Bayan Resources Tbk. vs Sumi Indo Kabel Tbk. — how do they compare? Bayan Resources Tbk. trades at Rp11,500 (market cap 383.33T), while Sumi Indo Kabel Tbk. trades at Rp565 (market cap 691.56B). The key difference: Bayan Resources Tbk. is far larger — about 554.3× Sumi Indo Kabel Tbk.'s market cap. Which is the better fit depends on your goals.
| BYAN | IKBI | |
|---|---|---|
Market Cap | 383.33T | 691.56B |
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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 →The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →