Jakarta, August 14, 2020
PT Mitra Keluarga Karyasehat Tbk (ticker code: MIKA) share has been added to the LQ45 Index for period August 2020 until January 2021 as announced by the Indonesia Stock Exchange (IDX) on July 24, 2020.
The LQ45 Index is one of the most prestigious indexes in Indonesia, which comprised of 45 stocks that have high liquidity and large market capitalization. In determining these constituent members, IDX conducted 4 reviews every year. Each of the two major and minor reviews. Major's review is conducted every January and July to be effective in February and August. The major review aims to evaluate the constituents of the index and the weights used for calculating the index. Meanwhile, minor reviews in May and November were conducted to evaluate index weights.
With the inclusion of PT Mitra Keluarga Karyasehat Tbk in the LQ45 Index, investors can use this as a reference in evaluating stock price movements based on these criteria.
Mitra Keluarga Karyasehat Tbk at a glance
The Company built its first hospital back in 1989 and currently owns and operates 25 hospitals, sixteen of which are located in the Greater Jakarta area, five in West Java, three in Surabaya (East Java), and one in Tegal (Central Java) Normally, the hospitals are equipped with emergency rooms, outpatient clinics, inpatient wards, operating rooms, intensive care units and a pharmacy, as well as laboratory and radiology facilities. The hospitals also offer specialized services such as obstetrics, pediatrics, internal medicine, angioplasty, orthopedic surgery and neurosurgery, amongst others.
From its humble beginnings, The Company has transformed into one of Indonesia’s biggest private hospital operators by an intake of 2.8 million patients in 2019 and in terms of hospital bed capacity with 2,876 operational beds as of December 31, 2019.
The Company employed more than 7,794 medical professionals including doctors, laboratory staffs, nurses and therapists with around 1,251 specialists practicing in all of its hospitals by 2019.
The Company successfully listed its shares in the Indonesia Stock Exchange on March 24, 2015. With 18.0% free-float, the Company has a market capitalization of IDR 38 trillion as of December 31, 2019. (IDX:MIKA).