Adi Sarana Armada Tbk vs Paninvest Tbk. — how do they compare? Adi Sarana Armada Tbk trades at Rp605 (market cap 2.16T, 5.69M 24h volume), while Paninvest Tbk. trades at Rp720 (market cap 2.97T, 152.6K 24h volume). The key difference: Paninvest Tbk. is the larger of the two by market cap, and Adi Sarana Armada Tbk is more actively traded (5.69M versus 152.6K). Which is the better fit depends on your goals.
| ASSA | PNIN | |
|---|---|---|
Market Cap | 2.16T | 2.97T |
Volume | 5.69M | 152.6K |
Lot | 56.9K | 1.53K |
Turnover | 3.39B | 109.38M |
Average Price | 595.99 | 716.76 |
Value | 3.39B | 109.38M |
Indicative Equilibrium Price | 605 | 720 |
Indicative Equilibrium Volume | 3.21K | 3 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Adi Sarana Armada (the Company) was established in the Republic of Indonesia on December 17, 1999 based on the Notarial Deed no.56 of Misahardi Wilamarta, S.H. The Company's Articles of Association have been amended several times, the latest of which was covered by Notarial Deed no.11 of Liliek Zaenah, S.H., dated June 26, 2012, about the change in the Company's shareholders.
Read more on ASSA →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →