PT Pyridam Farma Tbk (PYFA), through its subsidiary, PT Pyfa Investama Medika, plans to acquire new shares of Fullerton Health Indonesia Group.

Thus, Pyfa Investama Medika will have a minority shareholding in Fullerton Health.

Fullerton Health Indonesia Group is an integrated health company in Indonesia, which offers health services or services to its clients. Its services range from medical check-ups, occupational health, third party administration, and care services, medical assistance and medical evacuation, as well as other health services.

Meanwhile, Fullerton Health's business entities that have these services are PT E-Tirta Medical Center, PT Fullerton Health Indonesia, PT Global Assistance and Healthcare, and PT Global Assistance Media.

"This step is realized by signing a share subscription agreement (SSA) on April 21 with each company, namely E-Tirta Medical Center, Fullerton Health Indonesia, Global Assistance and Healthcare