Singaporean Undervalued Small Caps

CNMC Goldmine Holdings

Market Cap: S$174.3m

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

CSE Global

Market Cap: S$436.5m

An investment holding company, engages in the provision of integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Geo Energy Resources

Market Cap: S$474.2m

An investment holding company, engages in the mining, production, and trading of coal.

Hong Leong Asia

Market Cap: S$1.2b

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.

UMS Integration

Market Cap: S$952.1m

An investment holding company, manufactures and markets precision machining components, and provides electromechanical assembly and final testing services.

Tiong Woon Corporation Holding

Market Cap: S$161.1m

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

Frencken Group

Market Cap: S$538.1m

An investment holding company, provides original design, original equipment, and diversified integrated manufacturing solutions worldwide.

HRnetGroup

Market Cap: S$660.8m

An investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, and Indonesia.