Clipan Finance Indonesia Tbk. vs Midi Utama Indonesia Tbk. — how do they compare? Clipan Finance Indonesia Tbk. trades at Rp334 (market cap 1.33T), while Midi Utama Indonesia Tbk. trades at Rp284 (market cap 9.5T). The key difference: Midi Utama Indonesia Tbk. is far larger — about 7.1× Clipan Finance Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CFIN | MIDI | |
|---|---|---|
Market Cap | 1.33T | 9.5T |
Trailing returns across standard periods
Latest headlines on both assets
PT Clipan Finance Indonesia Tbk (the Company) was established on January 15, 1982 based on the notarial deed No.47 of Kartini Muljadi SH. The Deed of establishment was approval by the Ministry of Justice with his decision letter No. C2-396-HT.01Th.82 on August 2, 1982 and was published on State Gazette No.79 dated October 1, 1982, Supplement No.1189. The article of association have been change several times, most recently on June 29 1998 concerning among others, the change in the Authorized capital and par value of share. The Company is located in Jakarta and the branches is in Denpasar. The Company is affiliated by Panin Group.
Read more on CFIN →PT Midi Utama Indonesia (the company) was established under its original name of PT Midimart Utama base on notarial deed No.37 of Mr Frans Elsius, S.H, dated on 28 Jun, 2007. The Company’s articles of association has been amended several times, most recently by notarial deed No. 2 of Kamelina, S.H., dated Mar 3, 2010, concerning among others, increase in capital paid up and public offering.
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