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:

Name Total Shares Percentage
PT Bukit Multi Investama (BMI) 15.226.311 95%
PT Bukit Asam Kreatif 801.511 5%
Total 16.027.822 100%

 

Vision & Mission

VISION

Become a mining solution  company that is profitable, growing, independent and trusted.

 

MISSION

1. Providers of efficient mining solutions through human excellence and technological advances to maximize profits and provide added value to stakeholders.

2. Safety, occupational health & environment is our commitment.

 

 

 

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

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.

Suhedi

President Commissioner

 

Born in Baturaja on February 8 1964, graduated from Geological Engineering of Gadjah Mada University (1990). In addition to receiving the mandate to serve as President Commissioner at PT Satria Bahana Sarana, he currently serves as Director of Operations & Production at PT Bukit Asam Tbk. Career history as Exploration Manager at PT Bukit Asam Tbk (2005-2012), Environmental Planning Manager at PT Bukit Asam Tbk (February 2012-September 2012), SM Land & Building Asset Management PT Bukit Asam Tbk (2012-2016), GM Tanjung Mining Unit Enim (2016-2020).

 

Venpri Sagara

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). 

Lana Saria

Commissioner

 

Born in Solo on October 13 1968, graduated from Urban & Environmental Engineering of Kyusu University. In addition to receiving the mandate to serve as the Commissioner at PT Satria Bahana Sarana, he currently serves as the Technical and Environmental Director of Mineral & Coal at the Directorate General of Mineral and Coal (2020-present). Career history as Junior Mining Inspector – Directorate of Engineering and the Environment Minerbapabum (2007 – 2008), Head of Environmental Mineral and Geothermal Section (2008 - 2011), Head of Coal Environmental Protection Section (2011 – 2013), Head of Sub-directorate of Environmental Protection for Mineral and Coal ( 2013 – 2017), Head of Sub-Directorate of Safety for Mineral and Coal Mining (2017 – 2020).

 

 

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

Agung Pratama

President Director

Born in Palembang on October 15, 1978, has a degree in Mining Engineering of Sriwijaya University 2003. Prior to receiving the mandate to serve as President Director at PT Satria Bahana Sarana, he started his career at PT Timah Tbk as Head of Production Suction Vessel (2011-2012), Head of Mining Engineering as well as Head of Large Mining Division at PT Timah Tbk (2012-2013). ), Head of Mining Engineering as well as Production Supervisor for Central Bangka Region (2013-2014), Head of Mining Engineering as well as Head of Production Supervisor for West Bangka PT Timah Tbk (2014-2015), Vice President of Bangka Marine Production Unit as well as Deputy Head of Mining Engineering PT Timah Tbk (2015-2017), Vice President of Bangka Land Production as well as Head of Mining Engineering PT Timah Tbk, Vice President of the Kundur Production Unit in the Riau Islands Operational Area as well as Head of Mining Engineering (2018-2020),  Director of Operations at PT Timah Tbk (2020-2021), President Commissioner of PT Timah Investasi Mineral (2020-present), finally he was entrusted to serve as the President Director of PT Satria Bahana Sarana.

Agus Sunaryadi

Finance & HCGS Director


Born on January 11, 1968 won a Diploma in Management Department at the Unsri Polytechnic and a Bachelor's Degree in Management at Sjakhyakirti University. Before getting the mandate to serve as Director of Finance, Human Resources and General Affairs of the Company (2019 - present), he has a lot of work experience in the fields of Finance and Accounting. He started his career at PT Bukit Asam, Tbk since 1992 as PJ Head of Asset (1992-1997) and several other positions at PT Bukit Asam, Tbk then in 2007 - 2010 he served as Assistant Manager of Cash and Debt Management, Assistant Manager of Management Cash (2010 - 211), Treasury Manager (2011 - 2017), Budget Manager (2017 - 2018) and Senior Finance Manager (2018 - 2019), until finally As of January 31, 2019, he was entrusted to serve as Director of Finance, General and Human Resources of PT Satria Bahana Sarana.

Vicky Agustian

Operation Director

Born in Yogyakarta on August 19, 1969, obtained his Bachelor of Mining Engineering degree from the Yogyakarta “Veteran” National Development University in 1994 and in 2009 obtained an MBA from the School of Business Management, Bandung Institute of Technology, Department of Operational Management. Starting his career at PT Bukit Asam Tbk as Head of Non-BWE Excavation Supervision and has moved several positions including in 2002 serving as Assistant Manager of Civil Mining, then serving as Assistant Manager of Air Laya Mining (2005-2007), as Manager of Maintenance and Utilities (2007-2012), Mining Manager BWE Sistem (2012-2015), K3 and Environment Manager (2015-2016), Non Self-Management Mining SM (2017-2018), Self-managed Mining SM (2015-2016) and dated August 30, 2019 he was appointed as Director of Production Operations at PT Satria Bahana Sarana.

Adhi Garmana

Asset Management & Commercial

 

Born in Tanjung Enim on December 30, 1982, earned a bachelor's degree from Mechanical Engineering at Jenderal Ahmad Yani University continued to Master Degree  in Renewable Energy Engineering at the Polytechnic of Sriwijaya. Prior to receiving the mandate to serve as Asset Management & Commercial Director at PT Satria Bahana Sarana, he started his career at PT Bukit Asam (PTBA) Tbk as a Mechanical Engineer (2009-2012),Supervisor Trouble Shooting BWE&CE 2 Group AD (2012-2014), Machine Maintenance Supervisor/Overhoul BWE (2014), served as PTBA Primary Estimator, PTBA Young Mechanical Engineer (2015-2018), Assistant Manager for PTBA Machine Maintenance Planning (2018-2019), Equipment Maintenance Planning Manager Production and Mining Support PTBA (2019-2022) until finally he was entrusted with the position of Director of Asset Management & Commercial at PT Satria Bahana Sarana.

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.