Citra Nusantara Gemilang Tbk. vs Garuda Maintenance Facility Aero Asia Tbk. — how do they compare? Citra Nusantara Gemilang Tbk. trades at Rp154 (market cap 272.81B), while Garuda Maintenance Facility Aero Asia Tbk. trades at Rp52 (market cap 6.49T). The key difference: Garuda Maintenance Facility Aero Asia Tbk. is far larger — about 23.8× Citra Nusantara Gemilang Tbk.'s market cap. Which is the better fit depends on your goals.
| CGAS | GMFI | |
|---|---|---|
Market Cap | 272.81B | 6.49T |
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PT Citra Nusantara Gemilang Tbk (the “Company”), was established based on Notarial Deed No. 22, dated December 21, 2005 of Edi Priyono, S.H.. The Company's parent entity is PT Petro Asia Energy
Read more on CGAS →Starting out in 1949, GMF AeroAsia originated as the Technical Division of Garuda Indonesia Airlines at the Kemayoran and Halim Perdanakusuma airports in Jakarta, Indonesia. In 1984, GMF AeroAsia was relocated to Soekarno-Hatta International Airport and rebranded itself as the Division of Maintenance & Engineering (M & E), which eventually developed into an independent business unit.Subsequently in 1998, the M & E Division transformed into the Strategic Business Unit (SBU-GMF), handling all Garuda Indonesia's fleet maintenance activities, thus honing its competitive edge. Eventually in 2002 SBU-GMF was spun off from Garuda Indonesia, and officially became an independent entity under the name of PT Garuda Maintenance Facility Aero Asia.GMF AeroAsia is now rightly considered as the best and biggest aircraft maintenance companies in the region, providing the excellence of integrated solutions for all customers around the world.PT. Garuda Maintenance Facility Aero Asia Tbk (the Company) was established based on deed No. 93 dated April 26, 2002 of Arry Supratno, SH, notary in Jakarta.
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