Singaporean Undervalued Small Caps

Soilbuild Construction Group

Market Cap: S$628.8m

An investment holding company, engages in the residential and business space properties construction in Singapore, Myanmar, Malaysia, and internationally.

CNMC Goldmine Holdings

Market Cap: S$741.7m

An investment holding company, engages in the exploration and mining of gold deposits in Malaysia.

Hong Leong Asia

Market Cap: S$2.1b

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally.

BRC Asia

Market Cap: S$1.2b

Engages in the prefabrication of steel reinforcement for use in concrete in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India, and internationally.

Nordic Group

Market Cap: S$191.2m

Provides solutions in the areas of system integration, maintenance, repair, overhaul, trading, precision engineering, scaffolding, insulation, petrochemical and environmental engineering, cleanroom, air and water engineering, and engineering and construction services.

Tiong Woon Corporation Holding

Market Cap: S$222.6m

An investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors.

Ever Glory United Holdings

Market Cap: S$288.1m

An investment holding company, provides mechanical and electrical engineering services for public and private sectors in Singapore.

Wee Hur Holdings

Market Cap: S$634.3m

An investment holding company, engages in general building and civil engineering construction business in Singapore, Hong Kong, and Australia.

Lum Chang Creations

Market Cap: S$263.0m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.