Wijaya Cahaya Timber Tbk. vs Reliance Sekuritas Indonesia Tbk. — how do they compare? Wijaya Cahaya Timber Tbk. trades at Rp92 (market cap 180.6B), while Reliance Sekuritas Indonesia Tbk. trades at Rp496 (market cap 892.8B). The key difference: Reliance Sekuritas Indonesia Tbk. is far larger — about 4.9× Wijaya Cahaya Timber Tbk.'s market cap. Which is the better fit depends on your goals.
| FWCT | RELI | |
|---|---|---|
Market Cap | 180.6B | 892.8B |
Trailing returns across standard periods
Latest headlines on both assets
PT Wijaya Cahaya Timber Tbk. (“the Company”) was established on March 8, 2017, based on Notarial Deed No.6 dated of Notary Rosdiana, S.H., Notary in Bekasi. PT Fortuna Anugrah Sumber Terpadu, the Company's major shareholder and the ultimate parent entity. The Company started its commercial production in March 2018.
Read more on FWCT →PT. Reliance Securities (the company) was established under its original name of Istethmar Finas Securities on 22 Feb 1993 then changed to PT Ludlow Securities on 13 Sep 1999. According with Notaries deed on 28 March 2003 company's name changed to PT Reliance Securities. And the company's name changed to PT Reliance Securities Tbk on 19 May 2005 with amended the articles of association no 19 dated 14 April 2005.
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