Merdeka Battery Materials Tbk. vs Techno9 Indonesia Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T), while Techno9 Indonesia Tbk. trades at Rp76 (market cap 163.93B). The key difference: Merdeka Battery Materials Tbk. is far larger — about 336× Techno9 Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| MBMA | NINE | |
|---|---|---|
Market Cap | 55.08T | 163.93B |
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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 Techno9 Indonesia,Tbk (the"Company")wasestablished based on Deed No. 05 dated June 9, 2010, whichwasmade before Notary Lidya Enywati Tjendra, S.H. The Company started its commercial operations since June 23, 2010
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