Risk Management System

The Company is aware of the risks arising as a result of business operations. Therefore, Management continuously monitors the Company’s risk management process to ensure an adequate balance between risk and control. The risk management system and policy are regularly reviewed to adjust to changes in market conditions and Company operations.

Risks which may be encountered by the Company and measures of their management are explained below:

Jenis Risiko
Type of Risk
Pengelolaan Risiko
Risk Management
Risiko Ekonomi
Economic Risks
Perseroan secara intensif memantau kondisi ekonomi dan meminta pendapat profesional secara berkala.
The Company intensively monitors economic conditions and requests professional opinion regularly
Risiko Kredit
Credit Risks
Perseroan hanya memberikan pembayaran secara kredit dengan pihak ketiga yang diakui dan kredibel serta melakukan pemantauan terhadap saldo piutang secara berkelanjutan agar eksposur Perseroan terhadap piutang yang tidak tertagih tidak signifikan.
The Company only makes loan payments with recognized and credible third parties and continuously monitors the balance of receivables so as the Company's exposure to uncollectible receivables is not significant.
Risiko Likuiditas
Liquidity Risks
Perseroan secara ketat memantau kebutuhan likuiditas dan terus menelaah kondisi pasar uang untuk memberi peluang bagi optimalisasi biaya-biaya pendanaan.
The Company closely monitors liquidity needs and continues to review conditions of the money market to provide opportunities for optimizing funding costs.
Risiko Permodalan
Capital Risks
Perseroan memperhatikan pemeliharaan rasio modal yang sehat antara jumlah liabilitas dan ekuitas. Dalam memelihara dan menyesuaikan struktur permodalan, Perseroan dapat menerbitkan saham baru, mengusahakan pendanaan melalui pinjaman, melakukan restrukturisasi terhadap utang yang ada ataupun menjual asset untuk mengurangi pinjaman.
The Company pays attention to maintaining a healthy capital ratio between total liabilities and equity. In maintaining and adjusting the capital structure, the Company may issue new shares, seek funding through loans, restructure existing debts or disposal of assets to reduce loans.
Risiko Bisnis dan Properti
Business and Property Risks
Perseroan melakukan tindakan proteksi melalui pengasuransian seluruh aset properti dengan nilai pertanggungan yang sepadan dengan nilai pasar.
The Company takes protective measures through insuring all property assets with insured value is commensurate with market value.
Risiko Ketergantungan Terhadap Kontraktor
Risks of Dependence on Contractors
Perseroan mengadakan seleksi yang lebih ketat terhadap proses pemilihan kontraktor sebagai rekan bisnis, menyediakan beberapa alternatif pilihan kontraktor sehingga proyek Perseroan tidak dikerjakan hanya oleh satu kontraktor dan menyelenggarakan audit terhadap proses seleksi kontraktor.
The Company conducts tighter selection on the contractor selection process as a business partner, provides several alternative contractors selected so as the Company’s project is not carried out by only one contractor and conducts an audit of the contractor selection process.
Risiko Kehandalan Manajemen
Risks of Management Reliability
Upaya Perseroan untuk menanggulangi risiko kehandalan Manajemen dilakukan melalui pelaksanaan program pengelolaan SDM secara efektif, melalui upaya rekrutmen, pelatihan dan pengembangan, guna memastikan tersedianya SDM yang berkualitas secara berkelanjutan.
The Company’s efforts to cope the risk of Management reliability are conducted through the implementation of an effective HR management program, through recruitment, training and development efforts, to ensure the availability of quality human resources on an ongoing basis.
Risiko Persaingan
Competition Risks
Perseroan dan Entitas Anak Perseroan terus berupaya untuk memberikan berbagai penawaran inovatif yang mengedepankan keaslian, keunikan dan produk yang berkualitas tinggi, didukung oleh pelayanan prima serta fasilitas penunjang yang lengkap sesuai dengan kebutuhan konsumen.
The Company and Subsidiaries continue to strive providing various innovative offers that prioritize authenticity, uniqueness, and high-quality products, supported by excellent services and complete supporting facilities in accordance with consumer needs.
Risiko Hukum
Legal Risks
Dalam ranah hukum, Perseroan berpotensi untuk menghadapi sengketa terkait hak kepemilikan atas tanah. Untuk mengantisipasi risiko tersebut, Perseroan secara konsisten memastikan bahwa pembebasan tanah telah melewati proses verifikasi yang disertai dokumen lengkap dan sah sebagai prasyarat untuk memperoleh sertifikasi. Perseroan juga menyiapkan sejumlah rencana alternatif dalam hal terjadi perubahan dalam perencanaan kota.
In legal domain, the Company has potential disputes related to ownership rights to land. To anticipate the risk, the Company consistenly ensures that land acquisition has passed the verification process accompanied by complete and legal documents as a prerequisite for obtaining certificates. The company also prepares a number of alternative plans in the event of a change in the city planning.