Global Inefficient Market Opportunities

Hanwha General Insurance

Market Cap: ₩675.2b

Provides insurance services in South Korea.

Crowell Development

Market Cap: NT$13.5b

Engages in the construction of commercial and residential buildings for rental and sale in Taiwan.

RWS Holdings

Market Cap: UK£327.6m

Provides technology-enabled language, content, and intellectual property (IP) services in the United Kingdom, Continental Europe, the United States, and internationally.

Movida Participações

Market Cap: R$2.4b

Through its subsidiaries, provides car rental services in Brazil.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.4b

Develops and builds residential and non-residential properties primarily in Brazil.

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

Market Cap: ج.م22.0b

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

Metals Exploration

Market Cap: UK£321.0m

Metals Exploration plc identifies, acquires, explores for, and develops mining and processing properties in the United Kingdom and the Philippines.

Orezone Gold

Market Cap: CA$581.1m

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

NEXTIN

Market Cap: ₩516.9b

Manufactures defect inspection and metrology systems for semiconductor and display industries in South Korea.

Caledonia Mining

Market Cap: US$372.2m

Primarily operates a gold mine in Jersey.

SeAH Holdings

Market Cap: ₩502.2b

Engages in the steel materials business in South Korea and internationally.

Carote

Market Cap: HK$2.9b

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.

Digital Value

Market Cap: €310.5m

Provides IT solutions and services in Italy.

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.

E1

Market Cap: ₩482.2b

Imports, stores, trades, and sells liquefied petroleum gas (LPG) in South Korea.

Moura Dubeux Engenharia

Market Cap: R$1.9b

Provides real estate development services in Brazil.

Tharisa

Market Cap: R6.2b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and internationally.

T&L

Market Cap: ₩470.6b

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

Cruzeiro do Sul Educacional

Market Cap: R$1.9b

Provides education services in Brazil.

HAESUNG DS

Market Cap: ₩467.5b

Manufactures and sells semiconductor components in South Korea and internationally.

Interloop

Market Cap: PK₨94.3b

Manufactures and exports hosiery products in Pakistan, Australia, Asia, Europe, and the United Sates.

Regina Miracle International (Holdings)

Market Cap: HK$2.6b

An investment holding company, designs, manufactures, and trades in a range of intimate wear and sports products.

SeAH Steel

Market Cap: ₩440.7b

Manufactures and sells steel products in South Korea.

Best Pacific International Holdings

Market Cap: HK$2.5b

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

Beximco Pharmaceuticals

Market Cap: ৳38.9b

Manufactures and markets generic pharmaceutical formulations and active pharmaceutical ingredients in Bangladesh.

Tourism Holdings

Market Cap: NZ$497.5m

Operates as a tourism company worldwide.

Onity Group

Market Cap: US$300.9m

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.

Ânima Holding

Market Cap: R$1.6b

Operates as an education organization in Brazil.

KAP

Market Cap: R5.1b

Engages in industrial, chemical, and logistics businesses in South Africa, rest of Africa, the Americas, Europe, the Middle East, and Australasia.

Soosan Industries

Market Cap: ₩375.8b

Provides power plant construction and maintenance services in South Korea.

VIB Vermögen

Market Cap: €234.0m

Engages in the development, acquisition, and management of commercial real estate properties in Germany.

Even Construtora e Incorporadora

Market Cap: R$1.5b

Operates as a real estate developer and builder in Brazil.

Magna Mining

Market Cap: CA$362.4m

Engages in the acquisition, exploration, and development of mineral properties in Canada.

Sylvania Platinum

Market Cap: UK£182.1m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

D.G. Khan Cement

Market Cap: PK₨70.7b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

Nampak

Market Cap: R4.3b

Engages in the manufacture and sale of packaging products in South Africa and rest of Africa.