Alfamidi Plans 200 New Outlets With Rp1.5 Trillion Capex

PT Midi Utama Indonesia Tbk (Alfamidi) aims to expand its retail footprint by opening 200 new outlets this year, backed by a capital expenditure of up to Rp1.5 trillion. The company's corporate secretary, Suantopo Po, confirmed the capex target following the Annual General Meeting of Shareholders on Thursday, June 4, 2026.

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The capex required is around Rp 1.5 trillion.

As of the end of 2025, Alfamidi operated 2,587 outlets across Indonesia, including its main Alfamidi stores, Alfamidi Super, and Midi Fresh brands. These outlets are spread across Java, Kalimantan, Sumatera, Sulawesi, Maluku, and Papua.

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Considering our business concept is mainly located in urban areas and does not extend to rural areas, the restriction currently does not affect the company.

Regarding government restrictions on modern retail outlets in rural areas, Alfamidi's Corporate Legal & Compliance Director, Afid Hermeily, stated the company remains unaffected. "Considering our business concept is mainly located in urban areas and does not extend to rural areas, the restriction currently does not affect the company," Afid explained. He emphasized Alfamidi's commitment to adhering to all regulations set by central and local governments concerning modern retail businesses, acknowledging that provisions can differ by region.

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Since the provisions may differ in each region.

Alfamidi's management also voiced support for the government's Red and White Village Cooperative program. Afid noted that companies have diverse business models, segmentations, and target markets that can complement each other. When asked about potential collaborations with village-owned enterprises or cooperatives, Afid reiterated the company's fundamental respect for and support of government programs and policies, pledging compliance with all applicable regulations.

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The company fundamentally respects and supports government programs and policies and will comply with all applicable regulations.