Singaporean Capital Goods Strong Balance Sheet Stocks

Progen Holdings

Market Cap: S$9.4m

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$101.7m

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

Nippecraft

Market Cap: S$14.4m

Engages in trading and sourcing recycled waste, chemicals, papers, paper bags, pulp, and other related materials.

Acesian Partners

Market Cap: S$17.5m

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

BRC Asia

Market Cap: S$858.7m

Engages in the prefabrication of steel reinforcement for use in concrete in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India, and internationally.

GDS Global

Market Cap: S$11.4m

An investment holding company, provides commercial and industrial door and shutter solutions in Singapore, Europe, the Asia Pacific, North America, the Middle East, Hong Kong, Mauritius, East Asia, and internationally.

Fuji Offset Plates Manufacturing

Market Cap: S$11.0m

Provides gravure printing cylinders products and related services in the printing industry Singapore, Malaysia, and internationally.

Ley Choon Group Holdings

Market Cap: S$85.8m

An investment holding company, provides underground utilities infrastructure construction, and road and airfield works services in Singapore and Sri Lanka.

Hor Kew

Market Cap: S$35.1m

An investment holding company, provides various integrated range of construction-related products and services in Singapore.

Sin Heng Heavy Machinery

Market Cap: S$63.6m

Operates as a lifting service provider in Singapore, Indonesia, Malaysia, Myanmar, Taiwan, Japan, and internationally.

Soon Lian Holdings

Market Cap: S$18.9m

An investment holding company, engages in the supply of aluminum alloy products in Singapore, Malaysia, Taiwan, Indonesia, China, and internationally.

Oiltek International

Market Cap: S$184.5m

An investment holding company, engages in the supply and provision of engineering design and commissioning of oil extraction equipment and plant in Asia, America, and Africa.

Nordic Group

Market Cap: S$135.5m

An investment holding company, provides solutions in the areas of system integration, maintenance, repair, overhaul, trading, precision engineering, scaffolding, insulation, petrochemical and environmental engineering, cleanroom, air and water engineering, and engineering and construction services worldwide.

Wee Hur Holdings

Market Cap: S$501.0m

An investment holding company, engages in general building and civil engineering construction business in Singapore and Australia.

Brook Crompton Holdings

Market Cap: S$19.5m

An investment holding company, distributes electric motors in the United Kingdom and Continental Europe, the Asia Pacific, and North America.

Santak Holdings

Market Cap: S$7.5m

An investment holding company, manufactures and sells in precision machined components and related products in Singapore, Thailand, Ireland, the United States, and Malaysia.

Hock Lian Seng Holdings

Market Cap: S$194.4m

An investment holding company, primarily provides civil engineering services to public and private sectors in Singapore.

OKP Holdings

Market Cap: S$196.5m

Together with its subsidiary, operates as a transport infrastructure and civil engineering company in Singapore and Australia.

CFM Holdings

Market Cap: S$16.1m

An investment holding company, designs, fabricates, and sells tools-and-dies used for the manufacture of stamped metal components.

Hiap Seng Industries

Market Cap: S$26.9m

An investment holding company, engages in the provision of engineering, procurement, construction, and plant maintenance services for oil and gas, and energy sectors.

Koh Brothers Eco Engineering

Market Cap: S$115.5m

An investment holding company, provides engineering, procurement, and construction services for infrastructure, water and wastewater treatment, building, biorefinery, and renewable energy projects in Singapore, Malaysia, Indonesia, Africa, and internationally.

Kori Holdings

Market Cap: S$15.0m

An investment holding company, provides civil/structural engineering and infrastructural construction services for commercial, industrial, and public infrastructural construction projects in Singapore and Malaysia.

Jardine Cycle & Carriage

Market Cap: S$10.2b

An investment holding company, engages in providing the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia, Singapore, and Malaysia.

Boustead Singapore

Market Cap: S$516.2m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of the Asia Pacific, North and South America, the Middle East, and Africa.

XMH Holdings

Market Cap: S$80.6m

An investment holding company, provides diesel engine, propulsion, and power generating solutions for customers in the marine and industrial sectors in Singapore, Indonesia, Vietnam, and internationally.

JEP Holdings

Market Cap: S$105.3m

An investment holding company, engages in machining and engineering services in Singapore, the People’s Republic of China, Malaysia, the United States, and Canada, and internationally.

HS Optimus Holdings

Market Cap: S$10.8m

An investment holding company, engages in the manufacture and distribution of doors in Singapore, the United Kingdom, Australia, and Ireland.

Lum Chang Holdings

Market Cap: S$106.8m

Engages in the construction, project management, and property development and investment activities in Singapore and Malaysia.

PEC

Market Cap: S$210.3m

Provides mechanical engineering and contracting services to the oil and gas, energy, petrochemical, pharmaceutical, and oil and chemical terminal industries in Singapore, China, the Middle east, and internationally.

Sarine Technologies

Market Cap: S$75.2m

Develops, manufactures, markets, and sells precision technology products for the planning, processing, evaluation, and measurement of diamonds and gems worldwide.

Asia Enterprises Holding

Market Cap: S$41.3m

An investment holding company, distributes steel products to industrial end-users in Singapore, Indonesia, Malaysia, the Asia Pacific, and internationally.

Fu Yu

Market Cap: S$73.2m

An investment holding company, engages in the manufacture and sub-assembly of precision plastic parts and components in Singapore, Malaysia, and China.

Huationg Global

Market Cap: S$39.9m

An investment holding company, provides civil engineering services for infrastructure projects primarily in Singapore.

Wong Fong Industries

Market Cap: S$35.3m

An investment holding company, provides land transport engineering solutions and systems in Singapore, Malaysia, and Myanmar.

Pan-United

Market Cap: S$443.2m

An investment holding company, engages in the concrete and logistics businesses in Singapore and internationally.

Anchun International Holdings

Market Cap: S$15.5m

An investment holding company, provides integrated chemical systems engineering and technology solutions for petrochemical and chemical industries in the People’s Republic of China.