MRA was pre-dated by the establishment of Hard Rock Cafe Jakarta, which Adiguna and Soetikno had launched with an investment of 8 billion rupiah in 1992.

The idea for Hard Rock Cafe Jakarta came from a conversation between Adiguna, Soetikno and Meuthia Kasim.

They embody the character of an excellent young management team: a sense of intelligent restlessness, they are on the move and look forward to new products, new concepts and fresh horizons.

[4][5] In January 2017, Adiguna's son, Maulana Indraguna Sutowo, was appointed chief executive officer to replace Soetikno, who had been named a corruption suspect.

[10] MRA Group had a magazine distribution unit within the circulation department of PT Higina Alhadin, the publisher of Cosmopolitan Indonesia.

In 2003, the circulation department became a limited corporation called PT Citra Distribusi Mandiri (CDM), which distributed publications owned by MRA and other publishers.