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A Strategic divestment steps to strengthen the fundamentals of TelkomGroup as the main holding and focus on the core business of digital and telecommunications JAKARTA, Indonesia, March 9, 2026 /PRNewswire/ -- PT Multimedia Nusantara (TelkomMetra), as one of the subsidiaries of PT Telkom Indonesia (Persero) Tbk (Telkom) (together, the TelkomGroup) has officially signed a Conditional Share Purchase Agreement (CSPA) marking a critical and strategic step toward the full divestment of PT Administrasi Medika (AdMedika), including its subsidiary TelkoMedika (together, the AdMedika Group), to the Fullerton Health group of companies (Fullerton Health). This move is aligned with the state-owned enterprise (SOE) streamlining agenda mandated by Danantara to TelkomGroup, which has become one of the focus areas of the TLKM 30 transformation program. As part of the implementation of TelkomGroup's transformation strategy, this portfolio restructuring and streamlining effort aims to strengthen focus on Telkom Group's core business in the telecommunications and digital sectors, while opening new business opportunities for AdMedika Group to expand nationally and into the regional market. AdMedika Group has entered a new growth phase following the signing of a Conditional Share Purchase Agreement (CSPA) between TelkomMetra and Fullerton Health. AdMedika Group, a company that provides technology-based health administration services (third party administrator/TPA), has established a strong track record in providing claims management solutions and healthcare services to corporations and institutions in Indonesia. Amid increasingly competitive dynamics in the healthcare and insurance industries, AdMedika Group's sustainability and accelerated development are considered to be better supported by a strategic shareholder whose business is aligned with AdMedika Group's operations. President Director of TelkomMetra, Pramasaleh Haryo Utomo, stated, "The signing of the CSPA with Fullerton Health, which marks a step toward the full divestment of AdMedika Group, is a carefully measured decision made by upholding the principles of Good Corporate Governance, based on comprehensive business considerations, and aligned with TelkomGroup's transformation to strengthen its focus on the core business and to create long-term value." The CSPA between TelkomMetra as seller and Fullerton Health as buyer was signed on 4 March 2026. "This acquisition reflects Fullerton Health's commitment to strengthening our presence and contribution to Indonesia's healthcare landscape. AdMedika Group has been thoughtfully developed within the TelkomGroup into a trusted and highly comprehensive healthcare administration platform, built on strong governance, digital innovation and clinical discipline. These qualities closely align with our own capabilities and values. We see this acquisition as an important step toward expanding access to high quality healthcare for the people of Indonesia and across the region," said Ho Kuen Loon, Group of CEO Fullerton Health. "This creates an opportunity to enhance service delivery and better meet the evolving needs of patients, clients and partners across the country." Fullerton Health, which shall be the new owner of AdMedika Group upon completion of the acquisition pursuant to the CSPA, brings deep regional experience and proven operational capabilities across Asia's healthcare and benefits landscape. The combined strengths of both organisations create a broader platform for growth, pairing the AdMedika Group's strong local foundation with Fullerton Health's regional expertise in managed care, healthcare provider networks and digital health. This positions the expanded platform to scale more effectively, advance innovation, and reinforce AdMedika's leadership in TPA solutions in Indonesia, while opening pathways for future expansion across the wider region. About AdMedika Group AdMedika Group, acquired by TelkomGroup through TelkomMetra in 2010, is a third party administrator (TPA) company with the largest network in Indonesia, providing claims management solutions, provider network management, and integrated digital health services for corporations, insurance companies, and institutions. As part of the national healthcare ecosystem, AdMedika combines technological excellence with proven operational capabilities to deliver fast, accurate, and transparent services to customers. For more information, visit https://www.admedika.co.id/. About Fullerton Health Established in 2010, Fullerton Health is a leading integrated healthcare solutions provider in Asia Pacific. Operating across nine markets, the Group runs approximately 550 healthcare facilities and partners with more than 20,000 providers, delivering end-to-end services spanning managed care, primary care, diagnostics, speciality services and ancillary solutions. Supported by a workforce of almost 8,000 employees, Fullerton Health serves over 26,000 corporate clients and facilitates beyond 14 million healthcare transactions annually, impacting more than 4 million lives across the region. Combining clinical excellence, corporate healthcare expertise and digital innovation, Fullerton Health is committed to delivering seamless, accessible and trusted healthcare for all. For more information, visit https://www.fullertonhealth.com/. AdMedika customer service officers provide technology-based healthcare administration support, delivering fast and reliable claims management solutions to corporate and institutional clients across Indonesia. An AdMedika medical professional supports the operations team to ensure accurate and high-quality healthcare administration services
HONG KONG, Jan. 23, 2026 /PRNewswire/ -- Annum Capital, a leading financial services group in Hong Kong, today announced a strategic partnership with Turoid, a next-generation technology provider, to bring AI to multi-family offices and asset managers in Asia. Annum Capital and Turoid - Unlocking AI for Asia Family Offices Under this partnership, Turoid is working with Annum Capital to re-imagine the operating architecture across EAM, fund management, private equity, private credit, hedge funds, index investing, structured products, and strategy consulting, blending AI into governance, advisory, revenue capture, operations, market analytics and risk management. In Phase 1 of the partnership, Turoid has delivered a suite of functionalities ("Wealth Pilot") for Annum Capital: AI-empowered client onboarding and trade cycle, with enhanced due diligence, analytics, and risk management AI-assisted asset allocation and portfolio diagnostics, embedding market conditions, compliance requirements, and client-specific constraints dynamically AI-driven private market due diligence, synthesizing information from a wide range of sources, strengthening transparency and insights to support vetting, corroboration, and decision-making Performance management across front-middle-back offices with anticipatory AI to increase efficiencies in capacity management, resource deployment, and cost controls. In Phase 2, Turoid will work with Annum Capital to: Build a price discovery platform for structured products, to internalize the relationships with global issuers and enhance economics Build a custom-indexing engine that connects with leading issuers of AMCs as a cost-light option to scale up Annum's in-house investment strategies Automate the setup and administration of Hong Kong Limited Partnership Fund, to help accelerate the adoption of Hong Kong's local private fund format by family offices and investment managers in Asia Establish a marketplace for secondary transactions among Asia institutional investors and family offices, replacing the opacity and cost of a highly brokered, conversation-based model with an AI-driven discovery, matching, and execution approach. "Annum Capital is very excited to see the results of Phase 1 implementation, which upgraded our operating platform and injected AI into the deliberations and decisions of our investment teams and relationship managers. Our family office clients and fund investors highly appreciate how AI inspires, informs, assists and validates our ideas, portfolios, reporting and risk judgements." said Aaron Sung, Head of Asset Management, Annum Capital. "Turoid is a very special technology provider, not defined by budgets, timeline, testing and signoffs. Turoid harnesses AI to learn about clients' processes and build solutions that almost melt into our business right away, enlightening and improving processes without a fuss. It's been a real pleasure working with the incredible team of Turoid." added Alvis Sze, CTO, Annum Capital. "AI is already a transformative agent for global financial services - and even more so for Hong Kong," said Nick Wong, CEO of Turoid. "Hong Kong is one of the world's leading wealth management centers, serving capital and clients across Asia and beyond. We believe it should also produce homegrown fintech leaders that serve international players at global standards. Turoid is building that platform: helping Annum Capital and other forward-thinking firms focus on clients and value creation, while giving independent players the process rigor and technology versatility typically found at much larger institutions. We're privileged to partner with Annum Capital on this journey." Annum Capital and Turoid plan to roll out "Wealth Pilot" and related services to more Asia family offices and institutional investors in 2026 and 2027, connecting innovations of the AI world with Asia's smartest money. About Annum Capital Annum Capital is a Hong Kong-based financial services group with market leadership in external asset management (EAM), fund management, index investing, fiduciary services, and corporate advisory. Annum Capital is 100% owned by its employees and permanently aligned with clients. Annum Capital was voted "Best Alternative Investment Manager in Greater China 2025" and "Best EAM in Hong Kong 2025" by WealthBriefingAsia and "Best Provider of Family Office Services 2024" by Hong Kong Limited Partnership Fund Association. www.annum.com.hk About Turoid Turoid is a Hong Kong–based fintech and AI technology company focused on bringing cutting-edge AI into wealth management. Turoid works with family offices and asset managers to apply advanced AI to the real problems behind capital stewardship — improving decision-making, strengthening risk discipline, and enabling teams to manage capital with greater clarity and speed. Turoid's mission is simple: take the latest AI capabilities and turn them into practical advantage for clients operating in fast-moving global markets. https://www.turoid.ai/
PARIS, Jan. 20, 2026 /PRNewswire/ -- HR Path, a global leader in HR consulting, digital transformation, and payroll outsourcing, is pleased to announce the merger of its operations with Enforce, a Dallas based HRIS specialist recognized for its strong expertise in Dayforce. With a presence in 28 countries and a team of over 2,500 professionals, HR Path is a trusted partner for businesses navigating the complexities of Human Resources. Specializing in advisory, implementation, and operational services, HR Path delivers cutting-edge solutions designed to enhance efficiency and foster growth. Since its founding in 2001, the company has remained steadfast in its mission to transform HR practices globally. Enforce, headquartered in Dallas, Texas, employs a team of 38 Dayforce subject matter experts and supports a large portfolio of clients, primarily in North America. The company is vertically integrated across all Dayforce functional domains and offers a comprehensive suite of Dayforce services, including Implementation, Optimization, Post Go-Live Support, and Outsourced Admin Services. Since its founding more than 10 years ago, Enforce has earned a strong reputation for successfully guiding organizations through Dayforce transformations. This merger marks a new and strategic step in HR Path's growth in North America and significantly strengthens its service capabilities around Dayforce, formerly known as Ceridian. HR Path already operates a growing Dayforce practice in the UK & Ireland, and through its acquisition of ClearCourse, has expanded its expertise in the Dayforce ecosystem. With this merger, HR Path will now also offer payroll outsourcing services in the U.S. not only on SAP technologies but now also on Dayforce. "The merger with Enforce reinforces our commitment to developing a worldclass Dayforce practice," said François Boulet, Co-CEO of HR Path. "Enforce's recognized expertise in the U.S. market, combined with HR Path's global footprint and payroll outsourcing capabilities, will allow us to better support Dayforce customers across the full HR value chain—from advisory to implementation to managed services." "Joining HR Path represents an honor and an exceptional opportunity for our team and our clients," said Michael McKay, CEO and Co-Founder of Enforce and newly appointed HR Path Partner. "By combining Enforce's exclusive focus and expertise on the Dayforce platform with HR Path's scale and global presence, we will accelerate our growth and deliver even greater value to organizations adopting Dayforce worldwide." PDF: https://mma.prnewswire.com/media/2863619/HR_Path_Enforce_EN.pdf Contact: Fabienne Latourfabienne.latour@hr-path.com
SYDNEY, Jan. 12, 2026 /PRNewswire/ -- Apex AI, the AI-automation capability firm from Roar Global, has expanded its delivery network in Australia to help high-growth founders and operators access certified automation capability faster, and at a level of quality and reliability that traditional hiring channels cannot match. Founder and CEO of Roar Global, Mustafa Kassim with the Apex AI core team members With AI and workflow automation now critical to productivity, Australian companies are facing a shortage of specialists who can design, build, and maintain the systems that drive scale. Apex AI addresses this gap by sourcing top automation engineers from Asian hubs such as the Philippines, Malaysia, and Sri Lanka, upskilling them to meet global standards, and integrating them directly into founder-led, high-growth teams as embedded automation capacity. "The hiring bottleneck is real," said Mustafa Kassim, Founder & CEO of Roar Global. "Top operators don't have six months to build automation capability internally. Apex AI gives them engineers who can be deployed in weeks and deliver outcomes at the speed their businesses demand." Unlike traditional outsourcing models, Apex AI specialists work as full-time, embedded team members aligned to product goals and delivery velocity. They bring hands-on capability across leading automation and AI tools such as Make, Zapier, HubSpot, and emerging LLM-driven automation stacks, enabling Australian companies to scale operations without scaling headcount costs at the same rate. "Founders need speed, certainty, and accountability," said Amrit Rupa, Director, Business Development at Apex AI. "Our engineers are vetted for capability, trained for impact, and supported continuously to ensure consistent delivery, adaptability, and reliability over time" Australia has become a key focus market for Apex AI as the country enters a new productivity race driven by artificial intelligence. The company believes that better access to automation capability can unlock scale for founders and builders, reduce operational drag, and accelerate revenue growth. Apex AI's delivery network already supports startups across SaaS, e-commerce, and digital services, enabling rapid execution across data operations, customer lifecycle automation, sales productivity, and AI-native workflow design. About Apex AI Apex AI, a venture by Roar Global, is an AI-automation capability firm that enables fast-growing companies to deploy certified automation engineers into their core teams. By combining rigorous capability development with frictionless deployment, Apex AI helps founders scale faster, reduce execution risk, and build operational leverage in the AI age.
HONG KONG, Dec. 1, 2025 /PRNewswire/ -- Links International, An Ascentium Company ("Links International"), has once again been recognised as a 'Star Performer' in Everest Group's MCP PEAK Matrix® Assessment 2025. This achievement reinforces our sustained growth and continued excellence in delivering payroll solutions across Asia and the Middle East. The Everest Group assessment is an independent, comprehensive review of 28 MCP providers. It evaluates market impact, vision and strategy, technology capability, service delivery, innovation and investments. "Links International's positioning as a Major Contender and Star Performer on the Everest Group APAC MCP PEAK Matrix® Assessment 2025 underscores its strong momentum and sharp regional focus," says Priyanka Mitra, Vice President, Everest Group. "Its in-country delivery model across APAC, deep localization capabilities, and agile, mid-market-oriented approach continue to differentiate it in a crowded landscape. With the backing of Ascentium Group, a growing integration ecosystem, and adoption of AI-based payroll initiatives, Links is expanding its reach and enhancing the client experience, cementing its position as a fast-scaling payroll provider in APAC." In the report conducted by Everest Group, Links International stood out for several key strengths: 100% in-country payroll service delivery across 30 locations in APAC and the Middle East, leveraging local expertise to ensure compliance, high-touch support and service reliability Expanded capabilities since joining Ascentium Group, adding complementary corporate services, offering clients integrated end-to-end HR and financial solutions Accelerated market expansion efforts and payroll technology enhancements Highly integrative microservices-based technology platform, emphasising mobile-first design, user-friendly interfaces and seamless integrations Continuous improvements to the Links One platform to introduce and enhance functionalities Strong client appreciation for expertise in regional compliance Scott Thomson Managing Director of Links International, said "We could not be prouder of our team. Being the only regional payroll provider to be awarded 'Star Performer' is testament to their dedication and ability to consistently deliver scalable and future-ready payroll solutions across APAC and the Middle East." About Links International, an Ascentium Company As Asia and the Middle East's leading HR service provider, Links International continues to deliver award-winning payroll outsourcing, EOR and HR tech solutions. Now part of Ascentium, we've broadened our capabilities to include tax, accounting and corporate services - offering businesses a true one-stop partner for growth. With strengthened resources and increased investment in HR technology, our 2,500+ professionals across 30+ locations in APAC and the Middle East provide in-country expertise, delivering market-ready insights, best practices and practical solutions to leading businesses worldwide. For more information, visit: linksinternational.com About Ascentium Ascentium is a leading global business services platform dedicated to helping businesses and individuals scale greater heights. Headquartered in Singapore, we drive extraordinary growth through expert people, purpose-led technology, and an unwavering commitment to service excellence. With over 2,500 professionals across 45 cities in 23 markets globally, we deliver integrated solutions in corporate services, finance and accounting, fund administration, human resources, and fiduciary and trust services. Serving more than 60,000 client entities across diverse industries, Ascentium combines specialised expertise with innovative, technology-enabled solutions to help clients navigate complexity and unlock new opportunities for sustainable growth. For more information, visit: ascentium.com DisclaimerLicensed extracts taken from Everest Group's PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.
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