Merdeka Battery Materials Tbk. vs Asia Pacific Investama Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp520 (market cap 57.24T, 89.37M 24h volume), while Asia Pacific Investama Tbk. trades at Rp41 (market cap 348.63B, 48.3K 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 164.2× Asia Pacific Investama Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (89.37M versus 48.3K). Which is the better fit depends on your goals.
| MBMA | MYTX | |
|---|---|---|
Market Cap | 57.24T | 348.63B |
Volume | 89.37M | 48.3K |
Lot | 893.72K | 483 |
Turnover | 46.3B | — |
Average Price | 518.08 | — |
Value | 46.3B | — |
Indicative Equilibrium Price | 520 | — |
Indicative Equilibrium Volume | 90.42K | — |
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 Asia Pacific Investama Tbk (the Company) was established in Jakarta originally named PT Mayetexdian Industry1994Change of Majority shareholding amounted for 70% (indirect acquisition), including 40% share investment at PT Pura Golden Lion (rayon fibre distributor).1995Change of the Company’s name to become PT Apac Centertex Corporation, Tbk1996Acquired 94.12% shares of PT Apac Inti Corpora (business line textile) in Bawean – SemarangCompleted internal restructuring – four subsidiaries’ factory-assets (garment industry) grouped altogether and relocated from Jakarta to Semarang.1997Share-investment participation (24%) at PT Vita Daya Harapan (power/steam plant) in Bawen to supply power & steam requirement for PT Apac Inti2000Divestment of share participation (24%) at PT Vita Daya Harapan (power/steam plant) in Bawen to Third PartyNovember 2000, change of the company’s name to become PT Apac Citra Centertex Tbk and qualified approval effective February.
Read more on MYTX →