MPPA Retail Group
 | This article needs additional citations for verification. (April 2015) |
 Logo in existing stores from 2004 | |
 Logo in new and renovated existing stores with the G7 concept from December 19, 2014 | |
| Company type | Public |
|---|---|
| IDX: MPPA | |
| ISIN | ID1000125909 |
| Founded | Indonesia (March 11, 1986) |
| Headquarters | , Indonesia |
Number of locations | 222 (2013) |
Key people | |
| Brands | Hypermart |
| Revenue |
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| Total assets |
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| Total equity |
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Number of employees | 12,564 (2013) |
| Parent |
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| Website | hypermart |
PT Matahari Putra Prima Tbk doing business as Matahari Hypermart is an Indonesian retail chain that sells items for daily needs.[1]
History
Matahari Hypermart was established on March 11, 1986. It was based on notarial deed No. 30, dated March 11, 1986 of Budiarti Karnadi, S.H. and was approved by the Minister of Justice in Decision Letter No. C2-5238.HT.01-01.Th.86, dated July 26, 1986. It was published in Supplement No. 73 of State Gazette No. 2954 dated September 20, 1991.[1] 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]