Singaporean Undiscovered Gems With Strong Fundamentals

Tai Sin Electric

Market Cap: S$299.2m

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$563.5m

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.

VICOM

Market Cap: S$567.3m

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

HG Metal Manufacturing

Market Cap: S$136.0m

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

Sing Investments & Finance

Market Cap: S$378.3m

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

Penguin International

Market Cap: S$279.6m

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.

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.

NSL

Market Cap: S$328.7m

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.

Nam Cheong

Market Cap: S$291.3m

An investment holding company, provides shipbuilding and vessel chartering.

Nordic Group

Market Cap: S$161.3m

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$307.0m

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$134.3m

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

Lum Chang Holdings

Market Cap: S$168.6m

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

Boustead Singapore

Market Cap: S$908.5m

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$173.2m

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.

Addvalue Technologies

Market Cap: S$137.5m

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.

Old Chang Kee

Market Cap: S$139.6m

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$546.4m

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

International Cement Group

Market Cap: S$263.8m

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

Samudera Shipping Line

Market Cap: S$516.5m

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.

Credit Bureau Asia

Market Cap: S$298.7m

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

Micro-Mechanics (Holdings)

Market Cap: S$240.5m

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

GRC

Market Cap: S$287.8m

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

Stamford Land

Market Cap: S$764.1m

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

ValueMax Group

Market Cap: S$913.3m

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

Chuan Hup Holdings

Market Cap: S$202.2m

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

Azeus Systems Holdings

Market Cap: S$426.0m

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.

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$437.7m

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

Indofood Agri Resources

Market Cap: S$509.5m

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

ASL Marine Holdings

Market Cap: S$257.3m

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

Thakral

Market Cap: S$207.1m

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$138.8m

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

China Sunsine Chemical Holdings

Market Cap: S$700.7m

An investment holding company, manufactures and sells specialty chemicals in the People’s Republic of China, rest of Asia, America, Europe, and internationally.

Singapore Post

Market Cap: S$923.0m

Engages in the post and parcel, eCommerce logistics, and property businesses in Singapore and internationally.

Lum Chang Creations

Market Cap: S$144.9m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.