Singaporean Undiscovered Gems With Strong Fundamentals

PSC

Market Cap: S$218.1m

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

Indofood Agri Resources

Market Cap: S$516.5m

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

Tai Sin Electric

Market Cap: S$243.9m

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

Sing Investments & Finance

Market Cap: S$309.7m

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

Penguin International

Market Cap: S$264.2m

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.

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.

NSL

Market Cap: S$283.9m

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.

Hotung Investment Holdings

Market Cap: S$142.3m

An investment holding company, operates as a venture capital investment company in Taiwan, China, Israel, the United States, the United Kingdom, and internationally.

Ley Choon Group Holdings

Market Cap: S$131.0m

An investment holding company, provides underground utilities infrastructure construction, and road and airfield works services in Singapore and Sri Lanka.

Nordic Group

Market Cap: S$155.4m

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$752.2m

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.

Bund Center Investment

Market Cap: S$307.3m

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

COSCO SHIPPING International (Singapore)

Market Cap: S$546.4m

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

Old Chang Kee

Market Cap: S$132.3m

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

TalkMed Group

Market Cap: S$598.6m

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.

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.

SBS Transit

Market Cap: S$1.0b

Provides bus and rail public transportation services, and consultancy services relating to land transport in Singapore.

ValueMax Group

Market Cap: S$752.8m

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

Straco

Market Cap: S$350.7m

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

Azeus Systems Holdings

Market Cap: S$477.0m

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.

Spindex Industries

Market Cap: S$148.8m

Engages in the manufacture, import, export, and trade of mechanical, electrical, electronic, and precision machine parts.

Stamford Land

Market Cap: S$615.7m

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

GRC

Market Cap: S$179.5m

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

Micro-Mechanics (Holdings)

Market Cap: S$255.8m

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.

Credit Bureau Asia

Market Cap: S$306.1m

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

Info-Tech Systems

Market Cap: S$226.4m

Designs and develops cloud human resource management (HRMS) and accounting software.

ISDN Holdings

Market Cap: S$168.2m

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$216.8m

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

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.

RH PetroGas

Market Cap: S$151.3m

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

Thakral

Market Cap: S$178.7m

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.

China Sunsine Chemical Holdings

Market Cap: S$681.7m

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

Grand Venture Technology

Market Cap: S$313.8m

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$180.8m

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

Soilbuild Construction Group

Market Cap: S$259.8m

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