Singaporean Low Leverage High Rewards

Jardine Matheson Holdings

Market Cap: US$21.8b

Operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.

Bumitama Agri

Market Cap: S$2.8b

An investment holding company, engages in the production and trading of crude palm oil (CPO) and palm kernel (PK) in Indonesia.

Singapore Exchange

Market Cap: S$20.9b

An investment holding, engages in the operation of integrated securities and derivatives exchange, related clearing houses, and an electricity market in Singapore.

Choo Chiang Holdings

Market Cap: S$91.5m

An investment holding company, operates as a retailer and distributor of electrical products and accessories in Singapore.

Samudera Shipping Line

Market Cap: S$548.8m

Owns and operates ocean-going ships in Southeast Asia, the Indian Sub-continent, the Far East, the Middle East, and internationally.

Indofood Agri Resources

Market Cap: S$551.4m

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

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$15.2b

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

Sasseur Real Estate Investment Trust

Market Cap: S$803.1m

Invests in a portfolio of real estate and related assets.

Singapura Finance

Market Cap: S$128.5m

Provides finance services in Singapore.

Hongkong Land Holdings

Market Cap: US$16.9b

Engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally.

China Aviation Oil (Singapore)

Market Cap: S$1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Centurion

Market Cap: S$1.2b

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

VICOM

Market Cap: S$624.0m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

CNMC Goldmine Holdings

Market Cap: S$555.2m

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

Singapore Shipping

Market Cap: S$122.2m

An investment holding company, owns and manages ships in Singapore, Japan, and internationally.

BRC Asia

Market Cap: S$1.3b

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

Fraser and Neave

Market Cap: S$2.1b

Engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally.

Audience Analytics

Market Cap: S$61.7m

Audience Analytics Limited creates content and brands in Singapore, Cambodia, China, Hong Kong, India, Indonesia, Macau, Malaysia, the Philippines, South Korea, Sri Lanka, Taiwan, Thailand, the United Arab Emirates, and Vietnam.

Nordic Group

Market Cap: S$191.2m

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.

SUTL Enterprise

Market Cap: S$76.4m

An investment holding company, develops, operates, and consults integrated marinas in Singapore and Malaysia.

Singapore Airlines

Market Cap: S$20.8b

Together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, Europe, South West Pacific, the Americas, West Asia and Africa, and internationally.

Nam Lee Pressed Metal Industries

Market Cap: S$156.1m

Engages in the design, fabrication, supply, and installation of steel and aluminum products in Singapore and Malaysia.

OKP Holdings

Market Cap: S$357.2m

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

Sheng Siong Group

Market Cap: S$4.1b

An investment holding company, operates a chain of supermarket retail stores in Singapore.

Lum Chang Holdings

Market Cap: S$192.9m

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

PC Partner Group

Market Cap: S$508.1m

An investment holding company, designs, develops, manufactures, and sells computer electronics.

Great Eastern Holdings

Market Cap: S$14.9b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Lendlease Global Commercial REIT

Market Cap: S$1.6b

Listed on 2 October 2019, Lendlease Global Commercial REIT (Lendlease REIT) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income producing real estate assets located globally, which are used primarily for retail and/or office purposes.

China Sunsine Chemical Holdings

Market Cap: S$586.3m

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

HC Surgical Specialists

Market Cap: S$56.7m

An investment holding company, provides medical services primarily in Singapore.

Jardine Cycle & Carriage

Market Cap: S$13.9b

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.

Medinex

Market Cap: S$30.9m

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

XMH Holdings

Market Cap: S$207.2m

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

Wong Fong Industries

Market Cap: S$43.2m

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

QAF

Market Cap: S$581.0m

An investment holding company, engages in the manufacture and distribution of bread, bakery, and confectionery products in Singapore, Australia, the Philippines, Malaysia, and internationally.

Tat Seng Packaging Group

Market Cap: S$193.4m

Designs, manufactures, and sells corrugated paper products and other packaging products in Singapore and the People's Republic of China.