Milestone

As a company, we’ve come a long way. From the start we were aiming to create ecosystems of the best ideas delivered through the most relevant products and services in the most effective ways, by the most talented people in our industry.
Here is our historical story of achievements.

MPM, the precursor to today's PT Mitra Pinasthika Mustika Tbk, was founded by William Soeryadjaya
1987

MPM, the precursor to today's PT Mitra Pinasthika Mustika Tbk, was founded by William Soeryadjaya

The Company established PT Federal Karyatama (FKT), which operates in the manufacturing and packaging of lubricant under the "Federal Oil" brand for motorcycles and the "Federal Mobil" brand for cars.
1988

The Company established PT Federal Karyatama (FKT), which operates in the manufacturing and packaging of lubricant under the "Federal Oil" brand for motorcycles and the "Federal Mobil" brand for cars.

The Company opened its first MPMMotor retail outlet for direct motorcycle sales
1992

The Company opened its first MPMMotor retail outlet for direct motorcycle sales

The Company acquired shares in PT Sasana Arta Finance (SAF)
1994

The Company acquired shares in PT Sasana Arta Finance (SAF)

The Company established PT Mitra Pinasthika Mulia (MPMulia) which took over the Company's motorcycle distribution activities
2010

The Company established PT Mitra Pinasthika Mulia (MPMulia) which took over the Company's motorcycle distribution activities

The Company aquired PT Mitra Pinasthika Mustika Rent (MPMRent) and PT Mitra Pinasthika Mustika Finance (MPMFinance) and their subsidiaries in January
January 2012

The Company aquired PT Mitra Pinasthika Mustika Rent (MPMRent) and PT Mitra Pinasthika Mustika Finance (MPMFinance) and their subsidiaries in January

In May, the Company established PT Asuransi Mitra Pelindung Mustika (MPMInsurance)
May 2012

In May, the Company established PT Asuransi Mitra Pelindung Mustika (MPMInsurance)

The Company was listed on the Indonesia Stock Exchange, formally becoming a Public Company ('Tbk') in May
2013

The Company was listed on the Indonesia Stock Exchange, formally becoming a Public Company ('Tbk') in May

The Company established PT Putra Mustika Prima (MPMParts)
2015

The Company established PT Putra Mustika Prima (MPMParts)

The Company was named one of the "50 Best Companies" by Forbes Indonesia magazine
2016

The Company was named one of the "50 Best Companies" by Forbes Indonesia magazine

MPM's 30th anniversary
November 2017

MPM's 30th anniversary

MPM Group launched its new logo as well as its new Vision and Mission as part of its transformation into the new MPM
March 2017

MPM Group launched its new logo as well as its new Vision and Mission as part of its transformation into the new MPM

MPM completed the strategic divestment of 100% of its shares in FKT, to Esso Petroleum Company, Limited and ExxonMobil UK Limited
June 2018

MPM completed the strategic divestment of 100% of its shares in FKT, to Esso Petroleum Company, Limited and ExxonMobil UK Limited

Bidbox, the online dealer in in Indonesia for various car brands under MPM Group  was officially launched at Gaikindo Indonesia International Auto Show (GIIAS)
August 2018

Bidbox, the online dealer in in Indonesia for various car brands under MPM Group was officially launched at Gaikindo Indonesia International Auto Show (GIIAS)