RHB lists '25 jewels' in small-cap stocks

Singapore

UNDER-RESEARCHED stocks from various sectors including those from the real estate investment trust (Reit) and consumer segments have made their way into the list of top 25 small-cap companies compiled by RHB Research.

The small caps, defined as those with market caps of up to about S$2 billion, are listed in RHB's 2016 edition of "Top Singapore Small Cap Companies (25 Jewels)." They include China Aviation Oil Singapore (CAO), Fu Yu, IPS Securex and Sinarmas Land. CAO, the largest physical jet fuel trader and the sole supplier of imported jet fuel for China's civil aviation industry, was cited for its "excellent proxy to China's global aviation traffic boom".