Singaporean Materials Potentially Undervalued Companies

China Sunsine Chemical Holdings

Market Cap: S$724.6m

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

Siam Cement

Market Cap: S$264.0b

Operates in the cement and building materials, chemicals, and packaging businesses in Thailand and internationally.

NSL

Market Cap: S$341.8m

An investment holding company, engages in the manufacture and sale of building materials, oil and petroleum related products in Singapore, Malaysia, the United Arab Emirates, Finland, Norway, Germany, and internationally.

EnGro

Market Cap: S$123.5m

An investment holding company, engages in the manufacture and sale of building materials and specialty polymers in Singapore, Malaysia, the People’s Republic of China, and internationally.

Tat Seng Packaging Group

Market Cap: S$142.3m

Designs, manufactures, and sells corrugated paper products and other packaging products in Singapore and the People's Republic of China.

Avarga

Market Cap: S$213.5m

An investment holding company, manufactures and sells paper products in Canada, the United States, Malaysia, Singapore, Sri Lanka, and internationally.

CNMC Goldmine Holdings

Market Cap: S$571.5m

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

PSC

Market Cap: S$209.9m

Supplies provisions and household consumer products in Singapore, Malaysia, China, and internationally.

Malaysia Smelting Corporation Berhad

Market Cap: S$1.4b

An investment holding company, engages in the smelting tin concentrates and tin bearing materials primarily in Malaysia.