Wilmar Cahaya Indonesia Tbk. vs Multi Bintang Indonesia Tbk. — how do they compare? Wilmar Cahaya Indonesia Tbk. trades at Rp2,170 (market cap 1.29T), while Multi Bintang Indonesia Tbk. trades at Rp6,325 (market cap 13.33T). The key difference: Multi Bintang Indonesia Tbk. is far larger — about 10.3× Wilmar Cahaya Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CEKA | MLBI | |
|---|---|---|
Market Cap | 1.29T | 13.33T |
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 Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →