1945 - 2022

Dr. HC. Ir. H. Arifin Panigoro bin Yusuf Panigoro

Medco Group Founder

It is with heavy heart that we announce the passing of our Company's Founder. He was a prominent and visionary figure of inspiration to us and to the Company. Not only he was passionate in what he did, he was also a dedicated man of honor to the nation and the country. May his legacy always live in the Company's soul and activities.

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Login | Wednesday, 27 September 2023 |

Good Corporate Governance

Commitment to GCG and Code of Conduct

Always apply adopt and practice GCG principles at the highest standard as part of the company culture

MedcoEnergi is committed to implementing Good Corporate Governance (GCG) of the highest standards. The implementation of the GCG principles, namely Transparency, Accountability, Responsibility, Independence, and Fairness, is instrumental in realizing the Company’s vision and therefore embedded in its corporate values and culture.

The implementation of GCG is based on developing responsibility in the management system, strengthening control functions and improving transparency. It is believed to deliver substantial benefits to the Company and stakeholders.

The principles of GCG is implemented pursuant to the Law No. 40 of 2007 on Limited Liability Corporation, Law No. 8 of 1995 on Capital Market, the Company’s Articles of Association, regulations of the Indonesian Capital Markets and Financial Institution Supervisory Agency (Bapepam-LK), regulations of the Indonesia Stock Exchange (IDX), and other pertaining laws and regulations. The Company also adheres to the GCG principles instated by the Organization for Economic Cooperation and Development (OECD) as well as the Indonesian GCG Guidelines.