Lotte Chemical Titan Tbk. vs Rukun Raharja Tbk. — how do they compare? Lotte Chemical Titan Tbk. trades at Rp328 (market cap 1.83T), while Rukun Raharja Tbk. trades at Rp920 (market cap 3.89T). The key difference: Rukun Raharja Tbk. is far larger — about 2.1× Lotte Chemical Titan Tbk.'s market cap. Which is the better fit depends on your goals.
| FPNI | RAJA | |
|---|---|---|
Market Cap | 1.83T | 3.89T |
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PT. Lotte Chemical Titan Tbk. (the Company) was established in the Republic of Indonesia under the name of P.T. Indofatra Plastik Industri based on Notarial Deed No. 19 of Rukmasanti Hardjasatya, S.H., dated December 9, 1987. Subsequently, its name was changed to P.T. Fatrapolindo Nusa Industri based on Notarial Deed No. 53 dated July 18, 1988 of the same notary. The Company conduct in Bi-axially Oriented Polypropylene/ BOPP Film industry. Start the commercial operation on 1990 by one line production. Now, the corporate have load capacity 20.000 ton/year.
Read more on FPNI →PT Rukun Raharja (the company) was established by deed No. 290 dated December 24, 1993 were made before Ir. Rusli, S.H., and amended by deed No. 163 dated February 19, 1994 which made Kristianto, S.H., notary in Jakarta.On Jan 2003, the company offered 120.000.000 stock and 84.000.000 warrant through the Surabaya Stock Exchange with par value of Rp 100 and offering price Rp 110.The Company started its commercial operations on Jan 2002 with early main bussines in property.
Read more on RAJA →