Cibinong, 17 October 2013 - PT Matahari Department Store Tbk (MDS), a leading department store in Indonesia, once again expanded its network by opening its 122th outlets in Cibinong City Mall, on Jl. Tegal Beriman No. 21, Cibinong, Bogor Regency. MDS Cibinong City Mall is the 1st outlet in Cibinong, after existing in Cibubur, Depok, Cimanggis, Cirebon, Bogor City, Bandung, Sukabumi and Tasikmalaya. MDS Cibinong City Mall has completed the presence of the 16th outlets in the region of West Java.

The presence of MDS in Cibinong City Mall is a real commitment of MDS to continue expanding to various cities in Indonesia. With a shopping area not less than 6400 m2, MDS in Cibinong City Mall provides an exclusive shopping and recreation atmosphere, as well as the lighting design and filled with variety of famous brand products that can be an option for you and your family.

Cibinong City Mall is a mall with a strategic location and easy access that may increase the customers' shopping convenience in Cibinong and surrounding areas. MDS Cibinong City Mall has successfully become the new icon of Cibinong.

Supported by hundreds of suppliers from all over Indonesia, MDS presents a wide selection of fashion products both for women and men, children and adults, the selected collection of accessories, cosmetics, household appliances, shoes and bags collection which are available with special price, and meet the needs of MDS customers.

Regarding the opening of MDS Cibinong City Mall, MDS gives many surprises to customers with special promo and discounts up to 70% for a wide selection of new products, goodie bags from MDS for the first 300 customers who shop with certain amount, discount coupons on MDS flyers, as well as shopping rally prizes of shopping vouchers with a total value of Rp 9,000,000, - (nine million Rupiah).

Along with the opening of MDS Cibinong City Mall, MDS also had the opportunity to submit donations to 3 (three) orphanages and schools located around the area of MDS Cibinong City Mall. The three representatives from Rhaudotinnisa Orphanage, Nurul Taqwa Orphanage, and Al Kinanah School were attended the opening ceremony of MDS Cibinong City Mall and received a symbolic check worth 10 million rupiah for each orphanage and school.

In this opportunity, MDS also submit the donations collected from the customers for the period of July to August to Yayasan Dompet Dhuafa Republika, partner of MDS to distribute the donations for people who need it. MDS is so proud to be a partner of Yayasan Dompet Dhuafa Republika in helping people. The donations is amounted of Rp 710.143.544,- (seven hundred ten million and one hundred forty three thousand and five hundred forty four rupiah).

MDS Cibinong City Mall is also a part of MDS active role in growing the economy of the surrounding area in Cibinong. It also offers job opportunities for the citizens in Cibinong and surrounding areas. MDS Cibinong City Mall engaged with not less than 230 employees from the local population of Cibinong and surrounding areas. With the presence of MDS in Cibinong which offers job opportunities for young workers, is expected will reduce the number of unemployment in Cibinong. Thus the citizens' wealth and quality of life will increase.

The capital expenditure for each MDS new store is ranging between Rp 20 billion - Rp 30 billion per store. All financing plan is sourced from internal cash.

Based on the 2012 financial data, total sales of PT Matahari Department Store Tbk reached Rp 10.9 trillion, growing quite rapidly compared to the previous year which recorded on Rp 9.2 trillion.

In the press conference held on Thursday, 17 October 2013, after the new store grand opening ceremony, Sunny Setiawan, Store Operations Director of MDS and Andre Rumantir, HR Director of MDS accompanied by Yudo Arwantoro - Regional Manager of MDS and Dadan as Store Manager of MDS Cibinong City Mall, answered the questions from both local and national media partners.

Photo Caption:
Seen on the picture: Michael Remsen, Chief Executive Officer MDS (fifth from the right side), and Sunny Setiawan, Store Operations Director (sixth from the right side) accompanied by MDS Board of Management, Directors and Commissioners from Cibinong City Mall, representatives from MDS suppliers and the representatives from the Local Government in the 122th MDS Store Opening at Cibinong City Mall.

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