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Leading Indonesian law firm Hiswara Bunjamin & Tandjung (HBT) has advised Indonesian hospital group PT Omni Healthcare on the sale of its controlling stake in hospital operator PT Sarana Meditama Metropolitan Tbk to PT Elang Mahkota Teknologi Tbk (EMTEK).
Emtek is one of Indonesia’s largest media and tech solutions companies, which has added healthcare operations to its portfolio of businesses in recent years.
“This is the second hospital sector investment on which we’ve advised this year,” said HBT partner Tjahjadi Bunjamin, who led the team advising Omni Healthcare. “Domestic and international investors are actively seeking deals across Southeast Asia in every part of the healthcare sector, from pharma to facilities.”
“Since the pandemic began, the importance of telemedicine and telehealth connectivity has become more evident, and we expect further investments at the intersection of healthcare and technology.”
Tjahjadi led the transaction, assisted by senior associate Stephanie and associates Ivina Suwana, Hanny and Yurico Mandali.