Merdeka Battery Materials Tbk. vs Transkon Jaya Tbk. — how do they compare? Merdeka Battery Materials Tbk. trades at Rp510 (market cap 55.08T), while Transkon Jaya Tbk. trades at Rp120 (market cap 181.22B). The key difference: Merdeka Battery Materials Tbk. is far larger — about 303.9× Transkon Jaya Tbk.'s market cap. Which is the better fit depends on your goals.
| MBMA | TRJA | |
|---|---|---|
Market Cap | 55.08T | 181.22B |
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 Transkon Jaya Tbk (the Company) was established based on the Notarial Deed of Adi Gunawan, SH., No. 27 dated January 4, 2002. The Company started its commercial operations in July2002. The Companys immediate parent company is PT Damai Investa Sukses, incorporated and domiciledin Indonesia.
Read more on TRJA →