Singaporean Capital Goods Low Leverage High Rewards

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$8.8b

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$869.7m

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

Hong Leong Asia

Market Cap: S$815.5m

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.

Jardine Matheson Holdings

Market Cap: US$13.0b

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.

Sin Heng Heavy Machinery

Market Cap: S$65.3m

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

OKP Holdings

Market Cap: S$202.6m

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

Nordic Group

Market Cap: S$139.5m

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.

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.

Wong Fong Industries

Market Cap: S$37.1m

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

Anchun International Holdings

Market Cap: S$15.9m

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

Spindex Industries

Market Cap: S$100.4m

Engages in the manufacture, import, export, and trade of mechanical, electrical, electronic, and precision machine parts.