Bayan Resources Tbk. vs Megapower Makmur Tbk. — how do they compare? Bayan Resources Tbk. trades at Rp11,500 (market cap 383.33T), while Megapower Makmur Tbk. trades at Rp95 (market cap 77.61B). The key difference: Bayan Resources Tbk. is far larger — about 4939.2× Megapower Makmur Tbk.'s market cap. Which is the better fit depends on your goals.
| BYAN | MPOW | |
|---|---|---|
Market Cap | 383.33T | 77.61B |
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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 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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