Global Capital Goods Strong Balance Sheet Stocks

E-Commodities Holdings

Market Cap: HK$2.2b

Engages in the processing and trading of coal and other products.

REM Group (Holdings)

Market Cap: HK$86.4m

An investment holding company, engages in the manufacture and sale of low-voltage electrical power distribution and control devices in Hong Kong, Macau, and the Mainland China.

Tien Phong Plastic

Market Cap: ₫10.6t

Manufactures and trades in plastic pipes and fittings for civil and industrial use in Vietnam.

Lee Kee Holdings

Market Cap: HK$162.4m

An investment holding company, engages in the trading of non-ferrous metals in Hong Kong and Mainland China.

PC3 - Investment

Market Cap: ₫563.4b

Engages in the construction and installation of civil, industrial, irrigation, hydropower, transportation, post and telecommunications, power transmission and distribution lines, transformer stations, water supply, and drainage works.

Tin Nghia Industrial Park Development

Market Cap: ₫1.3t

Engages in the construction investment, industrial park infrastructure, and real estate business in Vietnam.

Wuxi Sunlit Science and Technology

Market Cap: HK$326.4m

Engages in the research and development, design, manufacture, supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People’s Republic of China.

CSC Holdings

Market Cap: HK$591.2m

An investment holding company, engages in the money lending, investment in securities, trading, and securities brokerage business in Hong Kong.

Thanh Dat Investment Development

Market Cap: ₫1.4t

Engages in the construction of civil, traffic, irrigation, and industrial works.

Grandshores Technology Group

Market Cap: HK$113.5m

An investment holding company, provides integrated building services in Singapore, Hong Kong, and the People’s Republic of China.

Deep Source Holdings

Market Cap: HK$9.4b

An investment holding company, engages in the processing, distribution, and trading of bulk commodities and related products in the People’s Republic of China, Hong Kong, and Singapore.

Inch Kenneth Kajang Rubber

Market Cap: RM 151.5m

An investment holding company, engages in the oil palm plantation and block rubber manufacturing businesses, hotel and resort operations, and property development and leasing activities in Malaysia and Thailand.

Samchem Holdings Berhad

Market Cap: RM 204.0m

An investment holding company, distributes industrial chemicals in Malaysia, Indonesia, Vietnam, and Singapore.

UEM Edgenta Berhad

Market Cap: RM 677.8m

An investment holding company, provides asset management and infrastructure solutions in Malaysia, the Middle East, Indonesia, Singapore, Taiwan, and India.

MMS Ventures Berhad

Market Cap: RM 92.3m

An investment holding company, manufactures and sells automated systems and machinery for LED, semiconductor, and the OEM/ODM markets in Malaysia, the United States, Europe, Asia, and Australia.

Hong Leong Asia

Market Cap: S$1.8b

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.

BCM Alliance Berhad

Market Cap: RM 10.2m

An investment holding company, distributes commercial laundry equipment, medical devices, and healthcare products in Malaysia and internationally.

Acesian Partners

Market Cap: S$16.1m

Provides environmental solutions and integrated services to the semiconductor, healthcare, electric vehicles battery, wastewater treatment, chemical, pharmaceutical, and biotechnological industries in Singapore and Malaysia.

Force Motors

Market Cap: ₹234.0b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Pintaras Jaya Berhad

Market Cap: RM 248.8m

An investment holding company, engages in undertaking piling contracts, civil engineering, and building construction works in Malaysia and Singapore.

Progen Holdings

Market Cap: S$11.3m

An investment holding company, engages in the design, supply, installation, and maintenance of air-conditioning and mechanical ventilation systems primarily in Singapore.

HG Metal Manufacturing

Market Cap: S$147.0m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

United U-LI Corporation Berhad

Market Cap: RM 372.4m

An investment holding company, manufactures and trades in steel cable support systems, cable management systems, integrated ceiling systems, building materials, fluorescent light fittings, and LED products in Malaysia and internationally.

Luxchem Corporation Berhad

Market Cap: RM 416.9m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Ameya Precision Engineers

Market Cap: ₹757.9m

Manufactures and sells engineering components in India.

Action Construction Equipment

Market Cap: ₹132.6b

Manufactures and sells material handling and construction equipment primarily in India and internationally.

Rajasthan Cylinders and Containers

Market Cap: ₹126.1m

Does not have significant operations.

AVI Polymers

Market Cap: ₹58.1m

Engages in the trading of chemicals primarily in India.

Saha-Union

Market Cap: ฿8.8b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

L.G. Balakrishnan & Bros

Market Cap: ₹44.6b

Manufactures and sells chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

Kirloskar Pneumatic

Market Cap: ₹79.9b

Engages in the design, manufacture, supply, and sale of industrial air compressors, gas compressors, and pneumatic tools in India and internationally.

KSB

Market Cap: ₹147.3b

Manufactures and sells power-driven pumps and industrial valves in India and internationally.

Guangdong Syntrust GK Testing and Certification Tech Service Center

Market Cap: HK$310.8m

Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd.

Austin Engineering

Market Cap: ₹548.3m

Manufactures and sells bearings and its components in India and internationally.

Standard Batteries

Market Cap: ₹297.3m

Does not have significant operations.

Sahamit Machinery

Market Cap: ฿2.0b

Imports and distributes materials, machinery, and appliances for industries in Thailand.