Chemstar Indonesia Tbk. vs Gunung Raja Paksi Tbk. — how do they compare? Chemstar Indonesia Tbk. trades at Rp65 (market cap 110.5B), while Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T). The key difference: Gunung Raja Paksi Tbk. is far larger — about 32.4× Chemstar Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CHEM | GGRP | |
|---|---|---|
Market Cap | 110.5B | 3.58T |
Indicative Equilibrium Price | 65 | 296 |
Indicative Equilibrium Volume | 290 | 3 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Chemstar Indonesia Tbk (the “Company") was established based on Notarial Deed No. 7 datedJanuary 30, 2004 of Jusnita Gunawan, S.H. The Company started its commercial operations in 2004.
Read more on CHEM →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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