Bank Bumi Arta Tbk vs Newport Marine Services Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.5T), while Newport Marine Services Tbk. trades at Rp111 (market cap 388.69B). The key difference: Bank Bumi Arta Tbk is far larger — about 6.4× Newport Marine Services Tbk.'s market cap. Which is the better fit depends on your goals.
| BNBA | BOAT | |
|---|---|---|
Market Cap | 2.5T | 388.69B |
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Latest headlines on both assets
PT Bank Bumi Arta (the company) was established under its original name of PT Bank Bumi Arta Indonesia on Mar 3, 1967 then changed to PT Bank Bumi Arta based on Notaries Deed dated Jul 19, 1989 and the deed of establishment was approved by the the Ministry of Justice dated Sept 14, 1992. The Company was merged with PT Bank Duta Nusantara (d/h PT Bank Pegawai) to improve operational banking network and to increase capital structure.The Company’s articles of association has been amended several times, most recently by notarial deed No. 8 of Fathiah Helmi, S.H., dated Mar 9, 2006, concerning company public offering.
Read more on BNBA →PT Newport Marine Services (the Company) was established based on notarial Deed No. 57 dated July 25, 2008 of Sitaresmi Puspadewi Subianto, S.H., notary in Surabaya. The Company has started its commercial operation in 2009. The Company does not have parent entity. The ultimate shareholder of the Company is owned by an individual namely Dharmawati Djuhana, Sujaya Soekarno Putra and Surya Soekrno Putra.
Read more on BOAT →