Platinum Cineplex Arrives at Padma Piazza Semarang Expanding Reach, Bringing Quality Entertainment to the Heart of the City

Jakarta, August 9, 2025 – PT Tripar Multivision Plus Tbk (MVP), through its subsidiary Platinum Cineplex, is further expanding its cinema network by entering into a strategic collaboration with Padma Piazza Semarang. The signing of the memorandum of understanding (MoU) took place on August 9, 2025, between Hendro Setyadji, President Director of PT Graha Padma Internusa, and Amit Ramesh Jethani, Director of PT Platinum Sinema, at the Graha Padma complex in Semarang.

As part of the MVP Group, Platinum Cineplex at Padma Piazza will occupy an area of approximately 1,500 square meters and become one of the key entertainment anchor tenants at the city’s newest lifestyle hub. “We believe the presence of Platinum Cineplex will strengthen Padma Piazza’s appeal as an entertainment destination with an open-space concept that is family- and community-friendly,” said Hendro Setyadji.

Platinum Cineplex Semarang will be the brand’s first location in the city, offering a premium moviegoing experience with the latest screen and audio technologies, along with facilities designed for maximum comfort. “We hope this collaboration marks the beginning of a positive synergy that not only benefits both parties but also delivers a direct impact for the people of Semarang and its surrounding areas,” added Amit Ramesh Jethani.

This initiative aligns with Platinum Cineplex’s expansion strategy, which targets tier-2 and tier-3 cities to promote equal access to quality entertainment across Indonesia. “This partnership reflects our commitment to continuous innovation and delivering the best cinema experience. We believe the synergy between MVP and Padma Piazza will unlock great potential in this region,” Amit emphasized.

Since its IPO in mid-2023, MVP has consistently executed its long-term growth plan designed to strengthen its role in Indonesia’s creative economy sector.

As of mid-2025, Platinum Cineplex operates 17 cinema branches with 50 screens across Indonesia, including newly opened locations in 2025 at Eastvara BSD City and Millenia Hub Metland Cibitung. The arrival of these cinemas not only enhances local entertainment facilities but also contributes to regional economic growth and creates new job opportunities.

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