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🇮🇩 Indonesia /Health & Science

TelkomMetra Divests Full Stake in AdMedika to Fullerton Health

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • PT Multimedia Nusantara (TelkomMetra) has divested its entire stake in PT Administrasi Medika (AdMedika) to Fullerton Health.
  • This strategic move aligns with state-owned enterprise (BUMN) transformation goals, aiming for a more focused and globally competitive business portfolio.
  • The divestment is expected to optimize TelkomMetra's portfolio and position AdMedika for future growth, including regional expansion under Fullerton Health's ownership.

PT Multimedia Nusantara (TelkomMetra), an operating company under PT Telkom Indonesia (Persero) Tbk (Telkom), has officially completed the sale of its entire stake in PT Administrasi Medika (AdMedika) and its subsidiary TelkoMedika to the Fullerton Health group. The Sale and Purchase Agreement (SPA) was signed on Tuesday, June 2, 2026.

This strategic step is in line with the BUMN transformation agenda and portfolio restructuring being driven by Danantara to build a more focused, healthy, and globally competitive company.

— Setyanto Hantoro, Managing Director Business-2 PT Danantara Asset ManagementHantoro explains the strategic alignment of the divestment with state-owned enterprise goals.

This divestment marks a significant step in TelkomMetra's strategy to optimize its business portfolio. It is in line with the broader agenda of state-owned enterprise (BUMN) transformation, which aims to create more focused, healthy, and globally competitive companies. The move is intended to streamline TelkomGroup's business structure, making it more agile and competitive on a global scale, particularly by concentrating on core telecommunications and digital businesses.

Through targeted portfolio restructuring and collaboration with global partners like Fullerton Health, we believe this synergy will strengthen Indonesia's digital ecosystem capabilities, especially in the healthcare sector, and create sustainable long-term value for all stakeholders.

— Setyanto HantoroHantoro highlights the expected benefits of the partnership.

TelkomMetra views this transaction as a strategic opportunity to enhance AdMedika's long-term value. Under Fullerton Health's ownership, AdMedika is expected to strengthen its capabilities, expand its business scale, and access a broader regional healthcare ecosystem. Telkom Indonesia's Director-General, Dian Siswarini, stated that TelkomGroup is committed to disciplined portfolio management to build a more agile and efficient company focused on value creation. She emphasized that strategic partnerships like this are crucial for optimizing the business structure and fostering aggressive growth and innovation.

TelkomGroup continues to implement its business portfolio restructuring strategy with discipline to build a more agile, efficient, and value-creation-oriented company.

— Dian Siswarini, Director-General of TelkomSiswarini emphasizes Telkom's commitment to strategic portfolio management.
DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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