The Company was founded by the late Mr. William Soeryadjaya, marking the beginning of the Company's journey as a provider of mobility solutions that cater the Indonesians’ needs

Establishment of PT Federal Karyatama (FKT) (since 2018 was no longer part of the group of the Company), which engages in the manufacturing and packaging of lubricants of “Federal Oil” brand for motorcycles and “Federal Mobil” brand for cars

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

The Company acquired shares in PT Sasana Artha Finance (SAF) to strengthen its financing portfolio

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

January 2012

The Company acquired MPMRent and PT Mitra Pinasthika Mustika Finance and their subsidiaries, as one of expansion strategies in the mobility and financing services

May 2012

The Company established MPMInsurance to provide integrated insurance solutions in its business ecosystem

The Company conducted an Initial Public Offering (IPO) and listed its shares on the Indonesia Stock Exchange under a stock code of MPMX, marking its transformation journey to be a more transparent and accountable public company

The Company completed the merger between PT Mitra Pinasthika Mustika Finance and PT Sasana Artha Finance, into JACCS MPMFinance Indonesia (formerly known as PT Mitra Pinasthika Mustika Finance) to strengthen financing services and to optimize the customers’ needs

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

November 2017

The Company celebrated 30 years of journey, reflecting its unwavering commitment to providing the best mobility solutions for Indonesians

March 2017

MPM Group introduced a new logo, vision, and mission as part of its transformation to strengthen the corporate identity and spirit of innovation towards a more progressive future

May 2017

The Company completed the sale of 20.00% stake in JACCS MPMFinance Indonesia to JACCS Co. Ltd, to empower synergy with the international partners

The Company completed a strategic divestment through the sale of 100.00% share ownership in PT Federal Karyatama to Esso Petroleum Co. Ltd and ExxonMobil UK Limited, as part of the Company's portfolio restructuring strategy to increase its focus on key business sectors

September 2019

PT Balai Lelang Asta Nara Jaya (AUKSI), a subsidiary of MPMRent, inaugurated its first auction pool as part of business expansion in the vehicle auction sector

March 2019

PT Saratoga Investama Sedaya Tbk officially joined in the Company as the Controlling Shareholder, strengthening the ownership structure to support the Company's long-term vision

June 2020

The Company effectively increased its share ownership from 56.87% to 88.0% in its Subsidiary, PT Asuransi Mitra Pelindung Mustika

September 2021

The Company launched a digital platform for used car sales as a strategic step in accelerating digital transformation. Such initiative was taken to expand customers’ access to automotive services while strengthening the Company's position in the used car market through the launch of the technology-based innovation

May 2022

The Company sold 49.9997% of its shareholding in MPMRent to Trusty Cars Pte Ltd (Carro) as part of portfolio management strategy to strengthen its core business focus

June 2022

The Company increased its shareholding in MPMInsurance to 96.00%, increasing its control and management in the insurance sector that served as one of the key elements in the Company's business ecosystem

The Company increased its shareholding in MPMInsurance from 96.00% to 99.50%. This step has strengthened the Company to maintain its position as the majority shareholder

The Company increased its shareholding in MPMInsurance from 99.50% to 99.99%