Chemstar Indonesia Tbk. vs Malacca Trust Wuwungan Insurance Tbk. — how do they compare? Chemstar Indonesia Tbk. trades at Rp65 (market cap 110.5B), while Malacca Trust Wuwungan Insurance Tbk. trades at Rp268 (market cap 783.76B). The key difference: Malacca Trust Wuwungan Insurance Tbk. is far larger — about 7.1× Chemstar Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CHEM | MTWI | |
|---|---|---|
Market Cap | 110.5B | 783.76B |
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 Malacca Trust Wuwungan Insurance (the Company) formerly known as PT Asuransi wuwungan, was established based on Notarial Deed No. 76 dated December 15, 1952, which was amended based on Deed No. 133 dated January 21, 1953 of Raden Mas Soerojo, S.H., Notary in Jakarta.Since 2011, Malacca Trust Limited, a Singapore-based holding company, through its subsidiaries Batavia Prosperindo International and Batavia Prosperindo Finance, has successfully become a majority shareholder of PT Malacca Trust Wuwungan Insurance. This completes the entire Malacca Trust Limited business in the financial industry where previously it has owned asset management, securities & multi finance company based in Indonesia.
Read more on MTWI →