Thai Undiscovered Gems With Strong Fundamentals

Shangri-La Hotel

Market Cap: ฿6.0b

Operates hotels in Bangkok and Chiang Mai provinces.

Saha-Union

Market Cap: ฿8.2b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Platinum Group

Market Cap: ฿3.5b

Engages in the property development business in Thailand.

Alucon

Market Cap: ฿7.7b

Engages in producing and distributing aluminum containers primarily in Thailand.

Lanna Resources

Market Cap: ฿7.7b

Lanna Resources Public Company Limited, together with its subsidiaries, manufacture and distributes coal.

SiS Distribution (Thailand)

Market Cap: ฿7.1b

Engages in the distribution of computer components, smartphones, and office automation equipment in Thailand.

Muramoto Electron (Thailand)

Market Cap: ฿3.4b

Manufactures and sells metal and plastic parts for audio/visual equipment, and electronic equipment for automobiles and office automation appliances in Thailand, Japan, the United States, and internationally.

Vanachai Group

Market Cap: ฿3.7b

Engages in production and distribution of wood plates, medium density fiberboards, particle boards, doorskin, and melamine on wood plates in Thailand and internationally.

M.C.S. Steel

Market Cap: ฿3.6b

Engages in the design, production, and distribution of structural steel products for building construction in Thailand, China, and Japan.

Jasmine Technology Solution

Market Cap: ฿23.7b

Through its subsidiaries engages in the design and installation of telecommunication systems, telecom service, bitcoin mining, and other businesses in Thailand.

S.Kijchai Enterprise

Market Cap: ฿4.3b

Manufactures and distributes medium density fiber boards in Thailand.

Future City Leasehold Real Estate Investment Trust

Market Cap: ฿5.0b

Future Park Leasehold Property Fund specializes in real estate investments.

Polyplex (Thailand)

Market Cap: ฿8.8b

Manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, blown films, holographic films, and PET resins in Thailand and internationally.

Siamese Asset

Market Cap: ฿8.9b

Engages in the real estate development business in Thailand.

Thai President Foods

Market Cap: ฿65.6b

Engages in the manufacture and distribution of instant noodles, semi-instant foods, and biscuits products in Thailand and internationally.

Thai Union Feedmill

Market Cap: ฿4.5b

Manufactures and distributes animal feeds in Thailand, Sri Lanka, Pakistan, Indonesia, and internationally.

Muang Thai Insurance

Market Cap: ฿6.3b

Provides non-life insurance products and services in Thailand.

Tata Steel (Thailand)

Market Cap: ฿4.3b

Engages in the manufacturing, distribution, and trading of steel bars, wire rods, and small section products in Thailand.

Univanich Palm Oil

Market Cap: ฿8.6b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Birla Carbon (Thailand)

Market Cap: ฿16.0b

Manufactures and sells carbon black in Thailand, Japan, Indonesia, Vietnam, the Philippines, Malaysia, Mexico, Australia, and internationally.

Advanced Information Technology

Market Cap: ฿7.1b

Engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand.

IMPACT Growth Real Estate Investment Trust

Market Cap: ฿14.1b

Impact Growth Real Estate Investment Trust (“the Trust”) is a real estate investment trust established under the Trust for Transaction in Capital Market Act, B.E.2550 (“the Act”) in accordance with the Trust Deed signed on 22 September 2014 between RMI Company Limited as the Trust Settlor and Kasikorn Asset Management Company Limited as the Trustee.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿9.3b

n/a

Bangkok Land

Market Cap: ฿6.9b

Engages in the real estate development, exhibition and convention, food and beverage, education, and hotel investment businesses in Thailand.

Saha Pathanapibul

Market Cap: ฿19.6b

Engages in the consumer goods distribution business in Thailand and internationally.

GMM Grammy

Market Cap: ฿4.1b

Engages in the music, satellite television (TV), digital TV, movies, home shopping, and co-investment in other businesses in Thailand.

Sahamitr Pressure Container

Market Cap: ฿4.6b

Engages in the manufacture and sale of LPG and other pressure cylinders in Asia, Africa, the United States, and internationally.

Thaitheparos

Market Cap: ฿13.8b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Asian Sea Corporation

Market Cap: ฿5.9b

Engages in the production and distribution of processed frozen seafood.

Business Online

Market Cap: ฿4.0b

Engages in the development and provision of local and global financial information systems in Thailand.

KGI Securities (Thailand)

Market Cap: ฿8.4b

Engages in the securities and derivatives business in Thailand.

Laguna Resorts & Hotels

Market Cap: ฿6.2b

Engages in the hotel and property development businesses in Thailand.

Roctec Global

Market Cap: ฿4.1b

Provides advertising services in Thailand, Hong Kong, and Vietnam.

Kang Yong Electric

Market Cap: ฿5.7b

Manufactures and distributes household electrical appliances in Thailand, Japan, and internationally.

Thai Metal Drum Manufacturing

Market Cap: ฿3.6b

Manufactures and distributes metal drums and plastic products in Thailand and internationally.

Premier Marketing

Market Cap: ฿5.5b

Premier Marketing Public Company Limited markets, promotes, and distributes snack foods and consumer products in Thailand, Cambodia, Laos, Myanmar, Vietnam, China, South Korea, Australia, the United State, the United Kingdom, and internationally.