Wilmar Cahaya Indonesia Tbk. vs Gunung Raja Paksi Tbk. — how do they compare? Wilmar Cahaya Indonesia Tbk. trades at Rp2,170 (market cap 1.29T), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Gunung Raja Paksi Tbk. is far larger — about 2.8× Wilmar Cahaya Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CEKA | GGRP | |
|---|---|---|
Market Cap | 1.29T | 3.58T |
Trailing returns across standard periods
Latest headlines on both assets
PT Cahaya Kalbar Tbk (the Company), has been engaged in the edible oil business since 1968. The factory in Pluit Jakarta, was built in 1972 with the initial purposes to produce Cooking Oil and Margarine. In 1992, the Company has succeeded in penetrating the international Specialty Fats market. In the end of 1995, the Company acquired the full ownership of PT Inticocoa Abadi Industri located at Jababeka Industrial Estate I Cikarang, Bekasi – West Java, which produces Pure Prime Pressed Cocoa Butter, Cocoa Mass, Natural Cocoa Cake, and Natural Cocoa Powder. In 1997, the Company acquired ownership of PT Mintawi factory and several individual lands located in Pontianak, West Kalimantan. This factory produces lllipe Butter, Shea Fat, Cooking Oil, Palm Kernel Oil, and their fractions.
Read more on CEKA →PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
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