Bayan Resources Tbk. vs Eratex Djaja Tbk. — how do they compare? Bayan Resources Tbk. trades at Rp11,500 (market cap 383.33T), while Eratex Djaja Tbk. trades at Rp147 (market cap 189.12B). The key difference: Bayan Resources Tbk. is far larger — about 2026.9× Eratex Djaja Tbk.'s market cap. Which is the better fit depends on your goals.
| BYAN | ERTX | |
|---|---|---|
Market Cap | 383.33T | 189.12B |
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Latest headlines on both assets
Bayan Resources Tbk, PT (the company) was established on 7 Oct 2004 based on Notaries Deed No. 12 and the deed of establishment was approved by the the Ministry of Justice dated Dec 21, 2004. The Company’s articles of association has been amended several times, most recently by notarial deed No. 7 of Aulia Taufani, S.H., dated Jun 2, 2008, concerning among others, increase authorized, par value and public offering.
Read more on BYAN →PT Eratex Djaja Tbk (the "Entity") was established in the framework of Foreign Capital Investment Law No.1, 1967 by Notarial Deed No.7 dated October 12, 1972 based on Deed prepared by Koerniatini Karim, Public Notary in Jakarta. Founded in 1972 as a joint venture company between PT Private Development Finance Company of Indonesia Ltd. and Limmen Investment Ltd., Unisouh Holding Ltd., Eastern Cotton Mills Ltd. Yarn spinning factory was built in 1973 on 17 ha of land in Probolinggo.
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