- ASII acquired Heartology Cardiovascular Hospital worth IDR 645B
Astra International (ASII) through its subsidiary Astra Sehat Nusantara announced
that it had acquired Heartology Cardiovascular Hospital for IDR 645B. Heartology
Cardiovascular Hospital (Heartology) is one of the largest private heart service
centers in Indonesia that is located in Jakarta. Heartology has treated more than
1,500 heart cases, including 1,000 interventions and 400 cases of cardiac
arrhythmias. In its official statement, ASII explained that Indonesia’s large
population and continuously growing economy have driven demand for better and
better quality health services. ASII entered the health services sector in 2021
through investment in the Halodoc health services platform, and then Hermina
Hospital in 2022. After completing the acquisition of Heartology Cardiovascular
Hospital with an investment value of IDR 645B, Astra’s total investment in the
health services sector has reached USD 275M, or the equivalent of IDR 4.2T. Apart
from that, Astra through Astra Otoparts has produced 24 types of medical devices
using the ‘GRIN’ brand. (Bisnis Indonesia) - JPFA will distribute IDR 813.93B interim dividend
Japfa Comfeed Indonesia (JPFA) will distribute interim cash dividends of IDR 70 per
share, amounting to IDR 813.93B. Thus, JPFA’s interim dividend distribution ratio
equals approximately 55% of the IDR 1.47T net profit 1H24. The interim cum
dividend date is on 21 Oct 24, while the payment date is on 29 Oct 24. (Bisnis
Indonesia) - MDKA is working on a new copper mine in East Java
Merdeka Copper Gold (MDKA), through its subsidiary Bumi Suksesindo (BSI), has
the Tujuh Bukit copper project in Banyuwangi, East Java, which is currently still in
the bankable feasibility study phase. Since 2018, MDKA has invested more than
USD 200M in detailed feasibility studies, including 1,890M of exploration, drilling
to define resources, geological modeling, technical studies, and pre-feasibility
studies (PFS), which was completed on May 23. According to the company, if the
Tujuh Bukit Copper Project operates, it will become the 3rd largest copper mine in
Indonesia and has the potential to increase Indonesia’s copper production by 10-
15% and currently contains 8.2M tons of copper and 27.9M ounces of gold.
(Kontan)