Hexindo Listed as Top 50 Issuers with Mid Market Capitalization

PT Hexindo Adiperkasa Tbk entered the list of Top 50 Issuers with the Mid Market Capitalization at the 14th IICD Corporate Governance Conference (IICD CG) and Award 2023. This event was held by the Indonesian Institute of Corporate Directorship (IICD) located at the Financial Hall, Graha CIMB Niaga, South Jakarta,  to appreciate issuers who have fundamental performance and sustainable business achievements.  

The IICD Corporate Governance Conference and Award is an annual event to give appreciation to public companies with the best Good Corporate Governance (GCG) practices for issuers with the Largest Market Capitalization (BigCap) and issuers with Medium Market Capitalization (MidCap). The assessment method used in the awarding is based on the ASEAN CG Scorecard from the Organization for Economic Co-operation and Development (OECD) which includes the rights of shareholders, equal treatment of shareholders, the role of stakeholders, disclosure & transparency as well as the responsibilities of the Board. The assessment was carried out on 200 issuers listed on the Indonesia Stock Exchange (IDX/BEI) in detail, 100 issuers with the largest capitalization and 100 issuers with medium market capitalization and supported by six assessors who are competent and experienced in the ASEAN CG Scorecard.