Singaporean Undiscovered Gems With Strong Fundamentals

Hong Leong Finance

Market Cap: S$1.1b

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

PSC

Market Cap: S$188.1m

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

Tai Sin Electric

Market Cap: S$186.4m

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

VICOM

Market Cap: S$471.6m

An investment holding company, engages in the provision of motor vehicle inspection, as well as non-vehicle testing, inspection, and consultancy services in Singapore and internationally.

CNMC Goldmine Holdings

Market Cap: S$135.8m

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

Indofood Agri Resources

Market Cap: S$446.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, Germany, the Philippines, Myanmar, 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$256.9m

An investment holding company, provides shipbuilding and vessel chartering.

Fraser and Neave

Market Cap: S$1.9b

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

UOB-Kay Hian Holdings

Market Cap: S$1.7b

An investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services in Singapore, Hong Kong, Thailand, Malaysia, and internationally.

Bukit Sembawang Estates

Market Cap: S$934.7m

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

NSL

Market Cap: S$282.0m

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.

Hock Lian Seng Holdings

Market Cap: S$212.5m

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

Nordic Group

Market Cap: S$135.7m

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.

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.

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.

QAF

Market Cap: S$494.7m

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

Avarga

Market Cap: S$208.9m

An investment holding company, engages in manufacturing and trading of paper products in Canada, the United States, Malaysia, Singapore, Myanmar, Sri Lanka, Australia, and internationally.

Bund Center Investment

Market Cap: S$292.1m

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

TalkMed Group

Market Cap: S$591.5m

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.

Multi-Chem

Market Cap: S$289.2m

An investment holding company, distributes information technology products in Singapore, Greater China, Australia, India, and internationally.

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$451.6m

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

Azeus Systems Holdings

Market Cap: S$346.8m

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.

Yeo Hiap Seng

Market Cap: S$362.2m

An investment holding company, engages in the manufacture, marketing, distribution, and sale of food and beverage products in Singapore, China, Malaysia, Other the Asia Pacific countries, Europe, and the United States.

Straco

Market Cap: S$367.9m

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

ISDN Holdings

Market Cap: S$161.5m

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.

Jumbo Group

Market Cap: S$162.3m

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

Grand Venture Technology

Market Cap: S$279.9m

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$134.5m

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

Yangzijiang Financial Holding

Market Cap: S$2.4b

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

Credit Bureau Asia

Market Cap: S$306.4m

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

China Aviation Oil (Singapore)

Market Cap: S$739.8m

Trades and supplies of jet fuel and other petroleum products to civil aviation industry worldwide.

China Sunsine Chemical Holdings

Market Cap: S$495.8m

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

Hong Leong Asia

Market Cap: S$763.0m

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.

Oiltek International

Market Cap: S$165.9m

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.