Bakrieland Development Tbk. vs Indo Straits Tbk. — how do they compare? Bakrieland Development Tbk. trades at Rp40 (market cap 1.74T), while Indo Straits Tbk. trades at Rp264 (market cap 145.24B). The key difference: Bakrieland Development Tbk. is far larger — about 12× Indo Straits Tbk.'s market cap. Which is the better fit depends on your goals.
| ELTY | PTIS | |
|---|---|---|
Market Cap | 1.74T | 145.24B |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrieland Development Tbk. (“The Company”) was established with Notarial Deed No. 209 of John Leonard Waworuntu, S.H., dated June 12, 1990. The Company's articles of association have been amended several times, among others, the changes of the Company's name from PT Elang Realty (formerly PT. Purilestari Indah Pratama) Tbk. to PT Bakrieland Development Tbk. which have been notarized by Notarial Deed No. 29 of Harun Kamil, S.H., dated April 3, 1997.
Read more on ELTY →PT Indo Straits (the "Company") was established based on Notarial Deed No 319 of Ridwan SH, dated January 21, 1985. The Company's Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 4 of Leolin Jayanti SH dated March 8, 2011 pertaining of change composition of the Company's board of Commissioners and Boards of Directors, issuance of new share to be offered to the public in the Initial Public Offering, and amendment of the Article of Association of the Company to become a public entity.
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