Rp719 Billion, Funds Disbursed By Omni Hospitals Owned By Conglomerate Eddy Kusnadi Sariaatmadja To Acquire The Manager Of Grha Kedoya Hospital

Grha Kedoya Hospital. (Photo: Doc. Grha Hospitals)

JAKARTA - A hospital company from the Emtek Group owned by conglomerate Eddy Kusnadi Sariaatmadja which is the manager of Omni Hospitals, PT Sarana Meditama Metropolitan Tbk (SAME) acquired 45 percent of PT Kedoya Adyaraya Tbk (RSGK) shares for Rp.719.56 billion.

SAME management said it had completed the purchase of 418,351,500 (418.35 million) shares owned by PT Medikatama Sejahtera and PT Bestama Medikacenter Investama, with a total percentage of 45 percent of all issued and fully paid shares in PT Kedoya Adyaraya Tbk (RSGK).

"The purchase price is IDR 1,720 per share, bringing the total share purchase price to IDR 719.56 billion," explained the management of OMNI Hospitals in an information disclosure on the Indonesia Stock Exchange (IDX) website, quoted Thursday, November 11.

Prior to the acquisition, SAME, which is part of the Emtek Group, owned 171.85 million shares of RSGK, equivalent to 18.49 percent. With the completion of the acquisition, SAME owns 590.2 million shares representing 63.48 percent of all issued and fully paid shares in RSGK.

SAME has no affiliation with RSGK as stipulated in the Financial Services Authority Regulation No. 42/POJK.04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions This acquisition is carried out in the context of implementing SAME's strategies and efforts, especially in the face of rapid growth in the health service sector by building and managing hospitals.

"SAME management views that this Acquisition can help realize SAME's goal of creating a more integrated healthcare company and expanding SAME's market share, as well as creating stronger synergies and being able to compete with other hospital group companies and support SAME's long-term growth," SAME management said.

As of October 2021, the composition of SAME's shareholders is PT Elang Mahkota Teknologi Tbk. (EMTK) is 75.14 percent, and the public is 24.86 percent.