MPPA

Retail Asia04/11/2016

Supermarket group Matahari Putra Prima (MPPA) of Indonesia recorded a net profit of RP32.6 billion (US$2.5 million) despite a drop in net sales to RP10.4 trillion for the nine months ended September 30. As expected, says the group in announcing its interim results, a change in date of the Lebaran national holiday from the third […]

Retail Asia08/07/2016

PT Matahari Putra Prima, a multi-format modern retailer in Indonesia, which operates Hypermart, Smartclub, Foodmart, Boston and FMX, today announced that its Board of Directors has authorized an additional share purchase option of MatahariMall.com for Rp12,065 per share in all cash transaction valued at Rp99.8 billion. The Company’s total shares have raised to 15,728,152 or […]

Retail Asia04/07/2016

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Matahari Putra Prima (MPPA) has doubled its stake in online Indonesian retailer MatahariMall.com. The multi-format retailer, which operates Hypermart, Smartclub, Foodmart, Boston and FMX chains, says it has [aid cash for an additional 5 per cent share in the fast-growing eCommerce business. “With the acquisition, MPPA hopes to benefit from wider access to eCommerce as […]

Retail Asia20/04/2016

Multi-format retailer Matahari Putra Prima (MPPA) has launched a new concept, Boston Combo, inPluit Village mall, Jakarta. MPPA, which runs FMX, Foodmart, Hypermart and SmartClub, this year expanded its Boston Health & Beauty formats across Indonesia. As well as the latest concept, there is the original Boston Health and the new Boston Regular. Boston Combo, […]

Tag: MPPA

Sales drop for Matahari Putra Prima

MPPA increases stake in MatahariMall.com to 10%

More stake for Matahari Putra Prima in MatahariMall.com

Boston Combo concept unveiled by MPPA