About Us

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

The latest changes to the composition of the ownership of PT SBS Shares are stated in Deed No. 35 March 9, 2021, made by Notary Affuroh, SH with the composition of shares as follows:

Vision & Mission

VISION

MISSION

Company Values

SYNERGY

Prioritizing cross-departmental collaborative relationships to be more productive, effective and optimal and building harmonious partnerships with stakeholders to achieve optimal and quality results.

 

INTEGRITY

Promote trusting, openness, positive, honest, persistent, committed, proactive, responsible behavior and a sense of care for the environment.

 

PROFESSIONAL

Carry out all tasks according to competence with creativity and innovation, have the courage to make calculated decisions, are committed to continuously improving skills, and are resilient in completing work with the best results.

 

Production

Population

Legality

• Deed of Notary

  • Deed of Establishment/ Articles of Association of the Company : Deed No. 17 March 12, 2004 made by Notary Budiono Widjaja, SH with the Decree of the Ministry of Law and Human Rights No. C-2661 HT.01.01.TH.2004 concerning Ratification of the Deed of Establishment of a limited liability company October 25, 2004.

  • Deed of Articles of Association Last Amendment: Deed No. 35  March 9, 2021 made by Notary Affuro, SH regarding Amendments to the Articles of Association with the Decree of the Ministry of Law and Human Rights No. AHU-0015442.AH.01.02.TAHUN 2021 March 12, 2021.

  • Last Amendment Deed: Deed of Statement of Shareholders' Decision of PT Satria Bahana Sarana No. 28 May 19, 2022 made by Notary Affuro, Sh with the Decree of the Ministry of Law and Human Rights No. AHU-AH.01.09-0014728 May 23, 2022. Business Registration

• Number (NIB) Number: 8120210291734.

• Company Domicile Certificate (SKDP) Number: 04/KPSTE/2018 Date 15 March 2018

• NPWP No. 02,161,203.1-062,000; Taxable Entrepreneur Confirmation Letter (SPPKP) Number: S-32PKP/WPJ.03/KP.0803/2018 ; Certificate of registration (SKT) Number: S-43KT/WPJ.03/KP.0803/2018.

• Mining Services Business Permit (IUJP) Number: 47/1/IUJP/PMDN/2020 March 10, 2020.

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.

Venpri Sagara

President Commissioner

Born in Gunung Megang on April 7, 1984, graduated from Civil Engineering Department of Diponegoro University. Apart from studying in Indonesia, he also studied at several foreign universities, including: Credential For MS Finance, Harvard Business School, Harvard University, USA (Sep 2020-Dec 2020), then Supply Chain Management, Massachusetts Institute of Technology USA and Business Administration (Major Management), University of Illinois at Urbana Champaign, USA (2020-2021). In addition to serving as Commissioner of the Company, currently he also serves as General Manager of PTE PTBA (Now). 

Ediar Usman

Komisaris

Born in Jambi on October 3, 1964 was appointed as a Commissioner of the Company based on the Resolution of the RUPS on December 26, 2022. He graduated with a Bachelor of Geology Engineering, Universitas Pembangunan Nasional "Veteran" Yogyakarta (1991), then continued his Masters in Geological Engineering, Institut Teknologi Bandung (2003), and successfully holds a Doctorate degree in Geological Engineering (Oil and Gas Field), Universitas Padjajaran Bandung (2011). Apart from serving as the Company's Commissioner, currently he also serves as Director of Mineral Business Development, Directorate General of Minerals and Coal, Ministry of Energy and Mineral Resources (2022-2023). Previously, he had a career as Head of Research and Development Center for Marine Geology, Research and Development Agency for ESDM, Ministry of Energy and Mineral Resources (2015-2017); Director of Mineral and Coal Program Advisor, Ministry of Energy and Mineral Resources (2017-2018); Head of the Bureau for Crisis Management and Energy Monitoring Facilities, Secretariat General of the National Energy Council (DEN) (2018-2021); Secretary of the Geology Agency, Ministry of Energy and Mineral Resources (2021-2022).

Tubagus Nugraha

Commissioner

Born in Bandung on August 18, 1972, he graduated from the Mining Engineering Department at Institute of Technology Bandung (1997), then continued his master's degree in Local Politics and Regional Autonomy at Gadjah Mada University (2003). In addition to receiving the mandate as a Commissioner of PT SBS, he currently also serves as Assistant Deputy for Mining for Investment and Mining Coordination. he started his career as a Sales Engineer at PT United Tracktors (April 1997-October 1997), Mine Engineer at Bina Mining ITB (October 1997-July 1999), Engineer (Technical Staff) Ministry of Energy and Mineral Resources Agency of West Java Province (July 1999-May 2004), Section Head of Program Planning Section in Energy and Minerals of West Java Province (May 2004-June 2010), Section Head in Fund Planning and Development of West Java (June 2010-September 2012), Section Head of Upstream Management Section in Energy and Minerals (September 2012- January 2017), Head of the Energy and Minerals Division of West Java Province (January 2017-July 2019), Head of the Mining, Energy and Minerals Division of West Java Province (July 2019-August 2020).

Board Of Directors

Legal Foundation

Good Corporate Governance (GCG) practices provide tools and methods for business entities to develop non-financial aspects, which in turn will form public trust in business entities and improve the investment climate. In Indonesia, regulators together with various parties who concern about the development of GCG in Indonesia provide a strong affirmation of the importance of harmonious relationship between business entities and stakeholders.

PT SBS is fully aware that Good Corporate Governance (GCG) is an important component in the efforts to make sustainable growth and development of the company. Effective GCG implementation will make the management of the company more accountable, transparent, and thus gain trust from the market as well as other stakeholders.

As part of a state-owned enterprise (BUMN) company, PT SBS is committed to applying GCG principles consistently by referring to all State-Owned Enterprises (BUMN) Ministry decree and regulation that have relevance to the implementation of GCG. GCG implementation in the Company also refers to several applicable provision, regulation, and law, namely:

• Act of the Republic of Indonesia No. 14/2008 concerning Public Information Disclosure;
• Act of the Republic of Indonesia No.11 of 2008 concerning Information and Electronic Transactions; and
• Act of the Republic of Indonesia No. 40 of 2007 concerning Limited Liability Companies.
• The latest Articles of Association of the Company, which have been ratified through Deed No. 34 July 12, 2017 by Notary Affuroh, SH., domiciled in Muara Enim, Palembang, South Sumatra.

GCG Implementation

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.