PT Onix Capital Tbk (“OCAP”) was established on 6 October 1989 under the name of PT Piranti Ciptadhana Amerta and the name was changed for several times and the final change occurred at the beginning of 2011 from PT JJ NAB Capital Tbk to PT Onix Capital Tbk.
On October 30th 2003, the company obtained its effective statement for conducting Initial Public Offering (IPO) of its shares to public in the amount of 50 million shares and conducted company listing in the amount of 273,2 million shares at Surabaya Stock Exchange on 10 November 2003.
On May 2013, the Company changed its business activities through theExtraordinary General Meeting of Shareholders from company which engaged brokerage and underwriting into the business activities which engaged in consulting business, management, and administration. Onix Capital OCAP
VISION
Being one of the leading investment in Indonesia and in the region through sustainable growth with efficiency operational costs, human resource development, and financial structure
MISSION
Ø Investing to companies which have good prospects to provide added value or benefit to employees, governments, shareholders and all stakeholders.
Ø Being a convenient means for each employee to maximize their best potential which suits with field of their expertise.
Ø Having a social responsibility and able to provide the value of benefits to society. Onix Capital OCAP
As PT Onix Capital Tbk conducts its business as a public company, the Board of Commissioners and the Board of Directors of the Company encourage the implementation of good and responsible corporate governance practices across all managerial aspects of the Company in order to improve its competitiveness.
With the commitment from all shareholders, the Board of Commissioners and the Board of Directors of the Company, beginning in 2011, has improved the Company’s corporate governance by implementing the functions stipulated by the regulations that bind the Company’s business activities. In addition, in 2011, the Company’s corporate governance quality was also enhanced by increasing the number of meetings of the Board of Commissioners and the Board of Directors, between the Directors, and between the Directors and the members of the Audit Committee and other units within the Company.
PT Onix Capital Tbk has 2 subsidiary entities, namely: PT Onix Sekuritas which is engaged in the brokerage of securities traders and underwriters and PT Onix Investama which is engaged in consulting services in the health sector. While PT Onix Investama has a subsidiary of PT Menteng Medika Indonesia which is engaged in the field of health. Onix Capital OCAP
ONIX SEKURITAS
PT Onix Sekuritas, established on 25 May 2012, is a subsidiary of PT Onix Capital Tbk. The Company has two licenses as a securities company, i.e. as a broker-dealer (KEP 03/D.04/PEE/2013) and as a securities underwriter (KEP 03/D.04/PEE/2013) from the Financial Services Authority on 31 January 2013.
PT Onix Sekuritas was a spin-off to carry out the securities business of PT Onix Capital Tbk, with the spin-off taking place on 28 March 2013. All the parent company’s securities business will subsequently be dealt with PT Onix Sekuritas. Onix Capital OCAP
PT Sinergi Megah Internusa Tbk was established on May 30, 2014 and has been operating since 2016. The main business carried out by the Company is in the field of Tourism. At present, the Company owns and operates an International-standard Boutique Hotel located at Yogyakarta using the brand "Lafayette Boutique Hotel". The company also has one subsidiary, PT Mulia Manunggal Karsa which owns land assets in Batam with an area of around 20 hectares which are planned to be developed as villas along with supporting facilities and infrastructure by carrying the name "Batam Bay".
Mission
Developing Integrated Cities and high quality accomodations by providing modern infrastructure and facilities to suit the needs of our clients.
Realizing luxury accommodation for residences, villas, the highest gold star hotels that give a sense of pride, satisfaction, and a high sense of belonging to its inhabitants.
Vission
Become the largest and world-class property player who always presents the latest luxury and nuanced accommodation designs and concepts that provide added value and positive influence for clients, shareholders, work partners and the community Sinergi Megah Internusa NUSA
Project Information
Welcome to The Lafayette Boutique Hotel Yogyakarta
Experience the splendor of Yogyakarta from a premier location at Ring Road Utara. Set in an iconic 11 storey tower with sweeping views, our 77 luxurious suites including 1 penthouse are graciously appointed and elegantly furnished for the most discerning guest. Overlooking panoramic views of the majestic Mount Merapi, the Lafayette Hotel provide an unforgettable backdrop to a distinctive address in Yogyakarta with an easy access to the city and tourist attraction sites, making it ideal for business and leisure guests alike. The Keraton (Palace) and the ever bustling and colorful Malioboro Street are nearby as well as our National Cultural Property, the Borobudur and the Prambanan Temple. Sinergi Megah Internusa NUSA
Batam Bay (Managed by PT Mulia Manunggal Karsa)
The northern edge of Tering Bay on Batam Island is ideal setting for superior mixed-use development. Batam Bay is envisioned to be a deverse and unique travel destination catering to Singaporean and regional travelers desiring the very best in the build and natural environment. Bayam Bay promotes a mix of use, activities and attractions at a variety of scales and intensities.
Improving the users arrival sequence, a ferry terminal and elevated pedestrian walk is conceived as a pedestrian gateway into the site. This experience seamlessly connects the ferry terminal to the resort. Extensive thought and panning maximizes surrounding views and access to the water. Providing a variety of living options, from villas to residential towers, residents of all types will be accommodated. The resort hotel, beach, retail experience and marina provide a vacation destination that offers world class amenities only a short trip from Singapore. Sinergi Megah Internusa NUSA
We are committed to practicing good corporate governance in accordance with the corporate governance guidelines issued by the Financial Services Authority in every line of our Company's operations. This commitment will be implemented consistently in order to achieve sustainable long-term performance for all our stakeholders.
Company realizes that risk has become an integral part of every business process. These risks are inherent in all activities and decision making and the impact of these risks can significantly affect the company’s operations. To manage and minimize risks, the Company conducts its operational activities based on Good Corporate Governance. For this purpose, the Company referred to the Corporate Secretary and Independent Commissioner, Independent Director and formed the Internal Audit Unit. The implementation of Good Corporate Governance is also intended to support the implementation of the Company’s vision and mission, behavioral guidelines, business plans, financial planning (budgeting), oversight of the work of the Board of Commissioners and Directors, risk management systems, disclosure and conflict of interest. Sinergi Megah Internusa NUSA
Head Office
Jl Padjajaran, No 409
Ring Road Utara, Catur Tunggal, 55281 Daerah Istimewa Yogyakarta
A leading managing developer company in the property sectors such as hotels, villas, and resorts in Indonesia. By prioritizing attractive and unique designs, exotic locations, and best quality services which added more value for costumers. Nusantara Properti Internasional NATO
VISION
Become a leading developer and operator of boutique hotels and resorts.
MISSION
Become a developer and operator of hotels and resorts that provide more value to customers and shareholders.
Manage hotels and resorts in exotic locations on the archipelago.
Luna2 Seminyak is a modern boutique hotel in Bali, in the heart of fashionable Seminyak, Luna2 raises benchmarks through prime location, visionary design, superstar services, and stellar dining experiences. Luna2 has a modern Balinese concept where Luna2 is a representation of a future hotel. The name Luna2 comes from the first spaceship to land on the moon in the late 50s.
Luna2 has 14 super spacious luxury studios with visionary designs located only 25 meters from Seminyak beach, Bali. Each room has a king size bed, a private lounge area, a work area with iPad facilities, a private dining table and a balcony overlooking the swimming pool.
Studio Room
There are 10 66 m2 studio rooms all of which have a relaxing area, dining table with the theme 'in the airplane' for 2 people, a place to work, a large open bathroom, and a large balcony overlooking the swimming pool and temple which is next to the hotel . While the studio rooms on the ground floor have direct access to the swimming pool.
Grand Studio Room
There are 3 grand studio rooms covering an area of ??80 m2 with a larger living room complete with a 'circle of love' sofa, a kitchen with a floating concept and a dining-themed dining table in the airplane for up to 4 people, a workstation, spacious en-suite bathroom, and large private balcony overlooking the swimming pool and the temple which is next to the hotel.
Sunset Studio Room
The sunset studio room is only available in one size of 78 m2 with blue accents and is named after one of the main streets of London - Mayfair. It has a complete lounge with a bar, an 'in-flight' dining table for 4 people, a large open bathroom, and 2 large balconies overlooking the pool and Seminyak beach.
Orbit Restaurant
Orbit Restaurant is a restaurant located on the ground floor of the hotel with the concept of bubbles and pool views.
Lunaplex Cinema
Lunaplex Cinema is a theater inside Luna2. This theater has a capacity of 16 people who regularly show the best and latest films twice a day. Lunaplex Cinema is equipped with comfortable chairs and the latest entertainment system. Lunaplex Cinema can be enjoyed by hotel guests freely or other visitors on certain conditions. Nusantara Properti Internasional NATO
MANGOSTEEN HOTEL
Mangosteen Hotel and Private Villa in Ubud is a beautiful hotel with fourteen rooms and one villa with two rooms. Mangosteen is the right choice for those who are looking for hospitality at an affordable cost.
Villa 2 - Bedroom
Villa 2 - This bedroom is equipped with air conditioning, a private bathroom and a desk. Here, you will find comfortable yet spacious rooms with warm tones and a touch of traditional feel but modern decor. Whether you spend the day relaxing next to your private pool, or staring at the stars from your terrace, you will recharge your energy for sure.
Deluxe Double Room
The Deluxe Double Room at Mangosteen is committed to ensuring that your stay is as comfortable as possible. This air-conditioned room offers modern conveniences such as a seating area, flat-screen TV and en suite bathroom with shower. Throughout the day you can enjoy the communal open space areas such as outdoor swimming pools and gardens.
Deluxe Twin Room
Deluxe Twin Rooms are designed to provide optimal comfort with welcome décor and some offer convenient amenities, such as air conditioning, sofas, flat-screen TVs, and en-suite bathrooms with showers. Enjoy the hotel's social facilities, including an outdoor swimming pool, spa, massage and garden. We also have a poolside bale that provides a shaded area for relaxing to eat, relax and play. Nusantara Properti Internasional NATO
THE SERI VILLAS
In Malay, Seri means "sparkly, radiant light", a title appropriate for The Seri Villas, a contemporary Balinese-style villa. Combine the tranquility of a private rest area with modern facilities for the perfect vacation.
The Seri Villas consists of a collection of nine beautiful and luxurious villas.
Each villa is equipped with a private swimming pool, free WIFI, a home entertainment system, an open-air indoor bathroom, a kitchen and a safe, which are combined to offer a safe and independent private luxury. Each villa has its own design but still furnished with elegant furniture designed by the interior design company "Cempaka". Architectural themes from modern minimalist tropical and Balinese designs. Nusantara Properti Internasional NATO
TAKABONERATE RESORT
The name Takabonerate in the Selayar Islands, South Sulawesi is called the paradise of the underwater world in Indonesia. Takabonerate is a national park that is said to have an atoll, aka the third best coral reef in the world. Besides coral, tourists can also see baby sharks roaming around the beach. In addition there are 26 diving spots around Takabonerate. The company plans to develop resorts in this area. Nusantara Properti Internasional NATO
MARATUA BEACH RESORT
The company also plans to develop resorts in the North Kalimantan area.
The Company's location is in the same area as the Derawan and Maratua islands. Tourists can admire the clear sea water, watch hordes of barracudas and other aquatic animals play between the feet of buildings on the beach, all can be enshrined. In addition, tourists can also swim with jellyfish without sting in Kakaban.
Tourists can admire the clear sea water, watch hordes of barracudas and other aquatic animals play between the feet of buildings on the beach, all can be enshrined. In addition, tourists can also swim with jellyfish without sting in Kakaban. Nusantara Properti Internasional NATO
SURFER PARADISE RESORT
The company plans to develop a resort on Rote Island.
Rote Island is currently a new tourist destination with a variety of attractions. Tourists can surf the Nembrala beach.
This beach is equipped with white sand and beautiful scenery. Its main attraction is the Indian Ocean waves which are perfect for surfing. Nusantara Properti Internasional NATO
PT Andalan Perkasa Abadi Tbk has been able to demonstrate its ability as a company that focuses on leading villas and apartments through competitiveness and experience as evidenced by the success of the projects that have been carried out.
We always provide the best in every project development so that it can contribute to the growth of infrastructure and prosperity in Indonesia until now. Ayana Land International NASA
Vision
"Become an innovative and sustainable developer and property manager."
Mission
- Become a developer company that provides added value to
consumers and shareholders.
- Providing residential concepts aimed at improving the quality
of life in each product and service provided.
- Manage property by prioritizing the needs and comfort of
The Ayatana is a vertical housing owned by Entitas Anak ALK. The Ayatana will be developed on an area of 11,154 m2 in Bintaro.
Located on the countryside of developing city of Jakarta, The Ayatana is an ideal residence. Surrounded by classy business district, educational facilities, health services, and recreation destinations to make your investment worthwhile.
The Ayatana is a modern apartment coupled with green natural surroundings. Enjoy a refreshing jog along the jogging tracks, utilize the playground and engage with the community. Without doubt, its elegance is beyond compare. Ayana Land International NASA
Mahala Hasa Villa
Mahala Hasa Villas by Premier Hospitality Asia is a unique boutique villa, luxuriously nestled in a quiet, sheltered district of Petitenget, Seminyak, Bali.
Mahala Hasa Villas promises a relaxing and wonderful experience and an excellent choice from which to explore Bali or to simply relax and rejuvenate. Mahala Hasa Villas focus on becoming a destination of choice for couples, executives and professionals who are searching for the ultimate sanctuary to relax and recharge.
Set ideally within a few minutes away from the famous Petitenget Beach and trendy fashion, dining and entertainment venues, Mahala Hasa Villa is some minutes’ drive to Pepito Market, Mirror Lounge & Club, Potato Head Restaurant, and much more interesting places. Ayana Land International NASA
PT MNC Studios International TBK (MSIN) was first established under the name of PT Bhakti Media International on 13 July 2000, and began operating commercially in the same year. On 25 May, 2018, MSIN obtained a statement of effectiveness from the Financial Services Authority (OJK) which granted the Company to conduct an Initial Public Offering (IPO) that offered as many as 1,560,000,000 shares to the public valued at Rp100.- per share, with price offering of Rp500.- per share. These shares were registered at the Indonesian Stock Exchange (IDX) on 8 June 2018 with ticker code ‘MSIN’.
As the largest content provider in Indonesia, MSIN’s core business is in producing and distributing the best, high quality television content through every media platform, from traditional to digital platforms consisting of Free-To-Air TV (FTA), Pay Per View (Pay-TV), Catch Up TV, Over the Top (“OTT”), Video on Demand (“VOD”), Movie Theater, and every feature of Internet Protocol Television (“IPTV”) (new media). MSIN is also supported by its business units through business activities in production of drama series, FTV, film, infotainment, reality shows, game shows, ad services and talent management.
Article 3 of the Company’s Articles of Association states that its purpose and objectives are to operate in the following sectors: trade, industry, print, media, development, multimedia through satellite and other telecommunication devices, services and investment. MNC Studios International MSIN
VISION
To be the largest content provider for conventinal and digital media as well as talent management in the national and international entertainment industry.
MISSION
To produce variety of quality content and be trendsetter in the entertainment industry.
To provide a complete range of services as an agency including design, print, strategy consultation and advertising placement in various media such as tv, billboard, newspapers, online media, radio and off air events.
To scout, train and provide profesional artist in their field of expertise.
CORPORATE VALUES
Vision : The ability to anticipate future business opportunity and become the market leader. Quality : Total commitment to be the best. Speed : Provides timely and high quality services to be at the forefront. MNC Studios International MSIN
MNC Pictures
MNC Pictures is a Production House which is part of the Media Nusantara Citra group, the largest media group in Indonesia. Where it is incorporated RCTI, MNC TV, GTV, iNews, MNC Channels, The F Thing, Star Media Nusantara, MNC Play, Sindonews, Koran Sindo, Okezone, MNC Vision, Hits Records, MeTube, MNC Network and dozens of other radio stations scattered throughout Indonesia.
Since its establishment in 2005, MNC Pictures has produced various programs with quality content in the form of dramas and non-dramas including films, television films, and television series / soap operas, variety shows, reality shows, music, documentaries and magazines.
Vision
To become the leading Production House that provides a variety of program offerings with the best quality content, both domestic and international with high production output.
Mission
Building a Production House that has international standard production techniques and creative processes, so that it can produce quality and competitive programs.
Innovative: Always put forward the concept of the program with the latest and fresh creative ideas.
Trend setters: The resulting programs will become benchmarks and models for the industry.
Creative as a discipline: Creativity for MNC Pictures is a discipline and not a world without borders, because time, accuracy and efficiency are the main inspirations for MNC Pictures. The creative process at MNC Pictures is how to take advantage of existing opportunities to become an inspiration for the programs being developed.
Along with the increasing number of talents, in 2008, MNC Talent Management officially changed its name to Star Media Nusantara. Star Media Nusantara has strengthened its existence with more than 300 talents with various genres ranging from singers, presenters, presenters, actors, actresses, comedians, chefs to magicians. SMN will continue to strive to be the best and most comprehensive talent management in innovation.
STARPRO Indonesia
Mediate Indonesia
PT. Mediate Indonesia is an independent Full-service Advertising Agency. We are a subsidiary of MNC Studio International, part of MNC Group, established in 2001. As we know MNC Group is Southeast Asia’s Largest and Most Integrated Media Group.
We provide a complete range of contact points and engagement opportunities, Mediate has the scope and flexibility to deliver highly successful campaigns with measurable outcomes for each of our client’s needs.
We are proud to have a lot of young talented members. It helps the company have a fresh edge among the competitors and has allowed us to come up with innovative ideas and concepts that prove to be attractive to clients looking for something new and exciting. That’s why we are here to “mediate” your brand promises and consumer’s needs.
Multi Media Integration (MMI)
Under PT. Mediate Indonesia, Multi Media Integration (MMI) is a subsidiary engaged in digital strategy and advertising agency on digital platform. These digital services include ad serving on websites and social media. MMI also develops its business in digital production which includes: digital content creative, digital activity and website development- maintenance. MNC Studios International MSIN
Asia Media Productions
The Company realizes one of its missions through CSR, which is to enhance its corporate values and improve the country’s social welfare. With MNC Group as the frontrunner of the media industry, and the holding company puts thoughtful emphasis on integrating the needs of society with the business, so both parties can build a healthy synergy.
MNC Peduli is the social brand that defines the Company’s social responsibility activities that focus on infrastructure, education, sports and social service. On top of the activities implemented directly by the Company, social activities are also implemented through the foundation established by the Company, CSR activities.
The foundation conducts activities that support underprivileged communities to gain access to medical procedures for patients with cleft lips, hernia, and cataracts. It also provides hearing aids for the deaf, and conducts fund raising activities through television, radio, newspapers and online media to aid victims of natural disasters. MNC Studios International MSIN
PT. MNC Studios International Tbk
Gd. MNC Pictures Komp. MNC Studios Jl. Raya Perjuangan No. 1 RT 005 RW 010 Kebon Jeruk, Jakarta Barat 11530, Indonesia
PT Matahari Putra Prima Tbk (“Company”) was established in Republic of Indonesia on March 11, 1986 based on the Notarial Deed of Budiarti Karnadi, S.H., Public Notary, No.30 dated March 11, 1986 and was legalized by the Ministry of Justice Republic of Indonesia based on the Quotation Letter from the List of Decrees of the Minister of Justice dated July 26, 1986 No. C2-5238.HT.01-01.Th.86. The Deed was announced in the State Gazette of the Republic of Indonesia No.73 dated September 10, 1991, Additional State Gazette of the Republic of Indonesia No.2954. The Article of Association Deed has been updated several times with the latest update was stated at Deed of Statement of Meeting Decision by Sriwi Bawana Nawaksari, S.H., M.Kn, Public Notary, No.04 dated June 11, 2019. The change has been reported to Ministry of Law and Human Rights of the Republic of Indonesia through Letter of Acceptance of Change Notification No. AHU-0091783.AH.01.11 Tahun 2019 dated June 13, 2019.
The Company conducts its key business operation in the form of hypermarket and supermarket chain providing various products such as daily necessities products to electronics.
By the end of 2020, the Company operated Hypermart, Primo, Foodmart, Hyfresh, Boston Health & Beauty, FMX dan SmartClub in more than 150 location in Jakarta and other cities in Indonesia.
Established in 1986, PT Matahari Putra Prima Tbk (“Company/MPPA”) has successfully become a prominent modern retailer in Indonesia. The divestment of non-core assets at the end of 2012, poised MPPA to focus on its core FMCG modern retail business in order to capture and serve the large potential consumer market. Today MPPA has become a shopping destination and successfully operates more than 200 stores across Indonesia supported by its own extensive distribution network.
The Company’s strategy to becoming a multi-format FMCG operator continued to unfold. In 2015, strategic Hypermart locations were remodeled to the new concept as well as new stores being built following this new concept. The Company also launched Primo premium supermarket, FMX convenience store concept and revamped Boston Health & Beauty format.
The Company made great strides at addressing its long term positioning with the most critical change being the implementation and switch to the cost method of inventory measurement technique in the 3rd quarter of 2016. This milestone was positioned to address the final obstacle impacting comparable sales which was the pricing factor, that was addressed in 2017 with the launch of its pricing strategy. It also placed MPPA in a position to better understand the profitability of its assortment thus enabling long term margin management/control at the SKU level while simultaneously addressing the pricing matters.
Within the continued, challenging market condition and increased competitive environment in 2018, the Company aligned its retail business strategy. It reaffirmed its key focus toward consumer retailing through its Hypermart and Foodmart formats, and reduced its exposure from the large, unprofitable B2B business. The key focus strategy is supported by new competitive pricing on daily basic necessity products, while the Company continues its cost efficiency efforts on all expenses, inventory management and more efficient store formats.
The Company’s focus toward consumer retailing continued in 2019. In addition to the relaunching of Hypermart, Primo and Foodmart stores adapted to market condition and consumers’ needs, the Company also strengthened its retail role by launching Hyfresh, a community- supermarket concept, with arrays of daily household products being offered at competitive prices in the market.
In the midst of Covid-19 pandemic in 2020, the development of Offline to Online (O2O) online business was further strengthen through the Hypermart Online e-commerce platform. At end of Q1 2020, the Company also launched Chat & Shop by whatsapp which is supported by Park & Pickup and BELLA (Single National Whatsapp Number) features. In second semester of 2020, the Company also collaborated with several leading marketplace operators such as Grabmart, Shopee and Tokopedia in order to further strengthen its online business. This is also supported with the expanding usage of digital payments such as OVO, Shopee Pay and QRIS national system accessible from various mobile banking application and other digital payment system. Matahari Putra Prima MPPA
Business Format Overview
Hypermart
MPPA’s core retail business is still being contributed by Hypermart, which delivered 84.5% of the total revenue in 2020. Despite a halt to most new stores expansion and store relaunch due to pandemic, MPPA still put great priority in transforming the Hypermart’s concept into a new, smaller efficient yet modern hypermarket format with a goal to provide the international standards of retail offerings with a modern shopping environment and consistent shopping experience at every store throughout Indonesia.
Hypermart is one of the Indonesia’s modern retail hypermarkets for the growing middle-income family nationwide, with an extensive product selection covering Grocery, Fresh Food, Bazaar, Softlines and Electronics merchandise. Hypermart has its competitive advantages as the results from our capabilities developed through intensive retail & customer studies, detailed sales and profitability analysis by SKU as well as a nationwide distribution network to move products from Distribution Centers and suppliers to stores.
Hypermart has to remain competitive in the market while at the same time it is required to operate more efficiently to sustain its profitability. The Company realigned the Hypermart’s format and business model into a more consumer-centric outlook with an enhanced approach to serve the consumers’ demanding needs. Significant focus was given to a tighter selection of Fresh Products, food and groceries and fast-moving household products needed by consumers daily supported with attractive prices. The continuing cost reduction and higher productivity at store level were also driven to regain Hypermart’s productivity and profitability going forward.
During 2020, there was no new Hypermart store opened but the Company relaunched 5 existing stores following MPPA’s consumer retailing focus and in order to reduce unnecessary costs while maintain profitable stores within its store network. By 2020 year-end, the Company operated 100 Hypermart stores (including 2 temporary closed stores to be opened in 2021) in more than 70 cities across the country.
Foodmart
Through its Foodmart Fresh and premium Foodmart Primo supermarket formats, the Company focuses on fresh foods, bakery, ready-to-eat (RTE) products as well as a wide variety of local and international products. The formats provide a convenient shopping experience with modern store atmosphere and cater the needs of modern Indonesian customers who put value on convenience with quality fresh products.
The Foodmart format has been expanded further to increase the focus on high quality fresh foods and provides only the freshest products to customers. Foodmart Primo, as the premium supermarket format for refined customers, offers international products, more variety of quality fresh products and a large RTE section providing eat-in or quick take-away meals, café and boutique bakery.
In 2020, the Company did not open any new Foodmart and Primo stores, and it closed 1 Foodmart permanently for a net total of 25 stores actively operating at yearend (including 2 Primo and 2 Foodmart stores on temporary closures to be opened in 2021).
Hyfresh
The Company launched its latest store format - Hyfresh in late 2019, which is a community supermarket format with greater focus on fresh and groceries products at attractive prices to attract middle-class households within the communities for shopping daily needs.
This Hyfresh format is the Company’s latest interpretation for the future store should look like adapting from the changing market environment. The Company will put equal priority for this new format as future expansion path in reaching the communities looking for fresh food retail in the New Normal era post pandemic.
By end of 2020, the Company opened 2 new stores while it closed 1 store permanently for a total 9 stores in operation (including 2 temporary closed stores to be opened in 2021).
Boston HBC
Boston Health & Beauty (“Boston HBC”) continued to deliver good performance in 2020 with positive sales growth and profitability. Boston HBC is positioned to offer a comfortable and modern health & beauty store concept with additional health consultation services at selected stores. Several larger stores at prime location were also added with pharmacy services in order to provide a total health solution for customers.
During 2020, Boston HBC did not open any new stores and closed 7 stores permanently for a total of 64 stores in operation (including 2 temporary closed stores to be opened in 2021).
FMX
FMX convenient stores are located at strategic locations such as malls, apartments, offices, railway stations and other public places for convenient, fast purchases within local communities. FMX differentiates itself from other Indonesian minimarket operators with modern layouts, large ready to eat and drink sections and a wide assortment of grocery with a focus on snacks. Basic financial services such as ATM’s, cellular airtime top ups and bill payments are also offered within the stores. The Company is optimistic that FMX offers great growth opportunities through store expansion at good, crowded location to capture its maximum potential as modern convenient stores in the future.
During 2020, the Company closed 2 outlets permanently and operated a total of 14 outlets at year-end (including 1 temporary closed stores to be opened in 2021).
SmartClub
As a result of MPPA’s renewed consumer retailing focus, the Company only operated 1 outlet in 2020. Matahari Putra Prima MPPA
Supporting Function
Distribution Center
An efficient logistics platform helps MPPA to drive productivity improvement.
The Company operates 3 Distribution Centers, strategically located at Balaraja - Banten, Cibitung - Greater Jakarta and Porong - East Java, encompassing 66,755 m² of distribution space and 76,952 pallet positions. Nearly 54% of the Company’s store sales come from merchandise that flows through our Distribution Centers.
Relocated from the previous Surabaya DC in 2019, the new DC in Porong (East Java) has an approximately 20,367 m2 of space with 29,718 pallet positions, would play a key role in distributing products to Eastern Indonesia, while MPPA’s main DC at Balaraja, Banten continues to distribute products to Western and Central Indonesia. Cibitung Fresh Food Distribution Center now has the leading industry-standard freezer and chiller capacity to provide higher service levels to all stores in the dairy and frozen foods categories.
Within 2020, the distribution operation management continued maintaining and developing the up-to-date technology necessary to meet merchandise supplier delivery requirements while providing world-class service levels to our customers. Current distribution technologies such as radio frequency scanning, paperless picking solutions by voice-directed (voice picking system) and single pick technology result in paperless, faster operations that are then extensively utilized to support the ability to use automatic data collection, record every aspect of product movement, evaluate cross-docking opportunities and manage returns.
The Company’s distribution center network ships products more frequently to stores with speed and accuracy in order to maintain a high “In-Stock” position at all stores. The logistics network that MPPA has created is both a competitive advantage and barrier to entry for retail entrants in Indonesia. Strong logistics capability is a key reason why the Company can be first to market in the outer islands and provide unparalleled service levels to the stores.
Information Technology
The Company owns and operates its Information Technology Division. The division has important contribution and achievements for the Company in formulating and developing the management information system at the Company’s retail business.
The Company utilizes systems used by global retail companies, such as “RETEK Information System” and “Oracle Finance and Oracle Human Resources Management System.” For its Distribution Centers, the Company utilizes Manhattan Warehouse Management System program.
In term of data management, the IT Division operates 24/7, with Data Recovery Plan (DRP) in-place to ensure continuity of operations. The data information is presented in formats which enables users to analyse big data and obtain insights for better decision making process. The Company is commited to continue the development of its information technology, in-line with its growh trajectory. Matahari Putra Prima MPPA
