Singapore Capital Goods Potentially Undervalued Companies

Sapphire Corporation Limited, an investment management and holding company, engages in the engineering, procurement, and construction (EPC) business in Singapore, China, Bangladesh, India, Sri Lanka, and Australia.

Huationg Global Limited, an investment holding company, provides civil engineering services for infrastructure projects primarily in Singapore.

MSM International Limited, an integrated metal engineering company, engages in contract manufacturing, selling, trading, and servicing kitchen equipment products and various metal products.

Hiap Tong Corporation Ltd., together with its subsidiaries, provides hydraulic lifting and haulage services to marine, petrochemical, and construction industries in Singapore.

Acesian Partners Limited supplies and installs environment-control exhaust systems in Singapore.

Sunpower Group Ltd. provides environmental protection solutions in the People’s Republic of China, Canada, the United States, South East Asia, the Middle East, Europe, and Oceania.

JEP Holdings Ltd., an investment holding company, engages in precision machining, equipment manufacturing, and trading and other businesses.

InnoTek Limited, an investment holding company, operates as a precision metal components manufacturer in Singapore, the People’s Republic of China, and Thailand.

Keong Hong Holdings Limited, an investment holding company, engages in the building construction, and property and hotel development activities in Singapore, Japan, and the Maldives.

Lian Beng Group Ltd, an investment holding company, engages in the construction business in Singapore and Australia.

Lum Chang Holdings Limited, an investment holding company, engages in the construction, project management, and property development and investment activities in Singapore, Malaysia, and the United Kingdom.

Yongmao Holdings Limited, an investment holding company, designs, develops, manufactures, sells, rents, and services construction machineries, tower cranes, and tower crane related components and accessories.

Boustead Singapore Limited, an investment holding company, provides energy-related engineering, real estate, and geospatial and healthcare technology solutions in Africa, the Asia Pacific, Australia and Oceania, Europe, the Middle East, and North and South America.

Boustead Projects Limited, together with its subsidiaries, provides real estate solutions for multinational corporations and local enterprises in Singapore, Malaysia, China, and Vietnam.

Sembcorp Industries Ltd, an investment holding company, engages in the utilities, marine, urban development, and other businesses.

Spindex Industries Limited, together with its subsidiaries, engages in the manufacture, import, export, and trade of mechanical, electrical, electronic, and precision machine parts, as well as other engineering materials.