MPPA on Indonesia Stock Exchange

Matahari Putra Prima

Indonesian retail company

PT Matahari Putra Prima Tbk (doing business as MPPA Retail Group) is an Indonesian retail chain that sells items for daily needs. 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.² Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1986Founded¹

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TickerMPPA on Indonesia Stock Exchange¹
Industryretail¹
Websitewww.mppa.co.id

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The story

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.

From Wikipedia’s article on MPPA Retail Group, shared under CC BY-SA 4.0.³

Products and brands

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.

Brands

Current

Matahari Department Store

Hypermart

Foodmart

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Primo

Hypermart

Foodmart Xpress

SmartClub Wholesale

Maxx Kitchen

Maxx Coffee

Boston

Superoti

Former

Timezone - Management transferred to Lippo Karawaci

Mega M - Renamed to Hypermart

Galeria Department Store - High-end department store, discontinued in 2007

Parisian Department Store - Luxury department store, discontinued in 2010

Marks & Spencer - Sold to Mitra Adiperkasa