It has been about a year since the start of the US-China trade war, which has caused electronics manufacturers around the world to relook their supply chains as they strive to thrive in uncertain trade policies and economic conditions. On SGX, there are many companies that deal with the manufacturing of high-tech electronics, as well as the provision of information technology solutions. The 20 largest SGX stocks in the IT Sector have a combined market capitalisation of about $15 billion. For many of these companies, the diversified nature of their operations and propriety offerings mean that they are still able to maintain growth. Between January and July 2019, the SGX Information Technology (IT) sector was the best-performing segment, generating a total return of 29.8%, including dividend

While most value investors take interest in companies which possess quality assets that are undervalued by the market, there are investors who have a preference in asset-light businesses. An asset-light business model does not require large capital investment that involve physical assets. This allows the company to focus its limited resources on achieving the best returns by running its operations efficiently, which is also much easier to scale. Moreover, as not much capital expenditure is required, most of the profits can be reinvested into expanding the business or distribute as dividends to reward shareholders. Perhaps the most commonly quoted example of successful asset-light businesses would be none other than Uber. Unlike traditional taxi-operators which own fleets of cabs and driver

As a yearly affair, RHB publishes its research on interesting small cap gems. In summary, the dismal performance in 2018 has led to correction in many small-mid caps, which in turn created opportunities as valuations are now attractive. According to RHB, here are four interesting small caps that investors should be keeping tabs on. Investors Takeaway: 4 Interesting Small Caps That Investors Should Keep Watch By RHB Silverlake Axis Silverlake Axis is a provider of digital economy solutions and services to the banking, insurance, payment, retail, and logistics industries. In 2Q19, Silverlake Axis saw its revenue and net profit grow by double digit figures, thanks to an increase in project-related revenue and recurring revenue. Gross margin also improved from contribution of higher margin