MPPA Retail Group

PT Matahari Putra Prima Tbk
Trade name	MPPA Retail Group
Company type	Public
Traded as	IDX: MPPA
ISIN	ID1000125909
Industry	Retail
Founded	11 March 1986; 38 years ago
Headquarters	Tangerang, Indonesia
Number of locations	222 (2013)
Key people	John Bellis (Chairman); Bunjamin Jonatan Mailool (CEO);
Brands	Hypermart; Foodmart; HyFresh; Primo Supermarket; Boston Health & Beauty; FMX; SmartClub;
Revenue	IDR 1,889 Billion (2013);
Operating income	IDR 588 Billion (2013);
Net income	IDR 445 Billion (2013);
Total assets	IDR 6,580 Billion (2013);
Total equity	IDR 3,295 Billion (2013);
Owners	PT Multipolar Tbk (50%); Prime Star Investment Pte. Ltd. (26%);
Number of employees	12,564 (2013)
Website	www.mppa.co.id

PT Matahari Putra Prima Tbk (doing business as MPPA Retail Group) is an Indonesian retail chain that sells items for daily needs.^[1] The company operate its retail chain under the bulk of brands, such as Hypermart, Foodmart, HyFresh, Primo Supermarket, Boston Health & Beauty, Foodmart Xpress (FMX), and SmartClub.

History

MPPA Retail Group was incorporated on 11 March 1986. The first Hypermart was opened in 2004 at Wahana Tata Cemerlang Mall in Lippo Karawaci, Tangerang. On December 19, 2014, Hypermart unveiled the new logo at the opening of the new Hypermart store with the new G7 concept at Cyberpark, North Lippo Karawaci, Tangerang. This logo was rolled out on their new and renovated existing Hypermart stores with the G7 concept throughout 2015 and still going on until present.

Initial public offering

In December 1992, Matahari Hypermart listed its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange. These later merged and were renamed as the Indonesia Stock Exchange.^[2]

References

^ Matahari Putra Prima Tbk 2014, p. 7.
^ Matahari Putra Prima Tbk 2014, p. 8.

External links

Official website

[MPP1-1] Matahari Putra Prima Tbk 2014, p. 7.

[MPP2-2] Matahari Putra Prima Tbk 2014, p. 8.

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