Singaporean Potentially Undervalued Companies

ISOTeam

Market Cap: S$63.7m

Operates in the building maintenance and estate upgrading industry in Singapore.

LHN

Market Cap: S$254.3m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

CapitaLand Ascendas REIT

Market Cap: S$11.8b

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust.

Starhill Global Real Estate Investment Trust

Market Cap: S$1.3b

A Singapore-based real estate investment trust investing primarily in real estate used for retail and office purposes, both in Singapore and overseas.

ESR-REIT

Market Cap: S$1.9b

A leading New Economy and future-ready Asia Pacific S-REIT.

Soilbuild Construction Group

Market Cap: S$651.9m

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

Prudential

Market Cap: US$26.8b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Mapletree Industrial Trust

Market Cap: S$5.6b

A real estate investment trust (“REIT”) listed on the Main Board of Singapore Exchange.

Top Glove Corporation Bhd

Market Cap: S$4.5b

An investment holding company, engages in the manufacture, trade, and sale of gloves in Malaysia, Thailand, the People’s Republic of China, and internationally.

KORE US REIT

Market Cap: US$208.9m

A distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited on 9 November 2017.

China Aviation Oil (Singapore)

Market Cap: S$1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Daiwa House Logistics Trust

Market Cap: S$360.9m

A Singapore real estate investment trust (REIT) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia.

Singapore Telecommunications

Market Cap: S$82.2b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

CapitaLand China Trust

Market Cap: S$1.1b

CapitaLand China Trust (CLCT) is Singapore’s largest China-focused real estate investment trust (REIT).

Hong Leong Asia

Market Cap: S$2.1b

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$860.0m

Invests in a portfolio of real estate and related assets.

Indofood Agri Resources

Market Cap: S$537.4m

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

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$16.0b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

CNMC Goldmine Holdings

Market Cap: S$725.5m

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

Nam Cheong

Market Cap: S$565.4m

An investment holding company, provides shipbuilding and vessel chartering.

Keppel REIT

Market Cap: S$4.6b

Keppel REIT is one of Asia’s leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific’s key business districts.

Kasikornbank

Market Cap: S$445.5b

Provides commercial banking products and services in Thailand and internationally.

BRC Asia

Market Cap: S$1.2b

Engages in the prefabrication of steel reinforcement for use in concrete in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India, and internationally.

NTT DC REIT

Market Cap: US$989.0m

Primarily invests in data center assets owned and operated by NTT DATA.

Nordic Group

Market Cap: S$189.2m

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.

Pacific Radiance

Market Cap: S$119.3m

An investment holding company, provides integrated offshore and marine services.

Meituan

Market Cap: S$477.8b

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Digital Core REIT

Market Cap: US$652.0m

A leading pure-play data centre Singapore REIT listed on the Main Board of the Singapore Exchange Securities Trading Limited and sponsored by Digital Realty, the largest global data centre owner and operator.

Marco Polo Marine

Market Cap: S$589.9m

Operates as an integrated marine logistic company in Singapore, Indonesia, Taiwan, Thailand, Malaysia, and internationally.

Thai Beverage

Market Cap: S$11.1b

Produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, Malaysia, Myanmar, Singapore, and internationally.

Zixin Group Holdings

Market Cap: S$60.3m

An investment holding company, engages in the research and development, cultivation, production, supply, and sale of sweet potato snack food products in the People’s Republic of China.

Mapletree Pan Asia Commercial Trust

Market Cap: S$7.2b

A real estate investment trust positioned to be the proxy to key gateway markets of Asia.

Keppel DC REIT

Market Cap: S$5.5b

Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia.

China Sunsine Chemical Holdings

Market Cap: S$634.0m

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

Bank of China

Market Cap: S$1.8t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.