Malaysian Capital Goods Potentially Undervalued Small Caps

Chin Well Holdings Berhad

Market Cap: RM 201.3m

Manufactures and supplies carbon steel fastener products in Malaysia, Vietnam, Asia, North America, Europe, the United States, and internationally.

SCC Holdings Berhad

Market Cap: RM 28.9m

An investment holding company, engages in the distribution, marketing, and sale of food service equipment and animal health products in Malaysia.

Flexidynamic Holdings Berhad

Market Cap: RM 39.0m

An investment holding company, engages in the design, engineering, installation, commissioning, and maintenance of glove chlorination systems in Malaysia, Thailand, Vietnam, Indonesia, Sri Lanka, and the United States.

Protasco Berhad

Market Cap: RM 98.8m

An investment holding company, provides infrastructure solutions in Malaysia.

Eversendai Corporation Berhad

Market Cap: RM 226.6m

Provides construction services in the Middle East, India, Southeast Asia, and internationally.

Advance Synergy Berhad

Market Cap: RM 164.4m

An investment holding company, operates in the property development and investment services in Malaysia, Singapore, Africa, the Middle East, Europe, and internationally.

Samchem Holdings Berhad

Market Cap: RM 258.4m

An investment holding company, distributes industrial chemicals in Malaysia, Indonesia, Vietnam, and Singapore.

ES Ceramics Technology Berhad

Market Cap: RM 116.7m

An investment holding company, engages in the manufacturing of ceramic glove former in China, Germany, Malaysia, Mexico, Sri Lanka, Thailand, and the United States.

Gadang Holdings Berhad

Market Cap: RM 132.1m

An investment holding company, engages in civil engineering and construction, property development, water supply, and mechanical and electrical engineering businesses in Malaysia, Indonesia, and Singapore.

PLYTEC Holding Berhad

Market Cap: RM 106.1m

An investment holding company, provides construction engineering solutions and services in Malaysia, Algeria, Australia, Bangladesh, China, Hungary, India, Indonesia, Pakistan, the Philippines, Singapore, Taiwan, Thailand, Uganda, and Uruguay.

Malayan United Industries Berhad

Market Cap: RM 161.3m

An investment holding company, primarily engages in the retailing, hotel, property, food, fast food chain, and financial service businesses in Malaysia, the Asia-Pacific, Australia, North America, and the United Kingdom.

Erdasan Group Berhad

Market Cap: RM 20.6m

An investment holding company, designs, manufactures, and fabricates industrial automation systems, machinery, and industrial and engineering parts.

TAS Offshore Berhad

Market Cap: RM 90.3m

Engages in the ship building and repairing businesses in Malaysia, Indonesia, and Singapore.

Destini Berhad

Market Cap: RM 142.7m

An investment holding company, provides engineering solutions worldwide.

Jasa Kita Berhad

Market Cap: RM 96.7m

An investment holding company, engages in the manufacturing, assembling, and trading of power tools, electric induction motors, hand tools, and other industrial equipment in Malaysia.

Minox International Group Berhad

Market Cap: RM 57.6m

An investment holding company, engages in the design, development, import, and distribution of stainless steel sanitary valves, tube and fittings, installation components and equipment, and rubber hoses.

UMS-Neiken Group Berhad

Market Cap: RM 70.5m

An investment holding company, designs, manufactures, and trades in electrical wiring accessories and related electrical products in Malaysia, Vietnam, and Singapore.

KPS Consortium Berhad

Market Cap: RM 107.3m

An investment holding company, engages in the distribution and retail of wooden doors, plywood, and related building materials in Malaysia.

Astino Berhad

Market Cap: RM 236.3m

An investment holding company, manufactures, processes, and sells metal building materials and other steel products in Malaysia, Indonesia, Philippines, and internationally.

Inspace Creation Berhad

Market Cap: RM 75.7m

An investment holding company, engages in the provision of interior fitting-out services.

Y&G Corporation Bhd

Market Cap: RM 66.6m

An investment holding company, provides property construction and management services in Malaysia.

Gagasan Nadi Cergas Berhad

Market Cap: RM 252.3m

An investment holding company, engages in the development of residential, commercial, and industrial property in Malaysia.

Success Transformer Corporation Berhad

Market Cap: RM 141.6m

An investment holding company, engages in the design, manufacture, marketing, and distribution of electrical apparatus and industrial lighting products in Malaysia, the People’s Republic of China, and internationally.

Ho Wah Genting Berhad

Market Cap: RM 25.9m

An investment holding company, manufactures and sells wires and cables, moulded power supply cord sets, and cable assemblies for electrical and electronic devices and equipment in Malaysia, rest of Asia, and the United States.

Unimech Group Berhad

Market Cap: RM 200.1m

An investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion and engineering equipment, and piping systems in Malaysia, Australia, Indonesia, Singapore, the People's Republic of China, Thailand, Vietnam, the United States, and internationally.

Ta Win Holdings Berhad

Market Cap: RM 36.7m

An investment holding company, manufactures, sells, and trades in copper wires, rods, and related products in Malaysia, Brunei, Hong Kong, China, Vietnam, and internationally.

Dancomech Holdings Berhad

Market Cap: RM 143.8m

Engages in the trading and distribution of process control equipment, measurement instruments, and industrial pumps in Malaysia, Indonesia, and internationally.

White Horse Berhad

Market Cap: RM 103.5m

An investment holding company, engages in the manufacture and distribution of ceramic and homogeneous tiles in Malaysia, Vietnam, Indonesia, the Philippines, Singapore, Thailand, and China.

DKLS Industries Berhad

Market Cap: RM 167.8m

A diversified local conglomerate, engages in the construction, quarrying, property development, property investment, logistics, and supply chain businesses in Malaysia and the Lao People's Democratic Republic.

ARK Resources Holdings Berhad

Market Cap: RM 19.9m

An investment holding company, engages in civil, building construction, and engineering works in Malaysia.

Superlon Holdings Berhad

Market Cap: RM 117.8m

An investment holding company, designs, tests, manufactures, and sells thermal insulation materials in Africa, the United States, Europe, Asia, Malaysia, and Oceania.

ACO Group Berhad

Market Cap: RM 55.6m

An investment holding company, distributes electrical products and accessories for industrial, commercial, and residential use primarily in Malaysia.

Txcd Berhad

Market Cap: RM 48.3m

An investment holding company, engages in the engineering, procurement, construction, and commissioning (EPCC) activities in Malaysia.

Glostrext Berhad

Market Cap: RM 85.5m

An investment holding company, provides geotechnical instrumentation services in Singapore, Malaysia, and Cambodia.

Widad Group Berhad

Market Cap: RM 46.8m

An investment holding company, engages in the construction and integrated facilities management activities in Malaysia.

Texchem Resources Bhd

Market Cap: RM 86.8m

An investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses.