Bakrieland Development Tbk. vs Abadi Lestari Indonesia Tbk. — how do they compare? Bakrieland Development Tbk. trades at Rp22 (market cap 957.48B), while Abadi Lestari Indonesia Tbk. trades at Rp3,260 (market cap 10.19T). The key difference: Abadi Lestari Indonesia Tbk. is far larger — about 10.6× Bakrieland Development Tbk.'s market cap. Which is the better fit depends on your goals.
| ELTY | RLCO | |
|---|---|---|
Market Cap | 957.48B | 10.19T |
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 Abadi Lestari Indonesia (the Entity) was established based on Notarial Deed No. 166 of Siti Nurul Hidajah, S.H., M.Kn., Notary in Bojonegoro, dated August 11, 2014. The Entity started its commercial operations in 2014. PT Abadi Lestari Indonesia is the parent entity, whereas Edwin Pranata is the ultimate beneficial owner of the group.
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