ministry of Energy and Resources at Mining and Energy Department since 1981 until now. Previously, he worked as Government Information Technology Specialist Functionary (Pejabat Fungsional Pranata Komputer) at the Mining Department, Pusat Pengembangan Teknologi Mineral (PPTM) (1981-1994) in Bandung, Head of Information Services and Reservation Unit for Mining Areas (UPIPWP) by Ditjen Public Mining, DPE (1995-2001) in Jakarta, Head of the Cooperation Section as well as the Head of Corporate Planning and Reporting at the Training Body ESDM in Jakarta (2002-2012), Head of Bureau of Crisis Response Facilitation (Kepala Biro Fasilitasi Penanggulangan Krisis) and Energy Policy Supervision (Pengawasan Kebijakan Energi) at Setjen Dewan Energi Nasional (DEN) in Jakarta (2013-2015), Director of Mineral and Coal Development Program, ESDM Ministry in Jakarta (2015-2017), Director of Coal Industry Development, ESDM Ministry in Jakarta (2017-2018).

Rakhmatullah

Commissioner

Born in Solo on May 8, 1968, he is a Mining Engineering Graduate. Appointed Commissioner of PT Satria Bahana Sarana, concurrently appointed Commissioner of BMI. He started his career in PT Bukit Asam (Persero) Tbk, as Head of Field Geotechnic (1992-1997), Kepala Penimbunan (1999-2002), Manager of the BWE System Mining (2002-2005), GM Kertapati Pier Unit (2005-2009), SM UPTE Mining (2009-2011), Bukit Asam Retirement Loans Supervisory (2010-2012), SM AEOP (2011-2012), Senior Staff Director (2012-2014), President Commissioner of PT. BBK (2012-2014), Bukit Asam Retirement Loans Supervisory (2015-present), and SM SMP (2014-February 2017)

Board Of Directors

Directors are representing and responsible to the shareholder groups and to developing the Company’s obligation and to evaluating periodically the Company’s strategic direction

FX Sigit Hery Basuki

President Director

 

Born on June 26, 1965 in Tanjung Enim, he is a Civil Engineering graduate. Prior to appointment President Director of PT Satria Bahana Sarana, he started his career at PT Yosma Dinamika Malang as Implementer/Engineer (1991-1992). He then pursued his career in PT Bukit Asam (Persero) Tbk in 1992, as Civil Engineer in the Engineering Division (1992-1994), Civil Engineer in P2B2 Division (1994-1992), Engineer in the Derti Upgrading Project (2000-2002), Engineer in Operational & Technic Research Division (2002-2004), Buyer in Logistics Division (2004-2009), Manager of KMI – AEOP Division (2009-2011), Manager of Investment Services Procurement Division (2011-2013), Manager of Procurement Planning Division (2013-2014), Senior Manager of AEOP Division (2014-2016), Senior Manager of Corporate Procurement Division (2016), and in 2016, he was appointed as Senior Manager of Procurement Division, then officially appointed as President Director of PT Satria Bahana Sarana.
 

Agus Sunaryadi

Finance & HCGS Director


Pria kelahiran 11 Januari 1968 ini meraih gelas Diploma Jurusan Manajemen di Politeknik Unsri dan Gelar Sarjana Jurusan Manajemen di Universitas Sjakhyakirti. Sebelum mendapatkan amanah untuk menjabat sebagai Direktur Keuangan, SDM dan Umum Perseroan ( 2019 – sekarang ), Beliau memliki pengalama kerja yang cukup banyak di bidang Keuangan dan Akutansi. Beliau memulai karir di PT Bukit Asam, Tbk sejak Tahun 1992 sebagai PJ Kasi Aktiva ( 1992-1997 ) dan beberapa posisi lain di PT Bukit Asam, Tbk kemudian pada tahun 2007 – 2010 beliau menjabat sebagai Asisten Manajer Pegelolaan Kas dan Hutang, Asisten Manajer Pengelolaan Kas ( 2010 – 211 ), Manajer Pembendaharaan ( 2011 – 2017 ), Manajer Anggaran ( 2017 – 2018 ) dan Senior Manajer Keuangan ( 2018 – 2019 ), hingga akhirnya Per Tanggal 31 Januari 2019, beliau diamanahkan unutk menjabat sebagai Direktur Keuangan, Umum dan SDM PT Satria Bahana Sarana.

Leonard M Manurung

Operation Director

 

Born in Jakarta on July 23,1967. He obtained his Bachelor of Mining Engineering degree from Universitas Pembangunan Nasional “Veteran” Yogyakarta in 1994 and his MBA title from the School of Business Management, Bandung Institute of Technology, focusing on Operations Management in 2009. He started his career as Project Engineer at PT Darma Henwa Mining Contractor in 1995. In 1996 he worked as Superintendent Short Range Mine Planning and Ore Control at PT Freeport Indonesia. His last position there was Deputy Manager of Mine Production (2006-2010). He then became General Manager of Mining Contractor and Business Development at PT Intraco Penta, Tbk (2010-2012). He continued his career as Deputy Head of Mining Operations at PT. Asmin Koalindo Tuhup, an affiliation with PT Borneo Lumbung Energi and Metal Tbk. At PT Asmin Koalindo Tuhup, he served as Deputy Summit (HSE Head Division) and Technical Director in 2015. By August 2015 he served as General Manager and Summit at PT . Dwinad Nusa Sejahtera, a subsidiary of Sumatra Copper and Gold, Plc. Since December 23, 2016 he was appointed as Production Operations Director at PT Satria Bahana Sarana.

Irwan Daulima

Plant Director

 

Born in Makassar on August 28, 1967. He is Mechanical Engineering graduate from Hasanuddin Makssar University class 1993. He started his career as Service Analyst Trainee at PT Trakindo Utama in Soroako branch from 1995 to 2005, with Branch Manager as his last position at PT Trakindo Utama Bengkulu. From 2006 to 2010 he worked at PT Darma Henwa Tbk in East Kalimantan as Plant and Maintenance Manager. From 2010 to 2012, he worked at PT Lobunta Kencana Raya, Bekasi as General Manager of Heavy Equipment Maintenance. In 2013 he served as General Manager of Plant and Maintenance at PT Pembangunan Sarana Perkasa, Jakarta and since December 23, 2016 he was appointed as Plant Director of PT Satria Bahana Sarana.

 

Group Structure

CEO Notes

Mining sector is a risky, long-term, heavy capital business sector that requires relatively quite awhile to generate revenue, so skilled expertise is compulsory. To get mining operations functioning many variables must be measured precisely and SBS took it as a challenge not obstacle. Despite our size, SBS brings competitive advantages in mining business. We apply a system that will reduce the negative impact of the unstable coal price situation. We must transform in every area to achieve sustainability.

We have gone through various challenges and efficiency measures to achieve production performance. This illustrates the Company's optimism to further strengthen the sustainability of the Company's business to reach the goal of becoming a world-class mining solutions company that cares for the environment in the future.

We generate revenue from heavy equipment rental and soil transfer, as effiency efforts in all lines of operations of the Company, and in accordance with established policies. We grow further by providing new businesses: coal mining contractor, mining investment, and asset management.

PT Satria Bahana Sarana continues to transform and make breakthroughs to stay exist in the mining solution business, especially in serving PT Bukit Asam's requests as the parent company and main customer.

GCG Implementation

Principle

Description/ Implementation

Transparency

 

• The transparency principle is the openness in carrying out decision-making process and the openness in disclosing material and relevant information regarding the Company.

• The Company complies with the Laws and Regulations administering information disclosure that applies to the Company.

• Transparency also covers subjects that are relevant to information needed by the public related to the Company's products, services, and operational activities that can potentially affect the behavior of stakeholders.

Accountability

 

• The accountability principle is the clarity of the functions, implementation and responsibility of the Company's organ, so that effective management can be achieved.

• Accountability relates to the implementation of duties and authorities of personnel or work unit in carrying out the responsibilities imposed by the Company. This accountability includes explanation of the implementation of duties and authority, reporting on the implementation of duties and authority, and activities in carrying out these duties and authorities.

• The Company applies the principle of accountability as a method to overcome problems that arise due to segregation of duties among Company's organs and to reduce the impact of the problems that arise due to conflict of interests among Directors, Shareholders and Stakeholders.

The Company acknowledges 3 (three) levels of accountability, namely:

1. Individual Accountability

Individual Accountability refers to the relationship of accountability in the context of superiors and subordinates.

Accountability applies to both personnels, one who has the authority and the other who gets the assignment from the authority holder.

2. Team Accountability

Team accountability refers to the accountability held jointly by a working group on the condition of the achieved performance.

3. Corporate Accountability

Corporate Accountability refers to the accountability of the Company in functioning its role as

business entity. In this case the Company is responsible for its activities.

Responsibility

 

• The responsibility principle is conformity in the management of the Company to the applicable legislation, sound corporate principles, and GCG principles.

• The Company in carrying out business activities will uphold business ethics in fulfilling obligations to stakeholders in accordance with applicable law, respect the culture of the local community in which the Company conducts business activities, and have strong desire to make real contributions to the community.

 

Independency

 

• The independency principle is a situation in which the Company is professionally managed without conflict of interest or influence/pressure from any party that is not in accordance with the applicable legislation and sound corporate principles.

• The Company believes that independency is mandatory so that the Company's Organs can function properly and thus capable to make good decisions for the Company.

• Every Organ of the Company continues to carry out its duties in accordance with applicable laws and GCG principles.

Fairness

 

• The fairness principle is justice and equality in fulfilling the rights that arise based on the agreement and the applicable laws and regulations.

• The Company guarantees the protection of the rights of Shareholders and Stakeholders who will always receive equal treatment without discrimination in accordance with applicable laws and regulations.

• The Company will always strive so that interested parties can understand their rights and obligations in accordance with the applicable laws and regulations.

GCG Structure

General Meeting of Shareholders

The General Meeting of Shareholders (GMS) is a forum for Shareholders to make important decisions related to the capital investment in the Company, taking into account the provisions of the articles of association and laws and regulations. According to Law No. 40 Year 2007 concerning Limited Liability Companies, GMS is a corporate organ that has authority not given to the Board of Directors or the Board of Commissioners within the limits specified in the Act and / or the Articles of Association of the Company. Decisions taken at the GMS must be based on the Company's long-term business interests.

The Company has 2 (two) types of GMS, namely the Annual GMS (AGM) which is held regularly every year, and the Extraordinary GMS (EGM) which can be held at any time if deemed necessary by the Board of Directors and / or the Board of Commissioners and / or Shareholders.

Internal Control System

Control System Monitoring of GCG implementation in the Company is carried out by:

  • Superiors from each division and unit as an implementation of attached supervision (pengawasan melekat/ waskat).

  • Work units that have the functions and responsibilities to manage, implement, evaluate and develop a corporate   governance framework effectively and efficiently.

  • Internal Supervisory Unit (SPI) Function that carries out internal supervision by evaluating the effectiveness of         internal controls implementation, risk management, and corporate governance processes to be in accordance with the laws and policies of the Company and by monitoring the implementation of follow-up actions.

  • Stakeholders as implementation of community supervision (pengawasan masyarakat/ wasmas), and company’s openness to information, complaints and claims from the public to be completely resolved.

Risk Management

The Company realizes that Risk Management is very important because the mining industry has high level potential of operational risk if not managed properly.

We constantly develop our Risk Management System to anticipate possible risks and to eliminate existing risks to achieve the Company's goals.

In implementing the Risk Management System, the Company establishes the following:

  • Directors in every decision / action must consider business risks.

  • The Board of Directors must develop and implement an integrated corporate risk management program as part of the implementation of a good corporate governance program.

  • The implementation of a corporate risk management program is carried out by the Corporate Management System Function.

  • The Board of Directors must submit a Risk Management profile report and handle it together with the Company's periodic reports

Information Technology Governance

The governance of Information Technology (IT) in the Company is intended to establish an application basis that is able to bring communication and information to support the Company's business needs. Reliability of information technology will provide competitive services in the future.

The application of information technology governance owned by the Company continues to be developed with resources that are reliable and have competencies in their fields.

The company must implement policies in implementing Information Technology Governance, namely as follows:

  • Providing and developing IT that guarantees communication and information systems within the Company and other parties outside the Company that are effective, efficient and in accordance with applicable laws and regulations. 

  • Develop an IT Master Plan for periods between 3 (three) to 5 (five) years that is aligned with the Company's Long Term Plan (RJPP) and support the Company's strategy and objectives and further elaboration of the Master Plan. 

  • Conduct monitoring and evaluation of the implementation of IT to determine the success of the implementation, results, and objectives of the planned IT including conducting periodic audits. 

  • Adapting IT to anticipate business changes and information technology developments according to the needs of the Company.

Data and Information Access

The company has also implemented policies in information disclosure, including: 

  • Disclose information according to relevance and regulations that apply in a timely and accurate manner. 

  • Maintain the confidentiality of information including the use of electronic information by all levels of the Company, partners or other parties afterwards in accordance with the provisions of applicable laws and regulations. 

  • Non-confidential information can be published and accessed by the public through existing facilities.

  • Submission of confidential information can only be submitted through special authorities by parties appointed by the Company.

Code of Ethics

Company's business ethics as code of conduct for the Company in dealing with its environment, both internally and externally, includes the following activities:

•           Compliance with laws and regulations.
•           Recognition of equality in human rights.
•           Providing donations.
•           Giving and receiving gifts / gratuities, bribes and others.
•           Ethics of relationships with stakeholders.
•           Affiliate transactions.

Meanwhile work ethics must be fulfilled by individual members of the Company, namely:

•           Integrity and commitment
•           Compliance with laws and regulations
•           Recognition of equality in human rights
•           Equal employment opportunities for employees
•           Relations between the Company official
•           Information confidentiality
•           Use of Information Technology
•           Use of social media
•           Conflict of interest

Occupational Safety, Health and Environment

•           Company reputation
•           Engagement in Political activities
•           Giving and receiving gifts

Protection and efficient use of Company assets

•           Data recording, reporting and documentation
•           Harassment,narcotics, drugs, gambling and smoking
•           Intellectual property rights

Goods and Services Procurement Policy

The Company has principles and policies on procedures for the procurement of goods and services that are carried out quickly and transparently, by applying the principles of good corporate governance without any conflict of interest in the process.

The principles of the procurement of goods and services used by the Company are as follows: 

  • Efficiency, meaning that the procurement of goods and services must be adjusted to get the best and most optimal results in a short time frame by using funds and capabilities to a reasonable extent and not just based on the lowest price. 

  • Effectiveness, meaning that the procurement of goods and services must be in accordance with established requirements and provide the maximum benefit in accordance with the targets set. 

  • Competitive, meaning that the procurement of goods and services must be open to providers of said goods and services that meet the requirements and it must be carried out through fair competition among providers of goods and services that are equal and meet certain requirements / criteria based on clear and transparent provisions and procedures. 

  • Transparency , meaning all provisions and information regarding the procurement of goods and services, including technical requirements for procurement administration, procedures, evaluation, the results of evaluating the determination of prospective suppliers of goods and services are open to participants who are interested in providing goods and services. 

  • Fair and reasonable, meaning the company gives equal treatment to all prospective suppliers of goods and services that meet the requirements. 

  • Accountability, means that you have to achieve goals and be accountable so as to keep away from potential abuse and irregularities

Conflict of Interest and Special Behavior

Conflicts of interest and preferential treatment have an impact on non-objective decision making and commercial considerations that are not in the interests of the Company. The Company's ranks must avoid situations that cause conflicts of interest and provide special treatment.

In the event that there is a certain situation that creates conflicts of interest and or preferential treatment tendencies, the Company requires the relevant person to disclose it and is prohibited from participating in the decision making process.

The Company applies policies in implementing the principle of conflict of interest and preferential treatment, as follows: 

• Disclose share ownership in the Company or other companies in a special list as required by legislation that applies to each member of the Board of Commissioners and Directors.

• The Company's Board of Directors avoids conflicts of interest and preferential treatment by not: 

   o Utilizing positions for personal interests, other people, or other parties that harm the Company.
   o Using important and confidential information for personal interests, other people or other parties that harm the interests of the Company.
   o Doing business related to competing companies and providers of goods and services 
   o Provide, offer and or sell goods, money from the Company to their families and or relatives. 
   o Doing business outside the Company or working full or part time with other companies, competitors, and or other business entities that have the same business as the Company.