2019 - Opens 3 large format Matahari department stores.
- Distributes a cash dividend of Rp 933.600.000.000, or 85% of the net profit.
- AGMS approves an additional share buyback program.
- Finalizes the initial share buyback program in December 2019.
- Initiates the use of cassava-based shopping bags.
2018 - Relaunches the MATAHARI.com mobile app.
- Distributes a cash dividend of Rpl trillion, or 70% of the net profit.
- Kicks off a share buyback program. Launches a new exclusive.
- Whiteberry - Style & Comfort Lingerie.
- Announces plans for the development of a multi -purpose distribution facility with the purchase
of land close to Jababeka Industrial Area.
- Continues to collaborate with local celebrities and talent to deliver enhanced merchandise offerings.
2017 - Opens the frst stand-alone Nevada Store;
- Signs a multi-year Direct to Retail (DTR) agreement with Disney;
- Partners with local designers and celebrities to deliver enhanced merchandise offerings;
- Relaunches the loyalty program as Matahari Rewards, with an improved platform and
superior benefits;
- Launches the new “Feel Good” reinforcing Matahari’s commitment to offer all its customers
a great shopping experience;
- Establishes PT Matahari Nusantara Logistik, a l 00%-owned subsidiary, which manages and
develops and transportation systems; Completes the final tranche of its investment in
Mataharimall.com, giving Matahari an ownership stake of 19.62% at the end of December 2017.
2016 - Public ownership in Matahari reached 82.52%.
• Matahari cooperated with BCA to launch a co-branded BCA-Matahari credit card.
• The MatahariApp #StylishYou mobile application was introduced to the public.
• Matahari launched MatahariStore.com, the digital platform of Matahari Department Store,
to reach underserved markets across Indonesia.
2015 - Matahari's brands are made available on the MatahariMall e-commerce platform.
- Matahari exercises its share option in PT Global Ecommerce Indonesia (GEI), the parent entity of MatahariMall.
- Public ownership in Matahari increases to 79.52% with ACC's divestment of further shares.
2014 - Public ownership of Matahari increases to 65.34%.
2013 - Following a share offering by ACC and PT Multipolar Tbk public ownership of Matahari's shares increases from 1.85% to 47.35%.
2011 - A merger between MI and Matahari leaves Matahari as the surviving entity.
2010 - Matahari is acquired by PT Meadow Indonesia (MI), a subsidiary of Asia Color Company Limited (ACC). Both MI and ACC were indirectly majority owned by CVC Asia Fund III.
2009 - MPP affiliate PT Pacific Utama Tbk acquires the Matahari Department Store Division.
- Matahari begins trading as a stand-alone public company, PT Matahari Department Store Tbk under the stock code LPPF.
2008 - Matahari introduces its New Generation concept, which showcases the best of modern department store design.
2000 - Matahari Club Card (MCC) is launched.
1997 - Multipolar becomes the majority shareholder in MPP.
1992 - Matahari Putra Prima goes public, with share listings on the Jakarta Stock Exchange and the Stock Exchange.