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13 Apr 2026
At 3.1x P/E, Isn't This Company A Value Play in S'pore Construction Boom?
Singapore's construction sector is riding a massive wave of public and private demand, leading to construction stocks soaring.
There are two Singapore-based construction companies operating largely in similar niches -- yet their stock performances and valuations are poles apart because while one is listed on SGX, the other is on HKSE (where the Singapore construction theme has not really taken hold among investors).
They are Chuan Holdings (SEHK: 1420) and Reclaims Global (SGX Catalist).
Let's check out their full-year numbers that were released last week.