JAKARTA (Yosefardi) – PT Elang Mahkota Teknologi Tbk (EMTK) provided loan of US$140 million for its unit PT Elang Medika Corpora. Both had in December 16, 2013 signed the loan agreement.
Emtek had recently raised Rp291.33 billion from selling shares of PT Surya Citra Media Tbk (SCMA), then its ownership in SCMA declined to 73.9%.
EMTK targets to acquire 2 hospitals next year, after, in cooperation with PT Pakuwon Jati Tbk (PWON), acquiring Usada Insani hospital in Tangerang.
EMTK fund its subsidiary PT Elang Medika Corpora for acquiring PT Surya Citra Medika, opeator of Usada Insani hospital. PT Menjangan Sakti and PT Pakuwon Sentra Wisata (subsidiary of Pakuwon Jati) also have shares in Usada Insani hospital.