Global Inefficient Market Opportunities

ITAB Shop Concept

Market Cap: SEK 4.9b

Develops, manufactures, sells, and installs store concepts for retail chain stores.

Metals Exploration

Market Cap: UK£370.6m

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

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

Market Cap: ج.م22.6b

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

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.5b

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

RWS Holdings

Market Cap: UK£314.3m

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

Orezone Gold

Market Cap: CA$574.6m

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

Wee Hur Holdings

Market Cap: S$537.8m

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

Movida Participações

Market Cap: R$2.2b

Through its subsidiaries, provides car rental services in Brazil.

Caledonia Mining

Market Cap: US$393.0m

Primarily operates a gold mine in Jersey.

E1

Market Cap: ₩534.3b

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

SeAH Holdings

Market Cap: ₩529.1b

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

Interloop

Market Cap: PK₨102.3b

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

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.

Tharisa

Market Cap: R6.4b

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: ₩476.2b

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

Moura Dubeux Engenharia

Market Cap: R$1.9b

Provides real estate development services in Brazil.

Carote

Market Cap: HK$2.7b

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.

Saturn Oil & Gas

Market Cap: CA$446.4m

Engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada.

HAESUNG DS

Market Cap: ₩448.8b

Manufactures and sells semiconductor components in South Korea and internationally.

Cruzeiro do Sul Educacional

Market Cap: R$1.8b

Provides education services in Brazil.

Digital Value

Market Cap: €274.5m

Provides IT solutions and services in Italy.

SeAH Steel

Market Cap: ₩427.3b

Manufactures and sells steel products in South Korea.

Himalaya Shipping

Market Cap: NOK 3.2b

Provides dry bulk shipping services worldwide.

Onity Group

Market Cap: US$293.8m

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.

China New Higher Education Group

Market Cap: HK$2.2b

An investment holding company, provides private education services in the People's Republic of China.

Bankwell Financial Group

Market Cap: US$286.4m

Operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers.

JSL

Market Cap: R$1.6b

Provides logistics services in Brazil.

Tourism Holdings

Market Cap: NZ$453.3m

Operates as a tourism company worldwide.

Ânima Holding

Market Cap: R$1.5b

Operates as an education organization in Brazil.

Magna Mining

Market Cap: CA$353.6m

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

Alkane Resources

Market Cap: AU$393.6m

Operates as a gold exploration and production company in Australia.

Secure Trust Bank

Market Cap: UK£187.7m

Provides banking and financial products and services in the United Kingdom.

KAP

Market Cap: R4.5b

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

CJ Freshway

Market Cap: ₩347.2b

Engages in the distribution of food materials in Korea and internationally.

Nampak

Market Cap: R4.5b

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

Sylvania Platinum

Market Cap: UK£180.0m

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