DivestmentJun 3, 2026, 07:31 AM
Telkom Indonesia Divests 100% Stake in AdMedika Group
AI Summary
PT Telekomunikasi Indonesia Tbk (Telkom) announced that its direct subsidiary, PT Multimedia Nusantara (TelkomMetra), along with PT Metra Digital Investama Ventura (MDI), divested their entire 100% equity stake in PT Administrasi Medika (AdMedika) on June 2, 2026. This corporate action, involving 452,330 shares, was executed through a Share Purchase Arrangement with Global Assistance & Healthcare Singapore Pte, Ltd. (Fullerton). The divestment is part of Telkom's portfolio restructuring to strengthen business fundamentals, unlock value, and align with strategic aspirations, and is expected to generate returns for the Telkom Group without materially impacting its operations or financial condition.
Key Highlights
- TelkomMetra and MDI divested their entire 100% equity stake in AdMedika Group.
- 452,330 shares, representing 100% of AdMedika Group's capital, were divested.
- TelkomMetra held 99.99% (452,329 shares) and MDI held 0.01% (1 share) of AdMedika Group.
- Global Assistance & Healthcare Singapore Pte, Ltd. (Fullerton) was the selected purchaser.
- The divestment was executed on June 2, 2026, via a Share Purchase Arrangement.
- The corporate action is expected to generate returns for Telkom Group on a consolidated basis.
- The divestment has no material impact on Telkom's operations, legal standing, financial condition, or business continuity.