Southeast Asia Stock Index

Southeast Asia stock index. 🏛️ State owned 👼🏻 ESG friendly 🅿️ Preference shares available 🌐🌏 Global/regional operations or part of global/regional supply chains

This post is an index for all Southeast Asia stocks covered and tagged under our EM Stock Pick Tear Sheets (plus additional untagged stocks) organized as follows:

• Asia

  • SE Asia (4)

    • 🇰🇭 Cambodia (3)

    • 🇮🇩 Indonesia (121)

    • 🇲🇾 Malaysia (98)

    • 🇲🇲 Myanmar (1)

    • 🇵🇬 Papua New Guinea (11)

    • 🇵🇭 Philippines (51)

    • 🇸🇬 Singapore (204)

    • 🇹🇭 Thailand (129)

    • 🇻🇳 Vietnam (97)

Note: The links above to the relevant post sections below will only work for paid subscribers.

And for individual stocks:

• 🌐🌏 etc. This is fairly subjective as, for example, many stocks are part of global supply chains rather than domestic companies.

• 🏛️ State owned, controlled, or influenced companies.

• 👼🏻 ESG friendly stock e.g. renewable energy. This is fairly subjective.

• 🅿️ Preference shares available (Note: I don’t see a comprehensive list of preference shares or preferred stocks readily available on the Internet…).

• A very short description of the stock with links to the IR page and stock quote(s) on Yahoo! Finance or other sites.

• Any Wikipedia page (denoted by 🇼) and a Substack stock tag link (denoted by 🏷️) linked to any post under EM Stock Pick Tear Sheets.

• Titles linked to any good or in-depth research (🗃️ denotes an archived piece) from funds etc covering the stock or our posts (denoted by ✅).

* Substack search leaves much to be desired. Inputting common terms or names (e.g. Holdings, etc.) will lead to a broad range of irrelevant results. Inputting a stock ticker (e.g. those that are numbers, etc) without the exchange abbreviation can come up with better Substack search results.

And as always, this post is provided for informational purposes only (and to make your life easier…). It does not constitute investment advice and/or a recommendation…

The goal is to build up a database or index of international, frontier, and emerging market stocks that have research available or are owned by international stock funds.

This means there is considerable room for improvement for these index posts over the coming months e.g. adding an icon link to any Wikipedia page (e.g. via an icon) as such pages usually mention any scandals or problems a stock may have add; tagging and adding additional stocks from 2023 EM Fund Stock Picks posts; organizing stocks by industry for countries that have many stocks covered, etc.

---

Asia

---

SE Asia

Tags: Southeast Asia

• List of Asian stock exchanges - Southeast Asia (🇼)

---

• Pangolin Asia Fund

---

1. 🌏 Astra International (IDX: ASII / FRA: ASJA / OTCMKTS: PTAIF) - Largest independent auto group in SE Asia. 🇼 🏷️

2. 🌏 COSCO Shipping International (Singapore) Co Ltd (SGX: F83) - Integrated logistics services (dry bulk shipping, ship repair, marine engineering & property management) in South & SE Asia. 🇼

3. 🌏 Jadestone Energy PLC (LON: JSE / FRA: 8KW / OTCMKTS: JDSEF) - Independent upstream company focused on the Asia-Pacific region.

4. 🌏 Jardine Cycle & Carriage (SGX: C07 / FRA: CYC) - SE Asia focused investment holding company under Jardine Matheson (SGX: J36 / FRA: H4W / OTCMKTS: JARLF). 50.1% interest in Astra International (IDX: ASII / FRA: ASJA / OTCMKTS: PTAIF) - largest independent auto group in SE Asia. Vietnam: 26.6% in Truong Hai Group Corporation (THACO), 34.8% in Refrigeration Electrical Engineering Corp (HOSE: REE) & 10.6% in Vietnam Dairy Products (HOSE: VNM) or Vinamilk. Thailand: 25.5% of Siam City Cement (SCCC) (BKK: SCCC / OTCMKTS: SICUF). Cycle & Carriage + 49.9%-owned Tunas Ridean in Indonesia. 🇼 🏷️

---

🇰🇭 Cambodia

• Cambodia Securities Exchange (CSX)

• Cambodia Securities Exchange (CSX) (🇼)

• List of companies of Cambodia (🇼)

---

1. 🇰🇭🏛️ Phnom Penh Autonomous Port (CSX: PPAP) - State-owned river quay in Cambodia. International & the largest freshwater autonomous port in Cambodia. 🏷️

2. 🇰🇭 Sihanoukville Autonomous Port (CSX: PAS) - Main deep sea port of Cambodia. 🇼 🏷️

3. 🇰🇭 🇭🇰 NagaCorp (HKG: 3918 / FRA: N9J / OTCMKTS: NGCRF) - Monopoly on running casinos in a 200km radius of Phnom Penh until 2045. Hong Kong oweners/based. 🇼

---

🇮🇩 Indonesia

Tags: Indonesia & Indonesia Stocks

• Indonesia Stock Exchange (IDX)

• Indonesia Stock Exchange (IDX) (🇼)

• List of companies of Indonesia (🇼)

---

1. 🌐 Abadi Lestari Indonesia PT Tbk (IDX: RLCO) - Edible bird’s nest processing & products. 🏷️

2. 🇮🇩 Adi Sarana Armada Tbk PT (IDX: ASSA) - Nationwide corporate car rental.

   • 🎥 ASSA with Pon Van Compernolle (No Fluff. Just Ideas. By FatAlpha) 48:49 Minutes (April 2025)

3. 🇮🇩 AKR Corporindo Tbk PT (IDX: AKRA / OTCMKTS: PKCPY) - Petrochemical distributor + controls Java Integrated Industrial and Port Estate (JIIPE). 🇼 🏷️

4. 🇮🇩 Alamtri Resources Indonesia Tbk PT (IDX: ADRO / FRA: A64) - Coal mining. 🇼 🏷️

5. 🇮🇩 Amman Mineral Internasional Tbk PT (IDX: AMMN / FRA: U4Z / OTCMKTS: AMMNF) - Holdco (exploration, development, mining, processing, smelting & refining). Copper/gold producer. 🏷️

6. 🇮🇩 Aneka Tambang Tbk PT (IDX: ANTM / ASX: ATM / FRA: AKTA) - Vertically integrated, export-oriented, diversified mining & metals company (nickel ore, ferronickel, gold, silver, bauxite & coal). 🇼 🏷️

7. 🇮🇩 Arwana Citramulia Tbk PT (IDX: ARNA) - Green-certified ceramic, porcelain & granite tiles.

8. 🇮🇩 Aspirasi Hidup Indonesia Tbk PT (IDX: ACES / FRA: 4AH1 / OTCMKTS: ACEHF) - Formerly Ace Hardware Indonesia. Leading retail company for home improvement & lifestyle products. 🏷️

9. 🇮🇩 Astra Agro Lestari Tbk PT (IDX: AALI / FRA: ASX / OTCMKTS: PTABF / AAGRY) - Palm oil + tea & cocoa plantations. 🇼 🏷️

10. 🇮🇩 Astra Otoparts Tbk PT (IDX: AUTO / OTCMKTS: PTASF) - Auto parts manufacturing & distributing spare parts for 2 wheel & 4 wheel. 🇼

11. 🇮🇩 Autopedia Sukses Lestari Tbk PT (IDX: ASLC) - Car & motorcycle auctions, online car buying & selling, & data provider for car & motorcycle prices. 🏷️

12. 🇮🇩 Avia Avian Tbk PT (IDX: AVIA / FRA: P2C) - Manufactures & distributes paints & building materials. 2 segments: Architectural Solutions & Trading Goods. 🏷️

13. 🇮🇩 Bakrie & Brothers Tbk PT (IDX: BNBR / FRA: LFU2 / OTCMKTS: PKBAF) - Bakrie Autoparts, Bakrie Building Industries, Bakrie Indo Infrastructures & Bakrie Metal Industries. 🇼 🏷️

14. 🇮🇩 Bank Central Asia (BCA) Tbk PT (IDX: BBCA / FRA: BZG2 / OTCMKTS: PBCRF) - Largest private bank in Indonesia. Founded by Salim Group & sold to another conglomerate group Djarum. 🇼 🏷️

15. 🇮🇩 Bank Danamon Indonesia Tbk PT (IDX: BDMN / FRA: HX9) - Banking services for retail, SMEs & corporate customers. Retail & Wholesale segments. 🇼

16. 🇮🇩 Bank Jago Tbk PT (IDX: ARTO / OTCMKTS: BJAGF) - Tech-based bank focused digital financial solutions. 🇼 🏷️

17. 🌏 Bank Jtrust Indonesia Tbk PT (IDX: BCIC) - Banking services. Subs. of J Trust Co Ltd (TYO: 8508). 🇼 🏷️

18. 🇮🇩 Bank KB Indonesia PT Tbk (IDX: BBKP) - integrated financial services to micro, SME, consumer & commercial businesses. 🏷️

19. 🌏🏛️ Bank Mandiri Tbk PT (IDX: BMRI / FRA: PQ9 / OTCMKTS: PPERF) - Wholesale & Retail segments. 🇼 🏷️

20. 🌐🏛️ Bank Negara Indonesia (IDX: BBNI / FRA: BKE1 / OTCMKTS: PBNNF / PTBRY) - Originally established as Indonesia’s central Bank. 🇼 🏷️

21. 🇮🇩 Bank OCBC NISP Tbk PT (IDX: NISP / FRA: FFB / OTCMKTS: PKNPF) - Financial services. Subs. of Oversea-Chinese Banking Corp (OCBC) (SGX: O39 / FRA: OCBA / FRA: OCBB / OTCMKTS: OVCHY). 🇼

22. 🇮🇩🏛️ Bank Rakyat Indonesia Tbk PT (IDX: BBRI / FRA: BYRA / OTCMKTS: BKRKF / BKRKY) - One of the largest state-owned banks in Indonesia. 🇼 🏷️

23. 🇮🇩 Bank Tabungan Negara (Persero) Tbk PT (IDX: BBTN / FRA: TA2) - Personal, business & sharia banking. 🇼 🏷️

24. 🇮🇩 BFI Finance Indonesia Tbk PT (IDX: BFIN / OTCMKTS: PBIIF) - First JSE listed multifinance company. Est. as PT Manufacturers Hanover Leasing Indonesia. 🏷️

25. 🇮🇩 Blue Bird Tbk PT (IDX: BIRD) - Regular & executive taxis, limousines & car rentals, bus charters, logistics, bus body manufacturing, property, IT services & heavy equipment. 🇼 🏷️

26. 🇮🇩 Buana Lintas Lautan Tbk PT (IDX: BULL) - Domestic oil & gas transportation services. 🏷️