STP is mandated to provide 20% of land for smallholders
JAKARTA – PT Suryabumi Tunggal Perkasa (STP) is mandated by the Indonesia Competition Commission (lit. Komisi Pengawas Persaingan Usaha/KPPU) to prove 20% of land for smallholders to Tri Hampang Bersatu (THB) Plantation Cooperative Unit.
“During the court session, the assembly of commission found that STP has obligations of providing smallholding land of 948.42 hectares (Ha) of the cultivated land of 4,742.14 Ha,” Deswin Nur, Head of Public Relations and Cooperation Bureau of KPPU, in a press release quoted Wednesday (28/9).
According to Nur, STP has provided only 790.1 Ha of smallholding land to THB Cooperative Unit. Therefore, STP still has to give another 158.32 Ha to THB.
“Referring to the law, the failure to meet 20% of mandated smallholding land could be categorised as a juridicial attempt on business activities of Micro, Small, and Medium Enterprises (MSMEs),” Nur explained.
The court of assembly of commission of KPPU concluded that STP has been proven of violating Article 35 Paragraph 1 of Act No.20/2008 concerning MSME. The said decision was ruled yesterday (27/9) following the case No.03/KPPU-K/2021.
STP is known to be a plantation company under Eagle High Plantation Group, a palm plantation mogul in Tanah Bumbu, South Kalimantan. (LK/ZH)