Singaporean Potentially Undervalued Companies

Keppel DC REIT

Market Cap: S$4.7b

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

Q & M Dental Group (Singapore)

Market Cap: S$275.2m

An investment holding company, provides private dental healthcare services in Singapore, Malaysia, China, and internationally.

PTT Exploration and Production

Market Cap: S$389.1b

Engages in the exploration and production of petroleum in Thailand and internationally.

CapitaLand India Trust

Market Cap: S$1.3b

CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia.

China Sunsine Chemical Holdings

Market Cap: S$514.8m

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

Manulife US Real Estate Investment Trust

Market Cap: US$113.7m

Manulife US Real Estate Investment Trust (“Manulife US REIT” or “MUST”) is the first pure-play U.S.

HSBC Holdings

Market Cap: S$146.2b

Engages in the provision of banking and financial products and services worldwide.

Yanlord Land Group

Market Cap: S$917.5m

Operates as a real estate developer in the People's Republic of China, Singapore, and internationally.

Beng Kuang Marine

Market Cap: S$38.0m

An investment holding company, provides infrastructure engineering and corrosion prevention services in Singapore, Asia, Europe, the Middle East, and internationally.

Tiong Woon Corporation Holding

Market Cap: S$134.5m

An investment holding company, provides integrated services for the oil and gas, petrochemical, infrastructure, and construction sectors.

Golden Agri-Resources

Market Cap: S$3.1b

An investment holding company, operates as an integrated palm oil plantation company in Europe, China, India, Pakistan, the Middle East, and the United States.

China Kangda Food

Market Cap: S$24.9m

An investment holding company, produces, processes, sells, and distributes food products in the People’s Republic of China.

Halcyon Agri

Market Cap: S$654.0m

Halcyon Agri Corporation Limited, an investment holding company, originates, produces, and distributes natural rubber products in Singapore, China, the United States, Canada, Europe, rest of Asia, and internationally.

AMTD IDEA Group

Market Cap: S$97.1m

An investment holding company, provides capital market solutions in China, Hong Kong, Europe, the United States, and internationally.

China Yuanbang Property Holdings

Market Cap: S$10.5m

An investment holding company, develops, manages, markets, and sells residential and commercial properties in the People's Republic of China.

Hong Leong Asia

Market Cap: S$808.0m

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.

Kencana Agri

Market Cap: S$29.8m

Operates as a plantation company in Indonesia, Malaysia, and internationally.

GSS Energy

Market Cap: S$9.6m

An investment holding company, engages in the precision engineering business in Singapore, Indonesia, China, Thailand, and internationally.

Envictus International Holdings

Market Cap: S$92.8m

An investment holding company, engages in the sale of food and beverage products in Malaysia, Africa, ASEAN countries, and the United States.

F J Benjamin Holdings

Market Cap: S$11.9m

An investment holding company, engages in the brand building and management, and development of retail and distribution networks for international luxury and lifestyle brands in Southeast Asia.

Mary Chia Holdings

Market Cap: S$6.9m

An investment holding company, provides lifestyle and wellness products and services in Singapore and Malaysia.

Aoxin Q & M Dental Group

Market Cap: S$15.3m

An investment holding company, provides private dental healthcare services in the People’s Republic of China.

Keong Hong Holdings

Market Cap: S$21.6m

An investment holding company, engages in the building construction, and property and hotel development activities in Singapore and Maldives.

PSC

Market Cap: S$185.4m

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

Katrina Group

Market Cap: S$9.1m

An investment holding company, owns and operates restaurants and cafes.

Sing Investments & Finance

Market Cap: S$255.4m

Provides f financial products and services to individuals and corporations in Singapore.

Atlantic Navigation Holdings (Singapore)

Market Cap: S$34.6m

An investment holding company, provides marine logistics, ship repair, fabrication, and other marine services in Qatar, Saudi Arabia, Oman, and internationally.

Indofood Agri Resources

Market Cap: S$446.7m

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

Heatec Jietong Holdings

Market Cap: S$3.1m

Engages in the provision of piping and heat exchanger services for the marine, petrochemical, oil & gas industries in Singapore, People’s Republic of China, and the Philippines.

Shanghai Turbo Enterprises

Market Cap: S$335.7k

An investment holding company, engages in the production and sale of vane products in China, Korea, and Japan.

MSM International

Market Cap: S$3.1m

An integrated metal engineering company, engages in contract manufacturing, selling, trading, and servicing kitchen equipment products and various metal parts in Malaysia, Vietnam, Singapore, Indonesia, and internationally.

Yangzijiang Shipbuilding (Holdings)

Market Cap: CN¥8.9b

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

Far East Group

Market Cap: S$6.8m

Distributes refrigeration and air-conditioning systems and products for the heating, ventilation, air-conditioning, and refrigeration industry in Singapore, Malaysia, Indonesia, Hong Kong, Macau, People’s Republic of China, Vietnam, Thailand, Myanmar, Cambodia, the Philippines, Mauritius, Sri Lanka, Turkey, Australia, and internationally.

Yunnan Energy International

Market Cap: S$192.8m

An investment holding company, distributes analytical and laboratory instruments, and life science equipment in the People’s Republic of China, rest of Asia, and internationally.

AnAn International

Market Cap: S$25.4m

An investment holding company, trades in petrochemical, fuel oil, and petroleum products in Europe, Singapore, Hong Kong, and the People’s Republic of China.

KOP

Market Cap: S$49.9m

An investment holding company, operates as a real estate development and entertainment company in Singapore, Indonesia, and the United Kingdom.