JAKARTA. PT Sejahteraraya Anugrajaya Tbk (SRAJ), the owner of Mayapada Hospital network, has granted additional capital of IDR 50 billion to one of its subsidiaries, PT Sejahtera Inti Sentosa (SIS).

Afie Farisandi, Corporate Secretary of SRAJ, said that the capital investment is equal to 2.6% of total equity of the company. For the record, total equity of the company was recorded at IDR 1.87 trillion as of June 30, 2024.

“The purpose of the transaction is to support SIS’s growth and strengthen SIS’s capital structure,” added Farisandi in the information disclosure in Indonesia Stock Exchange (IDX).

The additional capital was given along with a conversion of debt owed by SIS to SRAJ. Other shareholders of SIS, Jonathan Tahir and PT Mandiri Prima Perdana (MPP), do not participate in this extra capital distribution.

Therefore, after this extra capital, SRAJ’s stock portion in SIS rises to 6.3 million shares worth IDR 630.05 billion. In the meantime, Jonathan Tahir and PT Mandiri Prima Perdana (MPP) both have 50 shares each, worth IDR 5 billion. (KR/ZH)