Multi Agro Gemilang Plantation Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Multi Agro Gemilang Plantation Tbk. trades at Rp50 (market cap 450B), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Multi Agro Gemilang Plantation Tbk. is far larger — about 6.1× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| MAGP | TGRA | |
|---|---|---|
Market Cap | 450B | 74.25B |
Trailing returns across standard periods
Latest headlines on both assets
Multi Agro Gemilang Plantation, PT (the Company) was established as PT Jo Perkasa Agro Techonologies based on the Notarial Deed No. 4 dated April 13, 2005 of Herlina Pakpahan, SH., notary in Jakarta.
Read more on MAGP →PT Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
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