Singaporean Capital Goods Low Leverage High Rewards

Jardine Matheson Holdings

Market Cap: US$22.6b

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.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$15.7b

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

BRC Asia

Market Cap: S$1.2b

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

OKP Holdings

Market Cap: S$408.3m

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

Nam Lee Pressed Metal Industries

Market Cap: S$168.2m

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

Nordic Group

Market Cap: S$201.1m

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.

Lum Chang Holdings

Market Cap: S$187.3m

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

Jardine Cycle & Carriage

Market Cap: S$13.1b

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.

XMH Holdings

Market Cap: S$199.6m

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$44.7m

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

Lum Chang Creations

Market Cap: S$252.0m

Operates as an urban revitalization specialist that offers conservation and restoration works in Singapore and Malaysia.