Indonesia is a considerable market for the pharmaceutical industry.

This is related to driving factors, such as

a large number of populations, the increasing awareness of the people toward health, the increasing income
of the people, and the increasing access to medical service in line with the implementation of BPJS
Kesehatan (government health insurance) program from Badan Penyelenggara Jaminan Sosial (BPJS).

The Indonesian pharmaceutical market is projected to reach IDR 102.8 trillion in 2020. This figure has almost
doubled compared to 2016's position of IDR 69.1 trillion. We also learned that now from a total of 2,368
hospitals in Indonesia, there are 862 government public hospitals, 733 nonprofit private hospitals, 707 private
hospitals, and 66 state-owned hospitals.

As the number of medical facilities and also BPJS program participants in Indonesia is increasing, definitely
it will lead to the increasing needs of pharmaceutical products. For this reason, we believe that the Company's
business is still quite prospective.

Meanwhile, specifically for dental equipment, opportunities for the development of the dentistry industry in
Indonesia are considered very large. This can be seen from a large number of people in this country who are
in the fourth position in the world, including the number of dentists who reach more than 31,664 people.

Based on data sources from the Indonesian Dental Association, it is noted that the growth of the dentistry
industry is estimated at 20% every year. This figure is obtained when viewed from the Indonesian health
market as a whole. So, we believe that the demand for dental equipment is still increased.

On the other hand, Bank Indonesia predicts that the Indonesian economy will grow by 5.1% in the third
quarter of 2019. Like the previous quarters, household consumption is still the main supporting factor of
economic growth. Based on the data from Statistics Indonesia, the economic growth in the second quarter
of 2019, only grew at the level of 5.05%, lower than the realization of economic growth in the first quarter of
2019 of 5.07% (YoY).

The World Bank predicts that world economic growth this year will only be 2.6%. Lower than the previous
projection of 2.9% of the World Bank in the Global Economic Risks and Implications for Indonesia report. The
World Bank also predicts that the Indonesian economy in 2020 will grow below 5% due to the impact of the
global economic slowdown.

With the various presentations above, with the slowing down of the Indonesian economy this year to 2020
needs to be put into consideration for all businessmen.

Kesimpulan

In terms of business prospects, the growth of the dentistry industry is estimated at 20% every year. This
figure is obtained when viewed from the Indonesian health market as a whole. So, we believe that the demand
for dental equipment is still increased.