Merdeka Battery Materials Tbk. vs Multi Bintang Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T), while Multi Bintang Indonesia Tbk. trades at Rp6,975 (market cap 14.7T). The key difference: Merdeka Battery Materials Tbk. is far larger — about 3.7× Multi Bintang Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| MBMA | MLBI | |
|---|---|---|
Market Cap | 55.08T | 14.7T |
Trailing returns across standard periods
Latest headlines on both assets
PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →PT Multi Bintang Indonesia Tbk (The Company) was established on June 3, 1929, based on notarial deed No. 8 of Tjeerd Dijkstra, notary public in Medan, under the name of NV Nederlandsch Indische Bierbrouwerijen. The Company is part of the Heineken Group, where the ultimate shareholder is Heineken N.V. (Heineken).
Read more on MLBI →