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Tuesday, January 03, 2017       09:53 WIB
Premier Insight: SILO has acquired two hospitals in Bekasi and Nusa Tenggara Barat.

Siloam International (SILO) (SILO IJ; Rp10,900; Buy) has acquired two hospitals in Bekasi and Nusa Tenggara Barat. Total acquisition value is estimated to reach Rp182bn and funded by previous right issue. With these two new hospitals, SILO has operated 27 hospitals currently. Company still plans to do more acquisition plan in future. (Kontan)

Comment: the acquisition has been anticipated during right issue, thus we expect neutral impact from the news. Moving forward, we remain conservative in SILO’s expansion plan by estimating around four hospitals opening each year. Maintain Buy. 

 

 

Sumber : IPS RESEARCH


 





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