Wilmar Cahaya Indonesia Tbk. vs Multi Spunindo Jaya Tbk. — how do they compare? Wilmar Cahaya Indonesia Tbk. trades at Rp2,170 (market cap 1.29T), while Multi Spunindo Jaya Tbk. trades at Rp408 (market cap 2.4T). The key difference: Multi Spunindo Jaya Tbk. is the larger of the two by market cap. Which is the better fit depends on your goals.
| CEKA | MSJA | |
|---|---|---|
Market Cap | 1.29T | 2.4T |
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 Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.
Read more on MSJA →