Indofood CBP Sukses Makmur Tbk. vs Millennium Pharmacon International Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 77.55T, 1.5M 24h volume), while Millennium Pharmacon International Tbk. trades at Rp181 (market cap 230.59B, 12.1K 24h volume). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 336.3× Millennium Pharmacon International Tbk.'s market cap, and Indofood CBP Sukses Makmur Tbk. is more actively traded (1.5M versus 12.1K). Which is the better fit depends on your goals.
| ICBP | SDPC | |
|---|---|---|
Market Cap | 77.55T | 230.59B |
Volume | 1.5M | 12.1K |
Lot | 15.02K | 121 |
Turnover | 9.93B | 2.2M |
Average Price | 6,612.5 | 181.48 |
Value | 9.93B | 2.2M |
Indicative Equilibrium Price | 6,600 | — |
Indicative Equilibrium Volume | 3.08K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
Read more on ICBP →PT Millennium Pharmacon International Tbk (the Company) was established on October 20th, 1952 under the name N.V. Perusahaan Dagang SOEDARPO CORPORATION. On July 29th, 1997, the Extraordinary Shareholders meeting held by the Company has approved the sale of assets and of the whole share participation on the Company in PT Praweda Ciptakarsa Informatika and PT Sumber Daya Praweda Informatika. In order to strengthen its equity and settle the foreign currently loan, the Company has conducted its first Right Issue and has submitted the registration statement on May 8th, 2000 to the Capital Advisory Board (BAPEPAM). The Company started its operations on October 20, 1952. The name was changed from previous name PT NVPD Soedarpo Corporation.
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