PT Matahari Department Store Tbk ( "Sun" or the "Company") is the leading retail company in Indonesia that provide equipment fashion, accessories, beauty, to household appliances at an affordable price. Sun deliver products of high quality and stylish shopping experience special, in collaboration with local and international suppliers are trusted to offer a variety of the latest products from exclusive brands and international brands.
Sun's position as the department store of choice in Indonesia supported by ranks of exclusive brands carried. Only sold at outlets of the Company, these brands consistently rank among the best brands in Indonesia, won a number of awards related to the design, quality and value, so the sun will prove understanding customer awareness of the value of a product.
The sun has been present in Indonesia retail scene for nearly six decades. First outlet, which is a clothing store for children, opened on October 24, 1958 in Pasar Baru, Jakarta. Since then, Sun continues to develop into a national company, opened the first modern department store in Indonesia in 1972 and established a loyal customer base throughout Indonesia. With a network of 142 outlets in 66 cities, sun provides jobs for 50,000 people in Indonesia and get 80% direct purchase and consignment products from around 850 local suppliers.
In 2009, the Company's spin off of PT Matahari Putra Prima Tbk (MPP) to form a new entity, PT Matahari Department Store Tbk (Sun). Color Asia Company Limited, a subsidiary of the Company CVC Capital Partners Asia Pacific III L.P. and CVC Capital Partners Asia Pacific III Parallel Fund - A, L.P. (Together "CVC Asia Fund III") became the majority shareholder of the Sun in April 2010.
Sun shares were offered to the public by Asia Color Company Limited and PT Multipolar Tbk in 2013 attracted worldwide attention and increasing public ownership of the Company from 1.85% to 47.35% as of 28 March 2013. These activities not only raise the profile of the Company in Indonesia and around the world, but also strengthens the trading liquidity of its shares on the Indonesia Stock Exchange, expanding access to financing from domestic and international markets and increases the potential to obtain imposition
lower tax rates corresponding tax regulations in Indonesia.
lower tax rates corresponding tax regulations in Indonesia.
Between March 2014 until February 2015, Asia Color Company Limited to reduce the stake of the Company, and as of February 28, 2015, Asia Color Company has recorded a 2.00% stake in the Company, while PT Multipolar Tbk public has 20.48% and 77.52%.
Realizing the potential of electronic commerce / e-commerce to expand our business throughout Indonesia, Matahari execute its option right to purchase 2.63158 million (two million six hundred and thirty one thousand five hundred eighty) shares of PT Global Ecommerce Indonesia (GEI) or represents 2 , 5% of the total shares of GEI. On December 16, 2015, in connection with the capital increase GEI shares issued and fully paid, the GEI shares owned by the Company was diluted to 1.99%. On December 30, 2015, the Company continued to implement an option to buy 4.4047 million (four million four hundred and four thousand seven hundred) shares, bringing the total shares owned by the Company GEI be 7.0362 million or 5.16% of total shares of GEI. On January 20, 2016, the Company implement an option to purchase an additional 7,864,075 (seven million eight hundred and sixty four thousand and seventy five) GEI shares, bringing the total shares owned by the Company of 10.33%. The shares were then diluted to 10% after the rights holders exercising the right of option options, so that as of January 29, 2016, the Company owns 10% of the total shares of GEI.
PT Matahari Department Store Tbk ( "Sun" or the "Company") is the leading retail company in Indonesia that provide equipment fashion, accessories, beauty, to household appliances at an affordable price. Sun deliver products of high quality and stylish shopping experience special, in collaboration with local and international suppliers are trusted to offer a variety of the latest products from exclusive brands and international brands.
Sun's position as the department store of choice in Indonesia supported by ranks of exclusive brands carried. Only sold at outlets of the Company, these brands consistently rank among the best brands in Indonesia, won a number of awards related to the design, quality and value, so the sun will prove understanding customer awareness of the value of a product.
The sun has been present in Indonesia retail scene for nearly six decades. First outlet, which is a clothing store for children, opened on October 24, 1958 in Pasar Baru, Jakarta. Since then, Sun continues to develop into a national company, opened the first modern department store in Indonesia in 1972 and established a loyal customer base throughout Indonesia. With a network of 142 outlets in 66 cities, sun provides jobs for 50,000 people in Indonesia and get 80% direct purchase and consignment products from around 850 local suppliers.
In 2009, the Company's spin off of PT Matahari Putra Prima Tbk (MPP) to form a new entity, PT Matahari Department Store Tbk (Sun). Color Asia Company Limited, a subsidiary of the Company CVC Capital Partners Asia Pacific III L.P. and CVC Capital Partners Asia Pacific III Parallel Fund - A, L.P. (Together "CVC Asia Fund III") became the majority shareholder of the Sun in April 2010.
Sun shares were offered to the public by Asia Color Company Limited and PT Multipolar Tbk in 2013 attracted worldwide attention and increasing public ownership of the Company from 1.85% to 47.35% as of 28 March 2013. These activities not only raise the profile of the Company in Indonesia and around the world, but also strengthens the trading liquidity of its shares on the Indonesia Stock Exchange, expanding access to financing from domestic and international markets and increases the potential to obtain imposition
lower tax rates corresponding tax regulations in Indonesia.
lower tax rates corresponding tax regulations in Indonesia.
Between March 2014 until February 2015, Asia Color Company Limited to reduce the stake of the Company, and as of February 28, 2015, Asia Color Company has recorded a 2.00% stake in the Company, while PT Multipolar Tbk public has 20.48% and 77.52%.
Realizing the potential of electronic commerce / e-commerce to expand our business throughout Indonesia, Matahari execute its option right to purchase 2.63158 million (two million six hundred and thirty one thousand five hundred eighty) shares of PT Global Ecommerce Indonesia (GEI) or represents 2 , 5% of the total shares of GEI. On December 16, 2015, in connection with the capital increase GEI shares issued and fully paid, the GEI shares owned by the Company was diluted to 1.99%. On December 30, 2015, the Company continued to implement an option to buy 4.4047 million (four million four hundred and four thousand seven hundred) shares, bringing the total shares owned by the Company GEI be 7.0362 million or 5.16% of total shares of GEI. On January 20, 2016, the Company implement an option to purchase an additional 7,864,075 (seven million eight hundred and sixty four thousand and seventy five) GEI shares, bringing the total shares owned by the Company of 10.33%. The shares were then diluted to 10% after the rights holders exercising the right of option options, so that as of January 29, 2016, the Company owns 10% of the total shares of GEI.
Website : http://www.matahari.co.id/
Location : Matahari, Kepri Mall, Jalan Sudirman, Sukajadi, Batam Kota, Kota Batam, Kepulauan Riau, Indonesia
Call Service : (0778) 7490004
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