Paninvest Tbk. vs Tower Bersama Infrastructure Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,415 (market cap 32.29T, 524K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 10.7× Paninvest Tbk.'s market cap, and Paninvest Tbk. is more actively traded (606.1K versus 524K). Which is the better fit depends on your goals.
| PNIN | TBIG | |
|---|---|---|
Market Cap | 3.03T | 32.29T |
Volume | 606.1K | 524K |
Lot | 6.06K | 5.24K |
Turnover | 442.26M | 742.96M |
Average Price | 729.68 | 1,417.86 |
Value | 442.26M | 742.96M |
Indicative Equilibrium Price | 735 | 1,415 |
Indicative Equilibrium Volume | 2 | 664 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and 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.
Read more on TBIG →