Singaporean Capital Goods Undiscovered Gems With Strong Fundamentals

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.

Penguin International

Market Cap: S$207.0m

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.

Nam Cheong

Market Cap: S$215.7m

An investment holding company, provides shipbuilding and vessel chartering.

Hock Lian Seng Holdings

Market Cap: S$207.4m

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

Nordic Group

Market Cap: S$133.7m

An investment holding company, offers solutions in the areas of system integration, maintenance, repair, overhaul, trading, precision engineering, scaffolding, insulation, petrochemical and environmental engineering, cleanroom, air, and water engineering worldwide.

Boustead Singapore

Market Cap: S$526.0m

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$207.8m

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.

ISDN Holdings

Market Cap: S$157.0m

Provides motion control, industrial computing, and other specialized engineering solutions in Singapore, Hong Kong, Malaysia, Indonesia, Vietnam, the People’s Republic of China, and internationally.The company offers conceptualization, design, development, prototyping, production, testing, installation, and after-sales technical support services for motion control systems; and design, engineering, production, integration, and services to manufacturing, advanced agriculture, renewable energy, and civil transportation industries.It also manufactures linear motors, positioning stages, precision gearboxes, and transmission elements; and hinges and locks under the Dirak brand for data centers, telecommunications, transportation, and 3C market.In addition, the company provides connectivity, intelligence, and analysis services to support industrial processes; industrial software platforms to automation, intelligence, analytics, and control software; and engineering and technology solutions for solar energy, energy storage, advanced agriculture, industrial disinfectants, building energy management, and energy smart grids.Further,it offers property holding and management, corporate training and motivational course provider, professional training to organizations,and public and human resource consultancy services; technical, software, artificial intelligence application software, network, and information development services; and industrial automation and control solutions.Additionally, the company sells and markets bioscience products; sells electronic products;carries out hydroponic growing with the application of its in-house motion control solutions; and constructs a mini hydropower plant.It also provides drone, big data analytic, consultancy, and training services.

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.

Hong Leong Asia

Market Cap: S$770.5m

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.

BRC Asia

Market Cap: S$828.5m

Engages in the prefabrication of steel reinforcement for use in concrete in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India, and internationally.

Oiltek International

Market Cap: S$155.9m

An investment holding company, engages in the supply and provision of engineering design and commissioning of oil extraction equipment and plant in Asia, America, and Africa.

Pan-United

Market Cap: S$436.7m

An investment holding company, engages in the concrete and logistics businesses in Singapore and internationally.