One Step Closer to Become Public Listed Company, Cinema XXI Named Indonesia Best Managed Companies
- Indonesia Best Managed Companies is a program presented by Deloitte to companies in Indonesia that contribute significantly to the industry and economy.
- This award comes as an appreciation of Cinema XXI's commitment in providing the best quality, uncompromised and affordable movie-going experience to the people of Indonesia.
- Having received the award, it is hoped that Indonesians will trust Cinema XXI brand even more, especially when it was earned just before the Company becomes public.
JAKARTA, July 28, 2023 — PT Nusantara Sejahtera Raya Tbk (Cinema XXI), that will become a public company on early August 2023, has been named as one of Indonesia Best Managed Companies 2023. This award was received by Cinema XXI President & CEO, Hans Gunadi, from Indonesia Deloitte Private Leader, Dionisius Damijanto di Jakarta (27/7).
Indonesia Best Managed Companies is presented by Deloitte to companies in the country that contribute significantly to the industry and economy.
“We welcome eleven winners to the Indonesia Best Managed Companies awards program this year. They joined the elite global community of Best Managed Companies across 46 countries, and are at the forefront of their industry, contributing to their business community and the Indonesian economy. I’m confident they will continue to strive for greater success in the years to come. My heartfelt congratulations to the 2023 winners,” Roy Tedja, Best Managed Companies Leader, Deloitte Indonesia said.
The assessment for this award, which was launched in 2021, is based on four pillars, namely strategy, capability & innovation, culture & commitment, and governance & finance. Best Managed Company is expected to inspire others to build an extraordinary business ecosystem.
“It’s an honor for Cinema XXI to be awarded as one of the winners in Indonesia Best Managed Companies 2023. This award is the result of our hard work in providing the best movie-viewing experience for movie goers in Indonesia. For more than three decades, the commitment of Cinema XXI family has been the key to overcoming various challenges, including the Covid-19 pandemic. We believe that our performance will soon recover, even exceeding before the pandemic,” Hans Gunadi, President & CEO Cinema XXI said.
According to Hans, this award also comes as an appreciation for Cinema XXI's commitment in providing the best quality, uncompromised and affordable moviegoing experience to the people of Indonesia.
"To further strengthen this commitment and bring even better products and services to movie-goers, in early August 2023 Cinema XXI will conduct an initial public offering (IPO). Having received the award before Cinema XXI goes public, I do hope Indonesians will trust us even more," added Hans.
Best Managed Companies awardees are assessed by independent panel of judges in each country with a strict screening process. This award has been running for more than 25 years and is currently launched in 46 countries around the world.
“We are proud of the top private businesses that qualify and requalify for our Best Managed Companies award this year. From enhancing their sustainability practices to driving employee engagement and maintaining a strong balance sheet, these Best Managed Companies distinguish themselves by having an innovative vision and offering the best-in-class products and services to their customers,” said Michael Tsia, Best Managed Companies Leader Southeast Asia.
About Indonesia Best Managed Companies program
Best Managed Companies is a global awards program that recognizes organizational excellence, success, and entrepreneurial spirit in privately held companies. This program provides a distinct framework for management teams to challenge themselves and benchmark against some of the best private companies in the world.
In its 30th year, the Best Managed Companies program has expanded to 46 countries across the Americas, Europe and Asia Pacific, with a global network of over 1,300 outstanding companies, and these companies come together as a community to build alliances and share insights.
For more information on the awards program, visit the Indonesia Best Managed Companies.
About Cinema XXI
Cinema XXI, operates under the auspices of PT Nusantara Sejahtera Raya Tbk, is the largest cinema chain operator in Indonesia with 35 years of experience in the film exhibition industry. Cinema XXI is committed to always providing the best moviegoing experience and convenience for the people of Indonesia. As of the end of December 2022, Cinema XXI has presented 1,216 screens in 225 cinema locations across 55 cities throughout Indonesia.
In 2006, Cinema XXI launched m.tix to facilitate SMS-based cinema ticket ordering that was then developed into online-based application. In 2012, Cinema XXI has presented a movie-viewing experience with revolutionary technology, namely IMAX theater. To better improve the services given to customers, Cinema XXI has also equipped the theaters with the latest "Dolby Atmos" audio system, which is now available on 59 screens.
Not only a place to watch movies, Cinema XXI is also a second home for people to spend their quality time with family and friends. Cinema XXI presents an unforgettable moviegoing experience for today and tomorrow. For three consecutive years in 2017, 2018, 2019 Cinema XXI has been awarded the "World Branding Award" in Kensington, London as the Best Brand in the Entertainment Cinema Category (National Tier). In early 2019, Cinema XXI has also been awarded the "Millennials Top Brand Awards" by one of the preferred media of Indonesia’s young generation as the first choice of millennials for the category of leading cinema network in Indonesia. Despite of the Pandemic condition, in 2020, Cinema XXI has been named "Industry Champion of the Year" by the Asia Corporate Excellence and Sustainability (ACES) Awards.
https://www.cinema21.co.id/
https://21cineplex.com/
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For more information, please contact:
Corporate Communication & Brand Management
PT Nusantara Sejahtera Raya Tbk (Cinema XXI)
Email: [email protected]