Singaporean Undiscovered Gems With Strong Fundamentals

HG Metal Manufacturing

Market Cap: S$138.7m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Tai Sin Electric

Market Cap: S$276.2m

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

Banyan Tree Holdings

Market Cap: S$533.1m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

VICOM

Market Cap: S$563.8m

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

Sing Investments & Finance

Market Cap: S$371.2m

Provides f financial products and services to individuals and corporations in Singapore.

ASL Marine Holdings

Market Cap: S$216.1m

Provides marine services in Singapore, Indonesia, Asia Pacific, South Asia, Europe, the Middle East, and Australia.

NSL

Market Cap: S$326.9m

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

Jumbo Group

Market Cap: S$168.3m

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

Nam Cheong

Market Cap: S$265.4m

An investment holding company, provides shipbuilding and vessel chartering.

Bukit Sembawang Estates

Market Cap: S$1.1b

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

Penguin International

Market Cap: S$277.4m

An investment holding company, designs, builds, owns, and operates high-speed aluminum crafts in Singapore, East Asia, Africa, Europe, the Middle East, rest of Southeast Asia, and internationally.

Nordic Group

Market Cap: S$155.3m

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.

OKP Holdings

Market Cap: S$310.0m

Together with its subsidiary, operates as a transport infrastructure and civil engineering company in Singapore and Australia.

Nam Lee Pressed Metal Industries

Market Cap: S$131.9m

Engages in the design, fabrication, supply, and installation of steel and aluminum products in Singapore and Malaysia.

Lum Chang Holdings

Market Cap: S$166.7m

Engages in the construction, project management, and property development and investment activities in Singapore and Malaysia.

Addvalue Technologies

Market Cap: S$144.2m

An investment holding company, provides satellite-based communication and digital broadband products and solutions in Europe, the Middle East, and Africa, North America, and the Asia Pacific.

Boustead Singapore

Market Cap: S$863.1m

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

XMH Holdings

Market Cap: S$176.5m

An investment holding company, provides diesel engine, propulsion, and power generating solutions for customers in the marine and industrial sectors in Singapore, Indonesia, Malaysia, Vietnam, and internationally.

COSCO SHIPPING International (Singapore)

Market Cap: S$537.4m

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

Old Chang Kee

Market Cap: S$135.9m

An investment holding company, engages in the manufacture and distribution of food products under the Old Chang Kee brand in Singapore, Australia, and Malaysia.

International Cement Group

Market Cap: S$246.6m

Engages in the production, sale, and distribution of cement, gypsum plasterboards, and related products in Singapore, Malaysia, Afghanistan, Tajikistan, Kazakhstan, and internationally.

Azeus Systems Holdings

Market Cap: S$465.0m

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

Chuan Hup Holdings

Market Cap: S$203.7m

An investment holding company, engages in property investment and development in Singapore, Australia, the United States, Europe, and internationally.

Stamford Land

Market Cap: S$652.8m

An investment holding company, owns, operates, and manages hotels in Singapore, Australia, and the United Kingdom.

ValueMax Group

Market Cap: S$936.7m

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

Credit Bureau Asia

Market Cap: S$305.7m

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

GRC

Market Cap: S$277.6m

An investment holding company, engages in construction, and property development and investment activities.

Micro-Mechanics (Holdings)

Market Cap: S$237.7m

Designs, manufactures, and markets precision parts and tools for the wafer-fabrication, assembly, and testing processes of the semiconductor industry.

Samudera Shipping Line

Market Cap: S$484.2m

Engages in the transportation of containerized and non-containerized cargo to various ports in Southeast Asia, the Indian Sub-continent, the Far East, and the Middle East, and internationally.

ISDN Holdings

Market Cap: S$172.3m

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

Indofood Agri Resources

Market Cap: S$523.5m

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

CNMC Goldmine Holdings

Market Cap: S$478.2m

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

RH PetroGas

Market Cap: S$132.9m

An investment holding company, engages in the exploration, development, and production of oil and gas resources in Indonesia.

Thakral

Market Cap: S$199.9m

An investment holding company, markets and distributes beauty, fragrance, and lifestyle products in Singapore, India, rest of South Asia, the People’s Republic of China, North America, Australia, Japan, and internationally.

Grand Venture Technology

Market Cap: S$318.9m

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

China Aviation Oil (Singapore)

Market Cap: S$1.1b

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