Singaporean Low Leverage High Rewards

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$8.7b

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

Bumitama Agri

Market Cap: S$1.3b

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

UOL Group

Market Cap: S$5.1b

UOL Group Limited (UOL) is a leading Singapore-listed property and hospitality group with total assets of about $23 billion.

AIMS APAC REIT

Market Cap: S$1.1b

Managed by the Manager, AIMS APAC REIT (“AA REIT”) is a real estate investment trust listed on the Mainboard of the SGX-ST since 2007.

BRC Asia

Market Cap: S$845.0m

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

Venture

Market Cap: S$3.3b

Provides technology solutions, products, and services in Singapore, the Asia Pacific, and internationally.

Tat Seng Packaging Group

Market Cap: S$143.8m

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

Samudera Shipping Line

Market Cap: S$449.3m

Engages in the transportation of containerized and non-containerized cargo to various ports in Southeast Asia, the Indian Sub-continent, the Far East, and the Middle East, and internationally.

Multi-Chem

Market Cap: S$281.1m

An investment holding company, distributes information technology (IT) products in Singapore, Australia, India, Vietnam, and internationally.

China Aviation Oil (Singapore)

Market Cap: S$782.8m

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

First Resources

Market Cap: S$2.3b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

CNMC Goldmine Holdings

Market Cap: S$170.2m

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

Banyan Tree Holdings

Market Cap: S$368.4m

Banyan Group (“Banyan Tree Holdings Limited” or the “Group” - SGX: B58) is an independent, global hospitality company with purpose.

Jardine Matheson Holdings

Market Cap: US$13.9b

Through its subsidiaries, 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.

Hong Leong Asia

Market Cap: S$1.2b

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.

Sasseur Real Estate Investment Trust

Market Cap: S$800.5m

Invests in a portfolio of real estate and related assets.

Hongkong Land Holdings

Market Cap: US$12.8b

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

Fraser and Neave

Market Cap: S$1.8b

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

UOB-Kay Hian Holdings

Market Cap: S$1.9b

An investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services.

Singapore Shipping

Market Cap: S$110.2m

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

Sin Heng Heavy Machinery

Market Cap: S$69.6m

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

Far East Hospitality Trust

Market Cap: S$1.1b

Far East H-Trust is a Singapore-Focused Hotel and Serviced Residence Hospitality Trust listed on the Main Board of The Singapore Exchange Securities Trading Limited (“SGX-ST”).

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.

YKGI

Market Cap: S$42.9m

An investment holding company, operates food outlets in Singapore.

OKP Holdings

Market Cap: S$259.4m

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

SUTL Enterprise

Market Cap: S$63.4m

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

Great Eastern Holdings

Market Cap: S$12.2b

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

Lum Chang Holdings

Market Cap: S$136.7m

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

Jardine Cycle & Carriage

Market Cap: S$9.6b

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.

Keppel DC REIT

Market Cap: S$5.3b

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

Choo Chiang Holdings

Market Cap: S$89.3m

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

Sheng Siong Group

Market Cap: S$2.8b

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

XMH Holdings

Market Cap: S$115.1m

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.

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, America, Europe, and internationally.

Medinex

Market Cap: S$29.2m

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