Global Inefficient Market Opportunities

Plano & Plano Desenvolvimento Imobiliário

Market Cap: R$2.8b

Through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region.

A-Mark Precious Metals

Market Cap: US$500.4m

Operates as a precious metals trading company.

ODP

Market Cap: US$497.0m

Provides business products, services and supplies, and digital workplace technology solutions to small, medium, and enterprise-level businesses in the United States, Puerto Rico, the U.S.

Controladora Vuela Compañía de Aviación. de

Market Cap: Mex$9.5b

Controladora Vuela Compañía de Aviación, S.A.B.

Peapack-Gladstone Financial

Market Cap: US$488.6m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

GB

Market Cap: ج.م23.7b

Engages in the assembly, manufacture, sale, distribution, financing, and after-sales service of automotive products in the Middle East and Egypt.

Construtora Tenda

Market Cap: R$2.7b

Operates as a construction company in Brazil.

Scholastic

Market Cap: US$465.4m

Scholastic Corporation publishes and distributes children’s books worldwide.

ADENTRA

Market Cap: CA$638.6m

Engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States.

Credit Agricole - Egypt Bank (S.A.E.)

Market Cap: ج.م22.2b

Provides corporate, retail, and investment banking services in the Arab Republic of Egypt and internationally.

Geo Holdings

Market Cap: JP¥62.2b

Engages in the amusement businesses in Japan.

GA technologies

Market Cap: JP¥61.3b

Operates a real estate brokerage platform.

Orezone Gold

Market Cap: CA$573.2m

Engages in the mining, exploration, and development of gold properties.

Movida Participações

Market Cap: R$2.3b

Through its subsidiaries, provides car rental services in Brazil.

Geo Energy Resources

Market Cap: S$495.0m

An investment holding company, engages in the mining, production, and trading of coal.

T&L

Market Cap: ₩527.1b

Engages in the manufacture and sale of medical and polymer material products in South Korea.

OSAKA Titanium technologiesLtd

Market Cap: JP¥54.3b

Manufactures and sells titanium products.

Carote

Market Cap: HK$3.0b

An investment holding company, engages in the manufacture and sale of kitchenware products in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and internationally.

J Trust

Market Cap: JP¥53.8b

Provides various financial services in Japan.

Chongqing Hongjiu Fruit

Market Cap: HK$2.8b

Engages in the purchasing, importing, sorting, packaging, and wholesale of fruits in the People’s Republic of China, Thailand, and Vietnam.

Best Pacific International Holdings

Market Cap: HK$2.7b

Manufactures, trades in, and sells elastic fabric, elastic webbing, and lace.

Pulmuone

Market Cap: ₩467.1b

Manufactures, sells, and distributes foods and beverages in South Korea, the United States, China, and Japan.

Gilat Satellite Networks

Market Cap: US$334.4m

Provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally.

Caledonia Mining

Market Cap: US$334.2m

Primarily operates a gold mine in Jersey.

Hwaseung Enterprise

Market Cap: ₩461.1b

Manufactures and sells shoes for sporting goods.

Pou Sheng International (Holdings)

Market Cap: HK$2.6b

An investment holding company, engages in distributing and retailing sportswear and footwear in the People’s Republic of China and internationally.

SeAH Steel

Market Cap: ₩448.2b

Manufactures and sells steel products in South Korea.

Galata Wind Enerji

Market Cap: ₺12.3b

Engages in generation and sale of electricity from renewable energy in Turkey.

Digital Value

Market Cap: €277.5m

Provides IT solutions and services in Italy.

Pangaea Logistics Solutions

Market Cap: US$309.7m

Provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.

Myoung Shin IndustrialLtd

Market Cap: ₩418.7b

Engages in the manufacture and sale of automobile body parts in South Korea.

Onity Group

Market Cap: US$301.5m

A financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines.

Cruzeiro do Sul Educacional

Market Cap: R$1.7b

Provides education services in Brazil.

Wee Hur Holdings

Market Cap: S$386.1m

An investment holding company, engages in general building and civil engineering construction business in Singapore and Australia.

Amvis Holdings

Market Cap: JP¥41.2b

Provides nursing home, home nursing care, home care, in-home care support, and disability welfare services in Japan.

Hansae

Market Cap: ₩396.2b

Manufactures and sells finished clothing products in Vietnam, Indonesia, Nicaragua, Guatemala, Myanmar, and Haiti.