Singaporean Capital Goods Undervalued Small Caps

Frencken Group

Market Cap: S$444.2m

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

Hong Leong Asia

Market Cap: S$823.0m

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.