Emtek Group Sells Stake of KlikDokter to Kalbe Farma

Healthtech company KlikDokter is now fully owned by Kalbe Farma after taking 23.81% shares from Emtek Group's subsidiary, PT Kreatif Media Karya (KMK). Since the beginning, Kalbe, through PT Karsa Lintas Buwana (KLB), has been the major shareholder of 76.19% in KlikDokter when Emtek entered in 2016.

According to the disclosure on IDX, the transaction was completed on September 30, 2021, worth of IDR 62.5 billion. PT Medika Komunika Teknologi (MKT) which is the owner of KlikDokter service approved the decision to sell all shares or a total of 1,000 series B shares owned by KMK, each of 999 series B shares to KLB and 1 share to PT Hexpharm Jaya Laboratories (HJ) .

After the exchange, the latest composition is KLB with 99.98% ownership as follows, a total of 1000 series A shares or the equivalent of 23.81%; a total of 3,199 series B shares or the equivalent of 76.71%; and HJ with 1 share of series B or the equivalent of 0.02%.

Kalbe Farma's Corporate Secretary, Lukito Kurniawan Gozali said that corporate actions were carried out to increase capital in the context of developing business in the future. "KMK has no affiliation and/or conflict of interest with the company [Kalbe Farma]," he wrote.

KlikDokter is one of the oldest healthtech companies as it has been operating since 2008. KlikDokter's initial product was a health information portal that focused on accuracy and updates from trusted sources. Moreover, develop features around health services - such as online consultations, medical devices, hospital directories, online drug recommendations, drug delivery, to online ordering, which is accessible through websites and applications.

Various healthtech startups

In terms of service, other healthtech players has offered similar solutions to KlikDokter. In Indonesia, KlikDokter competes with several players, such as Halodoc, Alodokter, SehatQ, GoodDoctor, and others. According to RevoU's findings, the most popular health application in Indonesia is Alodokter, based on website and social media data.

Alodokter's monthly website visitors reached 51.3 million, followed by Halodoc with 45.8 million and SehatQ with 18.4 million. Next, there is KlikDokter with 15.1 million visits and GoodDoctor with 656,500 visits.

Based on the number of followers on various social media platforms, Instagram for example, both Alodokter and Halodoc are the leaders compared to the other three. On Facebook and Twitter, KlikDokter is a health application with the number one followers in Indonesia with 4.1 million page likes and 69 thousand followers respectively.

Meanwhile, according to the findings of the Global Consumer Survey Statista, Indonesia is the third country with the largest users of telemedicine applications. During the pandemic, the demand for telemedical services is increasing as patients can easily connect with medical practitioners virtually. Therefore, this pandemic provides a great opportunity for telemedical services to grow bigger.

–Original article is in Indonesian, translated by Kristin Siagian