Bank Bumi Arta Tbk vs MNC Energy Investments Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.55T, 30.9K 24h volume), while MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume). The key difference: Bank Bumi Arta Tbk is the larger of the two by market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 30.9K). Which is the better fit depends on your goals.
| BNBA | IATA | |
|---|---|---|
Market Cap | 2.55T | 1.88T |
Volume | 30.9K | 99.06M |
Lot | 309 | 990.58K |
Turnover | 23.06M | 5.84B |
Average Price | 746.13 | 58.91 |
Value | 23.06M | 5.84B |
Indicative Equilibrium Price | — | 59 |
Indicative Equilibrium Volume | — | 7.25K |
Trailing returns across standard periods
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 MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
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