Singaporean Utilities Potentially Undervalued Companies

China Everbright Water

Market Cap: S$658.0m

Engages in the water environment management business in Mainland China and Germany.

Union Gas Holdings

Market Cap: S$115.9m

An investment holding company, provides fuel products in Singapore and Indonesia.

Concord New Energy Group

Market Cap: S$2.4b

An investment holding company, engages in the generation of power in the People’s Republic of China and internationally.

Sunpower Group

Market Cap: S$396.9m

An investment holding company, engages in the investment, development, and operation of centralized heat, steam, and electricity generation plants in the People’s Republic of China.

SIIC Environment Holdings

Market Cap: S$461.0m

An investment holding company, engages in the wastewater treatment, water supply, sludge treatment, solid waste incineration, and other environment related businesses primarily in the People's Republic of China.

Renaissance United

Market Cap: S$6.2m

An investment holding company, engages in the distribution of gas to household, commercial, and industrial users.

Zheneng Jinjiang Environment Holding

Market Cap: S$846.1m

Engages in the generation and sale of electricity and steam in the People’s Republic of China.

Asiatic Group (Holdings)

Market Cap: S$9.7m

An investment holding company, provides energy services and fire protection solutions in Singapore, Cambodia, and internationally.

Sembcorp Industries

Market Cap: S$10.1b

An investment holding company, engages in providing industrial and urban solutions in Singapore, China, India, Vietnam, the UK, Oman, Rest of Middle East and Rest of Asia, and internationally.