Fuji Finance Indonesia Tbk. vs Paninvest Tbk. — how do they compare? Fuji Finance Indonesia Tbk. trades at Rp212 (market cap 275.6B), while Paninvest Tbk. trades at Rp735 (market cap 2.99T). The key difference: Paninvest Tbk. is far larger — about 10.8× Fuji Finance Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| FUJI | PNIN | |
|---|---|---|
Market Cap | 275.6B | 2.99T |
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PT Fuji Finance Indonesia Tbk (Company) was established first with the name of PT Jaya FajarLeasing Pratama based on Notarial Deed of Kartini Muljadi S.H., No. 287 on September 211982, which was changed to Jaya Fuji Leasing Pratama on March 28, 1983, then on July 2018 the Company's name was changed to Fuji Finance Indonesia
Read more on FUJI →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.
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