Pacific Healthcare Holdings says unit Pacific Healthcare (Indonesia) has entered into a joint venture agreement with PT Plaza Medical Nusantara to set up PT Pacific Healthcare Services Indonesia to operate and manage an integrated medical specialist and dentistry centre (including laboratory, pharmacy, and diagnostic, imaging and day surgery facilities) in downtown Jakarta to be known as Pacific Healthcare @ The Plaza.
PT Plaza Medical Nusantara is a unit of PT Plaza Indonesia Realty Tbk, one of Indonesia’s leading prime property developers engaged in prime property development and management. PT Plaza Indonesia is listed on the Indonesia Stock Exchange and owns the Grand Hyatt Jakarta as well as the prominent Plaza Indonesia Complex in Jakarta’s central business district.
Pacific Healthcare (Indonesia) and PT Plaza Medical Nusantara will hold 51% and 49% of PT Pacific Healthcare respectively.