Fortune Mate Indonesia Tbk vs Panin Financial Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp252 (market cap 1.61T), while Panin Financial Tbk. trades at Rp224 (market cap 7.17T). The key difference: Panin Financial Tbk. is far larger — about 4.5× Fortune Mate Indonesia Tbk's market cap. Which is the better fit depends on your goals.
| FMII | PNLF | |
|---|---|---|
Market Cap | 1.61T | 7.17T |
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 Panin Financial Tbk (the Company) was established in Jakarta under the name PT Asuransi Jiwa Panin Putra on July 19, 1974 based on Notarial Deed No.192 which was changed by Notarial Deed No. 226 dated February 27, 1975, both notarized by Ridwan Suselo, S.H., notary in Jakarta. Starting , and the company is one of the Panin Group`s member. In 1994, the company joint venture with the Australian Mutual Provident Society.
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