Cakra Buana Resources Energi Tbk. vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Cakra Buana Resources Energi Tbk. trades at Rp675 (market cap 3.06T), while Indah Kiat Pulp & Paper Tbk. trades at Rp8,475 (market cap 46.37T). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 15.2× Cakra Buana Resources Energi Tbk.'s market cap. Which is the better fit depends on your goals.
| CBRE | INKP | |
|---|---|---|
Market Cap | 3.06T | 46.37T |
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Latest headlines on both assets
PT Cakra Buana Resources Energi Tbk (The Company) was established based on Notarial Deed No.5 dated June 17, 2016 of Bonifasius Sulistiyo Wibowo, S.H., M.Kn notary in Jakarta. The Company started its commercial business in 2016.
Read more on CBRE →PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
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