Malaysian Materials Potentially Undervalued Companies

Malayan Cement Berhad

Market Cap: RM 9.5b

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.

Ann Joo Resources Berhad

Market Cap: RM 364.9m

An investment holding company, manufactures and trades in iron, steel, and steel related products in Malaysia and Singapore.

Scientex Berhad

Market Cap: RM 5.9b

An investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products.

Thong Guan Industries Berhad

Market Cap: RM 598.7m

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally.

Hume Cement Industries Berhad

Market Cap: RM 2.2b

An investment holding company, manufactures and sells cement, concrete, and related products in Malaysia.

CSC Steel Holdings Berhad

Market Cap: RM 531.8m

An investment holding company, engages in the manufacturing and marketing of steel coils in the Asia Pacific, North America, and Malaysia.

Minho (M) Berhad

Market Cap: RM 98.1m

An investment holding company, engages in the timber industry in Malaysia.

Jaya Tiasa Holdings Berhad

Market Cap: RM 984.3m

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

Southern Steel Berhad

Market Cap: RM 585.4m

An investment holding company, manufactures, sells, and trades in steel bars and related products for the construction, infrastructure, and industrial sectors.

WTEC Group Berhad

Market Cap: RM 52.8m

Manufactures and trades in foam and non-foam products in Malaysia and internationally.

BP Plastics Holding Bhd

Market Cap: RM 197.0m

An investment holding company, manufactures and sells in polyethylene flexible plastics packaging products in Malaysia, rest of Asia, and internationally.

Wang-Zheng Berhad

Market Cap: RM 59.3m

An investment holding company, engages in the manufacture, processing, and distribution of fiber-based products in Malaysia, rest of Asia, Africa, and Oceania.

Mycron Steel Berhad

Market Cap: RM 85.0m

An investment holding company, manufactures, trades in, and sells mid-stream steel cold rolled coils and steel tubes in Malaysia.

LB Aluminium Berhad

Market Cap: RM 213.1m

Manufactures and trades in aluminum extrusion and other products worldwide.

Analabs Resources Berhad

Market Cap: RM 189.9m

An investment holding company, manufactures, formulates, and sells resins, chemicals, and building materials in Malaysia, rest of Asia, and internationally.

RGT Berhad

Market Cap: RM 68.5m

An investment holding company, designs, manufactures, and sells moulded plastic products in Malaysia, North America, Europe, Asia, and internationally.

DS Sigma Holdings Berhad

Market Cap: RM 122.4m

An investment holding company, engages in manufacturing, supplying, and trading of packaging materials and paper products in Malaysia.

Subur Tiasa Holdings Berhad

Market Cap: RM 139.5m

An investment holding company, engages in the extraction and sale of logs in Malaysia, India, Japan, South Korea, Taiwan, and internationally.

Public Packages Holdings Berhad

Market Cap: RM 173.4m

An investment holding company, engages in the production and sale of paper packaging products in Malaysia, the Asia Pacific, Europe, the United States, and internationally.

PETRONAS Chemicals Group Berhad

Market Cap: RM 36.2b

An investment holding company, engages in production and sale of chemicals.

CYL Corporation Berhad

Market Cap: RM 29.5m

An investment holding company, manufactures and supplies plastic packaging products and moulds in Malaysia and internationally.

OKA Corporation Bhd

Market Cap: RM 106.7m

An investment holding company, engages in the manufacturing and selling of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia.

Quality Concrete Holdings Berhad

Market Cap: RM 64.9m

An investment holding company, engages in the manufacture and sale of ready-mixed concrete in Malaysia.

Mentiga Corporation Berhad

Market Cap: RM 53.9m

An investment holding company, engages in the oil palm plantation business in Malaysia.

Tek Seng Holdings Berhad

Market Cap: RM 92.0m

An investment holding company, manufactures and trades in polyvinyl chloride (PVC) related products and polypropylene (PP) non-woven products.

Cropmate Berhad

Market Cap: RM 136.5m

Through its subsidiary, Cropmate Fertilizer Sdn.

Seng Fong Holdings Berhad

Market Cap: RM 483.5m

An investment holding company, manufacturers and sells tyre producers, vehicle parts manufacturers, rubber traders, and industrial rubber in Malaysia, rest of Asia, Europe, and Oceania.

Prestar Resources Berhad

Market Cap: RM 106.7m

An investment holding company, manufactures and trades in steel related products primarily in Malaysia.

Perusahaan Sadur Timah Malaysia (Perstima) Berhad

Market Cap: RM 111.0m

Manufactures and sells tinplates and tin-free steel products in Malaysia, Vietnam, the Philippines, and internationally.

Melewar Industrial Group Berhad

Market Cap: RM 46.7m

An investment holding company, engages in manufacturing and trading of steel and iron products in Malaysia and internationally.

Tomypak Holdings Berhad

Market Cap: RM 58.2m

An investment holding company, engages in the manufacture and marketing of flexible and industrial packaging materials for food and beverage companies in Malaysia and internationally.

Karyon Industries Berhad

Market Cap: RM 66.6m

An investment holding company, manufactures and trades polymeric products in Malaysia, rest of Asia, and internationally.

HeveaBoard Berhad

Market Cap: RM 59.4m

An investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products.

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.

KYM Holdings Bhd

Market Cap: RM 39.7m

An investment holding company, manufactures and sells paper packaging products in Malaysia, Thailand, Mauritius, Singapore, and Sweden.

Southern Acids (M) Berhad

Market Cap: RM 430.0m

An investment holding company, engages in the manufacture and trading of oleochemical products in Malaysia, Indonesia, Asia, Europe, the United States, and internationally.