Lippo Group and PT Pertamina Retail Agree to Establish a Strategic Business Development Partnership

Jakarta, 17 January 2025 – Lippo Group and PT Pertamina Retail have officially signed a strategic agreement to establish a business development partnership.

The signing ceremony took place on Wednesday, January 8, 2025, in Jakarta, and was attended by Zibali Hisbul Masih, President Director of PT Pertamina Retail; Mohammad Fitrawan Nur, Finance and General Affairs Director of PT Pertamina Retail; Fedy Alberto, Commercial & Operations Director of PT Pertamina Retail; Wahyudi Chandra, President Director of PT Multipolar Technology Tbk (MLPT); Marlo Budiman, President Director of PT Lippo Karawaci Tbk (LPKR) and PT Lippo Malls Indonesia (LMI); Nike P. Kosasih, CEO of PT Data Lake Indonesia (DLI); and Angkasa P. Putra, CEO of PT ZUP Loyalti Indonesia (ZU).

Under this agreement, MLPT has been appointed to represent several entities and partners within Lippo Group who have collectively agreed to support this business development initiative by signing the strategic agreement. These entities include DLI, the official distributor of Starlink for both B2C and B2B segments; PT Lippo Malls Indonesia (LMI), as the owner and operator of shopping malls; LPKR, representing the group’s retail and property sectors; and ZU, a loyalty solutions provider and partner in this initiative.

This partnership covers a wide range of collaborative areas, including: the management and operation of information technology and connectivity at fuel stations owned or operated by Lippo Group; the deployment of digital connectivity networks to support the digitalization of fuel stations managed by Pertamina Retail and its affiliates; the management and operation of fuel stations within Lippo Properties; strategic collaboration as a technology partner providing technical support and implementation for all digitalization-related efforts at Pertamina Retail and its affiliates; and customer loyalty initiatives aimed at enhancing customer satisfaction and convenience. Both parties have also expressed openness to explore further potential collaborations in the future.

Zibali Hisbul Masih, President Director of PT Pertamina Retail, stated, "Currently, Pertamina Retail has implemented several digital programs in its fuel station operations since 2018. One such initiative is the use of barcodes to monitor and regulate subsidized diesel fuel transactions. We look forward to this collaboration with PT Multipolar Technology Tbk to further enhance the quality of services for our customers."

Wahyudi Chandra, President Director of MLPT, expressed,"We are excited to embark on this strategic collaboration. The synergy between Lippo Group and Pertamina Retail represents a progressive step in building a sustainable and value-driven business ecosystem. By delivering innovative services through technology, we are confident in our ability to enhance the customer experience and demonstrate our commitment to contributing to national economic growth."

Marlo Budiman, President Director of LPKR, added, "We believe this business development partnership will deliver optimal benefits to both Lippo Group and PT Pertamina Retail. The comprehensive scope of this collaboration will undoubtedly create added value for all parties involved."

Lippo Group and PT Pertamina Retail are optimistic that this business development collaboration will generate significant positive impacts for the public and unlock new opportunities for future business growth

About PT Multipolar Technology Tbk

PT Multipolar Technology Tbk (MLPT)– a subsidiary of PT Multipolar Tbk (MLPL)—has been a leading IT system integrator since 1975 and a trusted partner in planning, designing, and developing innovative digital technologies across the Banking and Financial Services, Commercial, Telecommunications, Public Sector, Healthcare, and Education industries.

Multipolar Technology possesses strong expertise and a proven track record in areas including, including Hybrid Integration Platforms & Services, Hybrid Infrastructure Platforms & Services, Application and Technology Platforms & Services, Business Solution Platforms & Services, Digital Insights, Customer Experience Platforms & Services, serta Security Platforms & Services, these are complemented by services from its subsidiaries PT Visionet Data Internasional (VDI) provides digital IT managed services; PT Digital Daya Venture (DDV) offers advanced analytics platforms and services; PT Teknologi Pamadya Analitika (TPA) delivers an integrated technology ecosystem designed to provide seamless experiences in the health and wellness sector; and PT Digital Daya Teknologi (DDT) develops digital banking solutions to empower conventional banks in their transformation into fully digital banks.

Since July 8, 2013, PT Multipolar Technology Tbk has been listed on the Indonesia Stock Exchange under the ticker symbol MLPT. The company is a trusted partner of leading global technology providers such as Cisco, Cloudera, Dell, F5, Google, HPE, Huawei, IBM, Lenovo, Microsoft, NCR, Nutanix, Oracle, Palo Alto, Red Hat, and VMware, and holds ISO certifications. For more information, please visit www.multipolar.com and follow us on social media: Twitter @MultipolarTech, Instagram @multipolartechnology, LinkedIn dan Facebook PT Multipolar Technology Tbk, YouTube Multipolar Technology, Spotify TechLign Podcast.

About PT Lippo Karawaci Tbk 

PT Lippo Karawaci Tbk (“Lippo Karawaci”) was established with the vision of making a meaningful impact on lives through the development of sustainable, self-contained cities designed with green environments and world-class physical and social infrastructure. For over a decade, the Company has proven itself as a highly trusted property developer with one of the most recognized brand names in the industry. It is the largest owner of diversified landbank and a pioneer in landmark developments across strategic locations throughout Indonesia.

Formed through the merger of eight property-related companies in 2004, Lippo Karawaci has expanded its business portfolio to include urban development, large-scale integrated developments, retail malls, healthcare services, hospitality and leisure, as well as fee-based income assets. Today, Lippo Karawaci stands as one of the largest publicly listed property companies in Indonesia, distinguished by its unique and integrated business model. The Company operates Indonesia’s leading private hospital group, meeting international standards, and is also recognized as a key player in the country’s retail property sector.

About PT Data Lake Indonesia 

PT Data Lake Indonesia (Data Lake Indonesia) is a subsidiary of Data Lake Inc., one of the world’s leading official partners of Starlink. Data Lake Indonesia provides comprehensive technology and connectivity solutions to empower businesses and deliver optimal user experiences. For more information, please visit the official website of PT Data Lake Indonesia at www.datalake.id.

About PT Lippo Malls Indonesia 

Lippo Malls Indonesia (LMI) is the largest and leading mall developer and operator in Indonesia, owning and managing 69 malls across 36 cities nationwide. As of today, LMI oversees more than 2.5 million square meters of gross area, hosting a total of over 6,000 diverse and high-quality tenants throughout its properties.LMI’s malls are strategically located across various regions including Greater Jakarta (Jabodetabek), Bandung, East Java, Central Java, Yogyakarta, North Sumatra, South Sumatra, Central Kalimantan, and Eastern Indonesia such as Makassar, Manado, Bali, and Kupang. For more information, please visit www.lippomalls.com.  

About PT ZUP Loyalti Indonesia 

ZUP Loyalti Indonesia is a customer loyalty service provider that offers the ZU loyalty platform, enabling customers to earn points and enjoy a wide range of exclusive offers from various partners.

Through a technology-driven approach, ecosystem development, and a strong focus on customer satisfaction, ZU aims to become the leading loyalty platform—not only delivering financial benefits, but also fostering strong emotional connections between brands, partners, consumers, and communities. For more information, please visit www.zup.id and follow us on Instagram at @enjoy.zu.