Malaysian Potentially Undervalued Companies

Heineken Malaysia Berhad

Market Cap: RM 7.2b

Engages in producing, packaging, marketing, and distributing alcoholic beverages primarily in Malaysia.

Malayan Cement Berhad

Market Cap: RM 11.3b

An investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, drymix, quarry, and other building materials and related products primarily in Malaysia and Singapore.

Focus Point Holdings Berhad

Market Cap: RM 304.4m

An investment holding company, operates professional eye care centers in Malaysia.

Lagenda Properties Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the property development business in Malaysia.

CAB Cakaran Corporation Berhad

Market Cap: RM 409.1m

Produces and sells food products in Malaysia, Singapore, Hong Kong, Japan, Brunei, and internationally.

Uzma Berhad

Market Cap: RM 273.8m

An investment holding company, operates as an integrated energy and technology company in Malaysia and internationally.

Syarikat Takaful Malaysia Keluarga Berhad

Market Cap: RM 2.8b

Manages family and general takaful businesses in Malaysia and Indonesia.

Carlsberg Brewery Malaysia Berhad

Market Cap: RM 5.3b

Engages in the production, distribution, and sale of beer, stout, cider, shandy, liquor, and non-alcoholic beverages in Malaysia, Singapore, and internationally.

DXN Holdings Bhd

Market Cap: RM 2.4b

Manufactures and sales health supplements and other products on direct sales basis in Latin America, Malaysia, Asia, North America, Africa, Europe, the Middle East, and Oceania.

Yinson Holdings Berhad

Market Cap: RM 7.0b

An investment holding company, operates as a floating, production, storage, and offloading (FPSO) service provider.

Johor Plantations Group Berhad

Market Cap: RM 3.8b

Engages in the production of palm oil and palm kernels in Malaysia.

Taliworks Corporation Berhad

Market Cap: RM 897.0m

An investment holding company, operates, manages, and maintains water treatment plants in Malaysia.

CapitaLand Malaysia Trust

Market Cap: RM 2.2b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

Sime Darby Berhad

Market Cap: RM 16.4b

Provides automotive and industrial equipment in Malaysia, China, Australasia, and the Asia Pacific.

Pintaras Jaya Berhad

Market Cap: RM 232.2m

An investment holding company, engages in undertaking of piling contracts, civil engineering, and building construction works in Malaysia and Singapore.

Northeast Group Berhad

Market Cap: RM 466.2m

An investment holding company, manufactures and sells precision engineering components in Malaysia, the United States, the United Kingdom, Thailand, Singapore, Canada, Germany, Hungary, Australia, China, Japan, and Poland.

Hiap Teck Venture Berhad

Market Cap: RM 470.4m

Manufactures, rents, distributes, and sells steel pipes, hollow sections, scaffolding equipment and accessories, and other steel products in Malaysia.

Aeon (M) Bhd

Market Cap: RM 1.7b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Bermaz Auto Berhad

Market Cap: RM 936.9m

An investment holding company, distributes and retails of completely built-up Mazda, Kia, XPeng, and Deepal vehicles in Malaysia and the Philippines.

Jaya Tiasa Holdings Berhad

Market Cap: RM 1.0b

An investment holding company, engages in the extraction and sale of logs in Malaysia.

MNRB Holdings Berhad

Market Cap: RM 2.1b

An investment holding company, engages in the general reinsurance, takaful, and retakaful businesses in Malaysia and internationally.

Able Global Berhad

Market Cap: RM 504.4m

An investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally.

Allianz Malaysia Berhad

Market Cap: RM 4.0b

An investment holding company, engages in general and life insurance business in Malaysia.

YTL Power International Berhad

Market Cap: RM 24.2b

An investment holding company, provides electricity, clean water, sewerage system, and telecommunication services in Malaysia, Singapore, the United Kingdom, and internationally.

Pantech Group Holdings Berhad

Market Cap: RM 553.0m

An investment holding company, manufactures and sells steel pipes, fittings, flanges, valves, and other related products in Malaysia, the Republic of Singapore, the United Kingdom.

Bumi Armada Berhad

Market Cap: RM 2.3b

An investment holding company, engages in providing marine transportation, floating production storage offloading (FPSO) operations, and engineering and maintenance services to offshore oil and gas companies.

SMRT Holdings Berhad

Market Cap: RM 56.9m

An investment holding company, engages information technology businesses primarily in Malaysia.

FM Global Logistics Holdings Berhad

Market Cap: RM 332.3m

Provides multi-modal freight services in Malaysia, Australia, Indonesia, Thailand, Vietnam, India, Singapore, the United States, the Philippines, and China.

AEON Credit Service (M) Berhad

Market Cap: RM 2.9b

Provides consumer financial services in Malaysia.

YTL Corporation Berhad

Market Cap: RM 20.8b

Operates as an integrated infrastructure developer.

Ta Ann Holdings Berhad

Market Cap: RM 2.1b

An investment holding company, operates as a timber and oil palm plantation company.

Paradigm Real Estate Investment Trust

Market Cap: RM 1.6b

Operates as a real estate investment trust that invests in a portfolio of real estate assets.

Wasco Berhad

Market Cap: RM 813.0m

Provides energy solutions worldwide.

Hong Leong Industries Berhad

Market Cap: RM 5.6b

An investment holding company, engages in the manufacture and sale of consumer and industrial products in Malaysia, Australia, Vietnam, Thailand, Singapore, Taiwan, and internationally.

OCK Group Berhad

Market Cap: RM 387.6m

An investment holding company, provides telecommunications network services in Malaysia, Myanmar, Indonesia, Singapore, and Vietnam.

Guan Chong Berhad

Market Cap: RM 1.9b

An investment holding company, produces, processes, markets, and sells cocoa-derived food ingredients and cocoa products in Malaysia, Singapore, Indonesia, Germany, and internationally.