Paninvest Tbk. vs Supreme Cable Manufacturing & Commerce Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 2.99T), while Supreme Cable Manufacturing & Commerce Tbk. trades at Rp2,290 (market cap 1.88T). The key difference: Paninvest Tbk. is the larger of the two by market cap. Which is the better fit depends on your goals.
| PNIN | SCCO | |
|---|---|---|
Market Cap | 2.99T | 1.88T |
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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.
Read more on PNIN →Established in 1970, Sucaco started commercial production of low-voltage cables in 1972. The company produces a wide range of power and telecommunication cables, which met both local and international standards.
Read more on SCCO →