PT Red Planet Indonesia Tbk is a publicly listed company (Bursa Efek ticker code PSKT) operating in the hospitality sector.
It owns and operates eight hotels in Jakarta, Bekasi, Makassar, Palembang, Pekanbaru, Solo, Surabaya and Bukittinggi.
PT Red Planet Indonesia Tbk is developing several new hotels in the Greater Jakarta region. All hotels owned and managed by PT Red Planet Indonesia Tbk are located in prime locations and predominantly cater to the value hotel market sector.
To rapidly build scale and become the largest value hotel owning company in Asia allowing shareholders to benefit from the fastest growing travel market in the world.
To achieve a value connection with value-minded travellers, by combining a comfortable, clean, high quality and consistent lodging experience with a highly competitive price, staffed by friendly, positive and professional people.
Keep it Simple and Do It Properly
We take the effort to keep what we do simple. We then focus on doing what we do, properly, first time.
Pragmatic, Positive and Professional
Always seeing the positive in a situation and treating colleagues in a positive and professional manner. Above all, always taking the most practical approach to everything we do.
Respect, Consideration and Sharing
We treat our colleagues and partners as we would want to be treated ourselves. By understanding that any one of our colleagues' problems is also our own, we can better understand them, share them, and solve them together.
Learning from Our Mistakes
We understand that mistakes are inevitable (albeit undesirable) and we treat them as great opportunities to understand what has gone wrong and learn from them as a whole. Admitting to a mistake is encouraged, blaming people is absolutely discouraged.
The Company’s work ethics is the set of values, moral conduct, and habits based on the principle of no discrimination, whether on gender, race, or religion. These should be possessed by all employees and should be reflected in one's attitude and professionalism, which provides added-value to the Company and its stakeholders.
The code of conduct for employees, compiled and approved by the Company’s management, consists of the following:
Red Planet Hotels has partnered with Tune Hotels through a regional franchise agreement covering Indonesia, Philippines, Thailand, Japan, South Korea and Taiwan.
We own and operate our Tune hotels under a franchise agreement and have a close with relationship with their head office in Kuala Lumpur that is mutually beneficial and promotes the brand.
Tune Hotels is a 'value-for-money' hotel brand that provides a five-star sleeping experience with clean, comfortable and functional rooms at prices that make travelling achievable to most budgets - with the following basic essentials:
A television, high-speed wifi, towels and toiletries and air conditioning are also provided in all Tune Hotels owned and operated by Red Planet Hotels.
More can be learned about Tune Hotels on their website at www.tunehotels.com
In carrying out their duties, the Board of Commissioners have duties, responsibilities, rights, and obligations as set up in the charter of the Board of Commissioners as follows:
Every Commissioner of the Company has duties, responsibilities, and obligations as follows:
1. The Commissioner’s duties are:
2. The Commissioner are responsible to:
3. The Commissioners have obligations to:
Besides its duties, responsibilities, and obligations, the Board of Commissioners has rights and authority as follows:
Along with the commitment to, and implementation of, GCG in the Company and in order to manage the Company’s mission and achieve the vision which has been established, the members of the Board of Directors act pursuant to guidelines to lead and manage the Company in accordance with the vision, mission, and purpose of the Company.
The Board Manual is a dynamic document, and therefore it has to be evaluated periodically and adjusted to laws and regulations.
The Board Manual is a guideline that explains general matters related to working procedures of the Boards of Directors and Commissioners as well as the relationship between Directors, Board of Commissioners, and between both Company’s organs. Board Manual is one of GCG soft structures, as an explanation of corporate governance that refers to the Articles of Association and applicable laws and regulations.
Matters related to Directors’ functions regulated in Board Manual are as follows:
Scope of the Board of Directors’ Responsibilities