Singaporean Capital Goods Low Leverage High Rewards

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$11.5b

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$960.2m

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

Jardine Matheson Holdings

Market Cap: US$17.1b

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$1.4b

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.

Nordic Group

Market Cap: S$149.4m

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.

OKP Holdings

Market Cap: S$313.1m

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

XMH Holdings

Market Cap: S$128.3m

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.

Jardine Cycle & Carriage

Market Cap: S$10.5b

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.

Lum Chang Holdings

Market Cap: S$151.7m

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

Boustead Singapore

Market Cap: S$742.3m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of Asia Pacific, North and South America, the Middle East, and Africa.