Bank Bumi Arta Tbk vs Megapower Makmur Tbk. — how do they compare? Bank Bumi Arta Tbk trades at Rp745 (market cap 2.5T), while Megapower Makmur Tbk. trades at Rp95 (market cap 77.61B). The key difference: Bank Bumi Arta Tbk is far larger — about 32.2× Megapower Makmur Tbk.'s market cap. Which is the better fit depends on your goals.
| BNBA | MPOW | |
|---|---|---|
Market Cap | 2.5T | 77.61B |
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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 Megapower Makmur Tbk (the Company) was established based on notarial deed No. 05 dated August 1, 2007 and amended with deed No. 160 dated September 19, 2007, both made in front of Ms. Rose Takarina, S.H., notary in Jakarta. In 2010, Megapower Makmur had acquired by Bina Puri Holdings Bhd and start investing through Power plant in one of the Indonesia shortage of electricity area. In 2012, Megapower Makmur totally has become an Indonesia IPP (Independent Power Producer) Company. Megapower Makmur currently is a subsidiary of Bina Puri Holdings Bhd, a public company listed on the main board of Bursa Malaysia Berhad, with 40 years of work experience in the field of civil construction and the building of both local and international.
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