Singaporean Undiscovered Gems With Strong Fundamentals

VICOM

Market Cap: S$585.0m

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

HG Metal Manufacturing

Market Cap: S$151.1m

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

Sing Investments & Finance

Market Cap: S$394.9m

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

Banyan Tree Holdings

Market Cap: S$550.5m

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.

Indofood Agri Resources

Market Cap: S$544.4m

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

Tai Sin Electric

Market Cap: S$250.8m

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

ASL Marine Holdings

Market Cap: S$197.6m

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

Penguin International

Market Cap: S$286.2m

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.

NSL

Market Cap: S$343.7m

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.

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.

Nam Cheong

Market Cap: S$299.0m

An investment holding company, provides shipbuilding and vessel chartering.

Nam Lee Pressed Metal Industries

Market Cap: S$129.5m

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

OKP Holdings

Market Cap: S$346.9m

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

Nordic Group

Market Cap: S$171.3m

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.

Boustead Singapore

Market Cap: S$884.9m

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.

Lum Chang Holdings

Market Cap: S$161.1m

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

XMH Holdings

Market Cap: S$187.5m

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.

TalkMed Group

Market Cap: S$605.3m

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

International Cement Group

Market Cap: S$281.0m

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

Old Chang Kee

Market Cap: S$133.5m

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

COSCO SHIPPING International (Singapore)

Market Cap: S$555.3m

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

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.

Stamford Land

Market Cap: S$675.0m

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

Chuan Hup Holdings

Market Cap: S$170.5m

An investment holding company, engages in the investment, development, trading, and management of real estate properties in Singapore, Australia, the United States, Europe, and internationally.

Credit Bureau Asia

Market Cap: S$315.3m

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

ValueMax Group

Market Cap: S$903.9m

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

GRC

Market Cap: S$233.6m

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

Micro-Mechanics (Holdings)

Market Cap: S$254.4m

Designs, manufactures, and markets 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, the People’s Republic of China, Thailand, Taiwan, Europe, Japan, and internationally.

Samudera Shipping Line

Market Cap: S$538.0m

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$188.2m

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$393.1m

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

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.

Thakral

Market Cap: S$195.4m

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.

RH PetroGas

Market Cap: S$149.6m

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

Grand Venture Technology

Market Cap: S$317.2m

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

Soilbuild Construction Group

Market Cap: S$460.0m

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