Sumi Indo Kabel Tbk. vs Rukun Raharja Tbk. — how do they compare? Sumi Indo Kabel Tbk. trades at Rp565 (market cap 691.56B), while Rukun Raharja Tbk. trades at Rp920 (market cap 19.44T). The key difference: Rukun Raharja Tbk. is far larger — about 28.1× Sumi Indo Kabel Tbk.'s market cap. Which is the better fit depends on your goals.
| IKBI | RAJA | |
|---|---|---|
Market Cap | 691.56B | 19.44T |
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Latest headlines on both assets
The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →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.
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