Malaysian Capital Goods Potentially Undervalued Companies

Binastra Corporation Berhad

Market Cap: RM 2.1b

An investment holding company, engages in general contractor and property developer, building and civil engineering works in turnkey projects in Malaysia.

MGB Berhad

Market Cap: RM 260.3m

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

Sime Darby Berhad

Market Cap: RM 15.2b

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

Pintaras Jaya Berhad

Market Cap: RM 218.9m

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

WCT Holdings Berhad

Market Cap: RM 724.9m

An investment holding company, engages in the engineering and construction, property development, and property investment and management activities in Malaysia, the Middle East, India, and internationally.

EITA Resources Berhad

Market Cap: RM 144.9m

An investment holding company, manufactures, distributes, and sells elevators and busduct systems in Malaysia.

HE Group Berhad

Market Cap: RM 149.6m

Through its subsidiary, Hexatech Engineering Sdn.

Muhibbah Engineering (M) Bhd

Market Cap: RM 402.4m

Engages in the oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally.

DKSH Holdings (Malaysia) Berhad

Market Cap: RM 892.3m

An investment holding company, provides market expansion services to consumer goods, performance materials, healthcare, and technology industries.

Mitrajaya Holdings Berhad

Market Cap: RM 480.8m

An investment holding company, engages construction and property development businesses in Malaysia and South Africa.

Flexidynamic Holdings Berhad

Market Cap: RM 40.5m

An investment holding company, engages in the design, engineering, installation, commissioning, and maintenance of glove chlorination systems in Malaysia, Thailand, Vietnam, Indonesia, Sri Lanka, and the United States.

Eversendai Corporation Berhad

Market Cap: RM 261.8m

Provides construction services in the Middle East, India, Southeast Asia, and internationally.

EPB Group Berhad

Market Cap: RM 109.7m

Engages in the design, customization, fabrication, integration, automation, distribution, production of food processing and packaging machinery, and medical services and healthcare equipment in Malaysia and internationally.

UEM Edgenta Berhad

Market Cap: RM 906.5m

An investment holding company, provides asset management and infrastructure solutions in Malaysia, the Middle East, Indonesia, Singapore, Taiwan, and India.

Luxchem Corporation Berhad

Market Cap: RM 427.6m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Protasco Berhad

Market Cap: RM 108.4m

An investment holding company, provides infrastructure solutions in Malaysia.

SCC Holdings Berhad

Market Cap: RM 28.9m

An investment holding company, engages in the distribution, marketing, and sale of food service equipment and animal health products in Malaysia.

Advance Synergy Berhad

Market Cap: RM 189.7m

An investment holding company, operates in the property development and investment services in Malaysia, Singapore, Africa, the Middle East, Europe, and internationally.

Malayan United Industries Berhad

Market Cap: RM 161.3m

An investment holding company, primarily engages in the retailing, hotel, property, food, fast food chain, and financial service businesses in Malaysia, the Asia-Pacific, Australia, North America, and the United Kingdom.

Erdasan Group Berhad

Market Cap: RM 18.3m

An investment holding company, designs, manufactures, and fabricates industrial automation systems, machinery, and industrial and engineering parts.

Gadang Holdings Berhad

Market Cap: RM 140.2m

An investment holding company, engages in civil engineering and construction, property development, water supply, and mechanical and electrical engineering businesses in Malaysia, Indonesia, and Singapore.

Kumpulan Kitacon Berhad

Market Cap: RM 340.2m

An investment holding company, provides construction services in Malaysia.

Crest Builder Holdings Berhad

Market Cap: RM 99.8m

An investment holding company, operates as a construction, and mechanical and electrical (M&E) engineering contractor in Malaysia.

Kumpulan Fima Berhad

Market Cap: RM 724.4m

An investment holding company, engages in bulking, plantation, food, and manufacturing businesses in Malaysia, Indonesia, and Papua New Guinea.

Supercomnet Technologies Berhad

Market Cap: RM 475.9m

Engages in the manufacture and sale of PVC compounds, and cables and wires for electronic devices and data control switches in Malaysia, the Dominican Republic, the United States, Denmark, Singapore, Taiwan, and Hong Kong.

ES Ceramics Technology Berhad

Market Cap: RM 91.9m

An investment holding company, engages in the manufacturing of ceramic glove former in China, Germany, Malaysia, Mexico, Sri Lanka, Thailand, and the United States.

Resintech Berhad

Market Cap: RM 94.3m

An investment holding company, designs, manufactures, trades, and markets uPVC and polyethylene products in Malaysia, Indonesia, Cambodia, Singapore, and internationally.

TAS Offshore Berhad

Market Cap: RM 84.0m

Engages in the ship building and repairing businesses in Malaysia, Indonesia, and Singapore.

KPS Consortium Berhad

Market Cap: RM 101.6m

An investment holding company, engages in the distribution and retail of wooden doors, plywood, and related building materials in Malaysia.

Jasa Kita Berhad

Market Cap: RM 98.9m

An investment holding company, engages in the manufacturing, assembling, and trading of power tools, electric induction motors, hand tools, and other industrial equipment in Malaysia.

Minox International Group Berhad

Market Cap: RM 63.0m

An investment holding company, engages in the design, development, import, and distribution of stainless steel sanitary valves, tube and fittings, installation components and equipment, and rubber hoses.

Hong Leong Industries Berhad

Market Cap: RM 6.1b

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

Taghill Holdings Berhad

Market Cap: RM 85.6m

Provides construction services for commercial and mixed development projects in Malaysia.

Astino Berhad

Market Cap: RM 239.5m

An investment holding company, manufactures, processes, and sells metal building materials and other steel products in Malaysia, Indonesia, Philippines, and internationally.

Harrisons Holdings (Malaysia) Berhad

Market Cap: RM 445.1m

An investment holding company, markets, sells, and distributes building materials, industrial and agricultural chemical products, liquor products, and consumer goods primarily in Malaysia and Singapore.

Kein Hing International Berhad

Market Cap: RM 123.1m

Engages in sheet metal forming, precision machining, and component assembly services for the components and devices, home appliances, automotive, electrical, and audio-visual industries.