Fortune Mate Indonesia Tbk vs MNC Energy Investments Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp252 (market cap 1.59T, 142.4K 24h volume), while MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume). The key difference: MNC Energy Investments Tbk. is the larger of the two by market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 142.4K). Which is the better fit depends on your goals.
| FMII | IATA | |
|---|---|---|
Market Cap | 1.59T | 1.88T |
Volume | 142.4K | 99.06M |
Lot | 1.42K | 990.58K |
Turnover | 35.31M | 5.84B |
Average Price | 247.99 | 58.91 |
Value | 35.31M | 5.84B |
Indicative Equilibrium Price | 252 | 59 |
Indicative Equilibrium Volume | 33 | 7.25K |
Trailing returns across standard periods
Latest headlines on both assets
PT Fortune Mate Indonesia Tbk (the Entity) was established within the framework of the Foreign Capital Investment Law (PMA) No. 1 year 1967 based on Notarial Deed No. 44 dated June 24, 1989 by Rika You Soo Shin, S.H., notary in Surabaya. The Entity has started its commercial operations since 1989 comprises the manufacturing of footwear were located in Sidoarjo, East Java and stopped its operation since middle of March 2004. The Entity's office and real estate are located in Surabaya.
Read more on FMII →PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
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