Gunung Raja Paksi Tbk. vs PP London Sumatra Indonesia Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp296 (market cap 3.58T), while PP London Sumatra Indonesia Tbk. trades at Rp1,325 (market cap 9.04T). The key difference: PP London Sumatra Indonesia Tbk. is far larger — about 2.5× Gunung Raja Paksi Tbk.'s market cap. Which is the better fit depends on your goals.
| GGRP | LSIP | |
|---|---|---|
Market Cap | 3.58T | 9.04T |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →PT Perusahaan Perkebunan London Sumatera Tbk abbreviated as Lonsum, was established in teh Republic of Indonesia based on Notarial Deed No. 93 of Raden Kadiman dated December 18, 1962 and amended by Notarial Deed No. 20 dated September 9, 1963. Based on Notarial Deed No. 18 of Pahala Sutrisno Amijoyo Tampubolon, S.H., M.Kn., dated May 24, 2013, the Company's shareholders approved the change of the Company's status from Foreign Capital Investment (PMA) company to Domestic Capital Investment (PMDN) company.
Read more on LSIP →