PT Mas Murni Indonesia, Tbk
MAMI.JK
Indonesia Stock Exchange50.00
IDR
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PT Mas Murni Indonesia, Tbk
MAMI.JK
(Indonesia Stock Exchange)
Recent
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50.00
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div
yld
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ROIC.AI
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- Business
- PT Mas Murni Indonesia Tbk PT Mas Murni Indonesia Tbk operates as a property and hospitality company primarily focused on owning, operating, and managing hotel, apartment, shopping center, and related facilities in Surabaya, Indonesia. Founded in 1970 and headquartered at Jl. Yos Sudarso No. 11, Surabaya, East Java, the company listed on the Indonesia Stock Exchange in 1994 under the Development Board; it changed its name from PT Rantai Mas Murni to its current form in October 1971. PT Mas Murni Indonesia Tbk conducts operations through its Hospitality Services, Office Space Rental Services, and Catering, Laundry, and Recreation Services segments, encompassing the ownership and management of the Garden Palace Hotel—a four-star property with 360 rooms and suites offering city and Suramadu Bridge views—along with multifunction venues for weddings, meetings, conferences, and exhibitions accommodating up to 600 people; the Crystal Garden apartment block and shopping center developed in joint venture with PT Anugerah Mitra Lestari; food and beverage outlets including Ming Court Chinese Restaurant, Nishiki Japanese Restaurant and Shabu House, Green House Kitchen & Bistro, Coffee Shop Kencana, Cat's Pajamas Club & Resto, Bill Belle Lounge, and Churabhaya Lounge; laundry services targeted at hospitality, restaurant, retail, and corporate clients via subsidiary PT Sahadja Niaga; fitness and spa facilities such as Clark Hatch Fitness Center & Spa; general trading in food and beverages; advertising, entertainment, fisheries, aquaculture, livestock activities; and construction and development of residential and real estate properties. The company maintains a geographic focus on Indonesia, particularly East Java, serving business travelers, leisure guests, event organizers, residents, shoppers, and corporate clients in the consumer cyclical and tourism sectors. Recent developments include the expansion of laundry operations through PT Sahadja Niaga with modern large-scale equipment to support hospitality and related industries, alongside ongoing management of its core assets amid suspended stock trading; no major acquisitions, partnerships, funding rounds, or strategic shifts reported in the last 1-2 years.