Singaporean Insider-Bought Value Plays

CNMC Goldmine Holdings

Market Cap: S$216.8m

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

Centurion

Market Cap: S$1.5b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Daiwa House Logistics Trust

Market Cap: S$399.0m

Daiwa House Logistics Trust (“DHLT”) is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia.

Zixin Group Holdings

Market Cap: S$49.3m

An investment holding company, engages in the research and development, cultivation, production, supply, and sale of sweet potato snack food products in the People’s Republic of China.

Beng Kuang Marine

Market Cap: S$52.9m

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

Aoxin Q & M Dental Group

Market Cap: S$26.6m

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

Heatec Jietong Holdings

Market Cap: S$3.9m

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

Union Gas Holdings

Market Cap: S$135.0m

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

Atlantic Navigation Holdings (Singapore)

Market Cap: S$41.4m

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

Far East Group

Market Cap: S$11.4m

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.

China International Holdings

Market Cap: S$3.3m

An investment holding company, engages in the water supply services and land development businesses in the People’s Republic of China.

BBR Holdings (S)

Market Cap: S$66.1m

An investment holding company, engages in construction business in Singapore, Malaysia, and Thailand.

Hyphens Pharma International

Market Cap: S$105.0m

Operates as a specialty pharmaceutical and consumer healthcare company primarily in Singapore, Vietnam, Malaysia, and internationally.

KOP

Market Cap: S$49.9m

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

Hor Kew

Market Cap: S$62.0m

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

Nam Cheong

Market Cap: S$274.7m

An investment holding company, provides shipbuilding and vessel chartering.

Raffles Infrastructure Holdings

Market Cap: S$2.4m

Raffles Infrastructure Holdings Limited, an investment holding company, invests in infrastructure projects in the People’s Republic of China, Singapore, and internationally.

Acrophyte Hospitality Trust

Market Cap: US$171.1m

Listed on the Singapore Exchange on 9 May 2019, Acrophyte Hospitality Trust (“ACRO-HT”) is a hospitality stapled group comprising Acrophyte Hospitality Property Trust and Acrophyte Hospitality Management Trust.

Wee Hur Holdings

Market Cap: S$680.2m

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

Medinex

Market Cap: S$29.8m

An investment holding company, provides professional support services to medical clinics in Singapore.

Kingsmen Creatives

Market Cap: S$102.0m

An investment holding company, engages in the provision of corporate marketing and related services in South Asia, North Asia, the Middle East, the United States, Canada, Europe, and internationally.

Boustead Singapore

Market Cap: S$806.3m

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.

MeGroup

Market Cap: S$6.8m

Through its subsidiaries, primarily engages in the automobile dealership business in Malaysia.

Hour Glass

Market Cap: S$1.3b

An investment holding company, engages in the retailing and distribution of watches, jewellry, and other luxury products in Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam.

GKE

Market Cap: S$74.0m

An investment holding company, provides warehousing and logistic services in Singapore and the People’s Republic of China.

International Cement Group

Market Cap: S$114.7m

Engages in the production, sale, and distribution of cement, gypsum plasterboards, and related products in Singapore, Malaysia, Afghanistan, Tajikistan, Kazakhstan, and internationally.

Alliance Healthcare Group

Market Cap: S$27.2m

An investment holding company, provides corporate health solutions in Singapore.

ValueMax Group

Market Cap: S$678.0m

An investment holding company, engages in the pawnbroking, moneylending, jewelry and watches retailing, and gold trading businesses primarily in Singapore.

Azeus Systems Holdings

Market Cap: S$480.0m

An investment holding company, provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.