Maskapai Reasuransi Indonesia Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Maskapai Reasuransi Indonesia Tbk. trades at Rp920 (market cap 476.37B), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Maskapai Reasuransi Indonesia Tbk. is far larger — about 6.4× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| MREI | TGRA | |
|---|---|---|
Market Cap | 476.37B | 74.25B |
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PT Maskapai Reasuransi Indonesia Tbk (the Company) was established on 4th June 1953 based on Notarial Deed No. 15 of Anton Frederik Schut a substitute of Meester Karel Esuard Krijgsman, notary in Jakarta.In 1998 PT. Dharmala Sakti Sejahtera became one of Marein’s major shareholders, besides AJB Bumiputera 1912, and as the result the company was able to increase its paid up capital to Rp 3,002,500,000.
Read more on MREI →PT Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
Read more on TGRA →