Citra Borneo Utama Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Citra Borneo Utama Tbk. trades at Rp795 (market cap 2.48T), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 97.42B). The key difference: Citra Borneo Utama Tbk. is far larger — about 25.5× Armada Berjaya Trans Tbk's market cap. Which is the better fit depends on your goals.
| CBUT | JAYA | |
|---|---|---|
Market Cap | 2.48T | 97.42B |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Borneo Utama Tbk (the “Company”) was established based on Notarial Deed No. 102 dated 14 March 2013 of Teguh Hendrawan, S.H., M.Kn. Notary in Pangkalan Bun. The Company commenced its commercial activities in August 2018.
Read more on CBUT →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →