Singaporean Retail Low Leverage High Rewards

Choo Chiang Holdings

Market Cap: S$92.4m

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

Hour Glass

Market Cap: S$1.4b

An investment holding company, engages in the retailing and distribution of watches, jewellry, and other luxury products in Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam.

Cortina Holdings

Market Cap: S$622.6m

An investment holding company, engages in the distribution and retailing of timepieces and accessories in Singapore, Malaysia, Thailand, Indonesia, Hong Kong, Taiwan, and internationally.

Duty Free International

Market Cap: S$91.1m

An investment holding company, operates as a duty-free retailer under the Zon brand in Malaysia.