Singaporean Undiscovered Gems With Strong Fundamentals

VICOM

Market Cap: S$485.8m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Indofood Agri Resources

Market Cap: S$425.8m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

PSC

Market Cap: S$182.7m

Supplies provisions and household consumer products in Singapore, Malaysia, China, and internationally.

Tai Sin Electric

Market Cap: S$184.1m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Fraser and Neave

Market Cap: S$1.8b

Engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally.

NSL

Market Cap: S$272.7m

An investment holding company, engages in the manufacture and sale of building materials in Singapore, Malaysia, the United Arab Emirates, Finland, Norway, Germany, and internationally.

UOB-Kay Hian Holdings

Market Cap: S$1.6b

An investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services.

Nam Cheong

Market Cap: S$217.4m

An investment holding company, provides shipbuilding and vessel chartering.

Hotung Investment Holdings

Market Cap: S$130.9m

An investment holding company, operates as a venture capital investment company in Taiwan, China, Israel, the United States, the United Kingdom, and internationally.

Penguin International

Market Cap: S$220.2m

An investment holding company, engages in the design, building, owning, and operation of high-speed aluminum crafts in Singapore, East Asia, Africa, Europe, North America, the Middle East, rest of Southeast Asia, and internationally.

Bukit Sembawang Estates

Market Cap: S$939.8m

An investment holding company, engages in the property development, investments, and related activities in Singapore.

Nordic Group

Market Cap: S$137.5m

An investment holding company, 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 worldwide.

Hock Lian Seng Holdings

Market Cap: S$191.8m

An investment holding company, primarily provides civil engineering services to public and private sectors in Singapore.

Ever Glory United Holdings

Market Cap: S$145.6m

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

Boustead Singapore

Market Cap: S$511.3m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of the Asia Pacific, North and South America, the Middle East, and Africa.

PEC

Market Cap: S$212.9m

Provides mechanical engineering and contracting services to the oil and gas, energy, petrochemical, pharmaceutical, and oil and chemical terminal industries in Singapore, China, the Middle east, and internationally.

TalkMed Group

Market Cap: S$585.3m

An investment holding company, provides medical oncology, stem cell transplants, palliative care, and other related services in Singapore, China, Hong Kong, Vietnam, India, New Zealand, Australia, and the United States.

COSCO SHIPPING International (Singapore)

Market Cap: S$286.6m

An investment holding company, provides integrated logistics services in South and Southeast Asia.

QAF

Market Cap: S$489.0m

An investment holding company, engages in the manufacture and distribution of bread, bakery, and confectionery products in Singapore, Australia, the Philippines, Malaysia, and internationally.

Bund Center Investment

Market Cap: S$280.7m

An investment holding company, owns a hotel, and owns and manages commercial and retail properties in the People’s Republic of China.

Credit Bureau Asia

Market Cap: S$304.0m

An investment holding company, provides credit and risk information solutions in Singapore, Malaysia, Cambodia, and Myanmar.

Yeo Hiap Seng

Market Cap: S$337.2m

An investment holding company, engages in the manufacture, marketing, distribution, and sale of food and beverage products.

Multi-Chem

Market Cap: S$288.3m

An investment holding company, distributes information technology (IT) products in Singapore, Australia, India, Vietnam, and internationally.

Azeus Systems Holdings

Market Cap: S$342.0m

An investment holding company, provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Micro-Mechanics (Holdings)

Market Cap: S$223.8m

Designs, manufactures, and markets high precision parts and tools used in applications for the wafer-fabrication, assembly, and testing processes of the semiconductor industry in Singapore, Malaysia, the Philippines, the United States, China, Thailand, Taiwan, Europe, Japan, and internationally.

ValueMax Group

Market Cap: S$444.4m

An investment holding company, engages in the pawnbroking, moneylending, jewelry and watches retailing, and gold trading businesses primarily in Singapore.

Straco

Market Cap: S$346.5m

Develops and operates tourism-related businesses in Singapore and China.

ISDN Holdings

Market Cap: S$143.5m

Provides motion control, industrial computing, and other specialized engineering solutions in Singapore, China, Hong Kong, Malaysia, Indonesia, Vietnam, and internationally.

CNMC Goldmine Holdings

Market Cap: S$172.2m

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

Jumbo Group

Market Cap: S$150.3m

An investment holding company, operates and manages restaurants in Singapore, the People’s Republic of China, and Taiwan.

Yangzijiang Financial Holding

Market Cap: S$2.5b

An investment holding company, engages in the investment-related activities in the People's Republic of China and Singapore.

Grand Venture Technology

Market Cap: S$269.7m

Offers precision manufacturing solutions for the semiconductor, life sciences, electronics, aerospace, and medical industries in Singapore, Malaysia, the United States, China, and internationally.

Tiong Woon Corporation Holding

Market Cap: S$133.3m

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

Soilbuild Construction Group

Market Cap: S$134.0m

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

China Aviation Oil (Singapore)

Market Cap: S$735.5m

Trades in and supplies jet fuel to civil aviation industry worldwide.