Matahari (department store)

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For other uses, see Mata Hari (disambiguation).
PT Matahari Department Store Tbk
Formerly called
PT Stephens Utama International Leasing Corp
Traded as IDXLPPF
ISIN ID1000113301
Founded (April 1, 1982 (1982-04-01))
Headquarters Tangerang, Indonesia
Number of locations
Key people
  • Bunjamin Jonatan Mailool (CEO)
  • John Bellis (Chairman)
Brands Matahari
Services Department Store
  • Increase IDR 6,754 Billion (2013)
  • Increase IDR 1,815 Billion (2013)
  • Increase IDR 1,150 Billion (2013)
Total assets
  • Increase IDR 2,937 Billion (2013)
Total equity
  • Increase IDR - 781 Billion (2013)
  • Asia Color Company Ltd
  • PT Multipolar Tbk
Matahari Department Store at "Mal Bali Galeria" Shopping Mall in Bali, Indonesia

PT Matahari Department Store Tbk (Matahari) is a retail business for several types of products such as clothes, accessories, bags, shoes, cosmetics, and household appliances, which provides management consulting service.[1]



Matahari was established as PT Stephens Utama International Leasing Corp based on Notarial Deed No. 2 dated 1 April 1982 of Misahardi Wilamarta, S.H.. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia in Decision Letter No. C2-2611-HT.01.01.Th.82 dated 18 November 1982, and was published in the State Gazette No. 4 dated 14 January 1983, Supplement No. 58.[1]

Initial Public Offering[edit]

The Initial Public Offering of Matahari was done on 1989 with its 2,140,000 type A shares being valued in full amount of IDR 1,000.[2]


  1. ^ a b Matahari Department Store Tbk 2014, p. 6.
  2. ^ Matahari Department Store Tbk 2014, p. 7.


  • Matahari Department Store Tbk, PT (2014). PT Matahari Department Store Tbk: Financial Statements 31 December 2013 and 2012. PT Bursa Efek Indonesia.

See Also[edit]

External links[edit]