Equity Development Investment Tbk. vs Armada Berjaya Trans Tbk — how do they compare? Equity Development Investment Tbk. trades at Rp85 (market cap 1.31T), while Armada Berjaya Trans Tbk trades at Rp122 (market cap 97.42B). The key difference: Equity Development Investment Tbk. is far larger — about 13.4× Armada Berjaya Trans Tbk's market cap. Which is the better fit depends on your goals.
| GSMF | JAYA | |
|---|---|---|
Market Cap | 1.31T | 97.42B |
Trailing returns across standard periods
Latest headlines on both assets
PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →