Singaporean Energy Potentially Undervalued Small Caps

Heatec Jietong Holdings

Market Cap: S$8.0m

Provides piping and heat exchanger services for the marine, petrochemical, and oil and gas industries in Singapore, the People’s Republic of China, and the Philippines.

Atlantic Navigation Holdings (Singapore)

Market Cap: S$61.3m

An investment holding company, provides marine logistic services, ship repair, fabrication, and other marine services in Qatar, Saudi Arabia, Oman, and internationally.

CH Offshore

Market Cap: S$29.6m

An investment holding company, owns and charters vessels in Singapore, Malaysia, Indonesia, Mexico, Africa, India, and Brunei.

Mencast Holdings

Market Cap: S$26.8m

An investment holding company, provides engineering and maintenance, repair, and overhaul solutions in Singapore, rest of Asia, and internationally.