PT Makmur Berkah Amanda Tbk (AMAN.JK), or MBA Group, operates as an Indonesia-based real estate developer focused on industrial area development and services; warehouse complexes; hospitality investments; residential properties; commercial developments; and land leasing through its subsidiaries including PT Makmur Berkah Hotel that manages Element by Westin Bali Hotel in partnership with Marriott International. Established in 1996 and headquartered in West Jakarta at APL Tower Unit OT/35/T5 Podomoro City, Jl. S. Parman Kav. 28, with additional offices in Sidoarjo, East Java, the company maintains operations primarily in Indonesia, featuring the 300-hectare Safe ‘N’ Lock Warehouse and Industrial complex in Sidoarjo launched in 2006. It functions as a subsidiary of PT Griya Prima Amanda and was formerly known as PT Sidomaju Industri Estate. Recent developments include a proposed special economic zone initiative targeting Rp97.8 trillion in investments by 2054 and 317,670 jobs; ongoing hospitality expansions such as pre-operational projects in Pontianak; capital increases via public offerings and debt-to-equity conversions in 2019-2020 that raised issued capital to Rp387.35 billion; and sustained diversification into rental properties and investment assets as reflected in its 2024 audited financials and Q3 2025 reports.