Global Inefficient Market Opportunities

Verve Group

Market Cap: €425.8m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

Next 15 Group

Market Cap: UK£367.9m

Next 15 Group plc, together with its subsidiaries, customer insight, customer delivery, customer engagement, and business transformation services in the United Kingdom, Africa, the United States, Europe, Middle East, and Africa.

ITAB Shop Concept

Market Cap: SEK 4.4b

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

Hanwha General Insurance

Market Cap: ₩615.1b

Provides insurance services in South Korea.

SBC Medical Group Holdings

Market Cap: US$432.5m

Provides management services to cosmetic treatment centers in Japan, Vietnam, the United States, and Singapore.

Anton Oilfield Services Group

Market Cap: HK$3.1b

An investment holding company, operates as an integrated oilfield technology services company in the People’s Republic of China, Iraq, and internationally.

GCB Bank

Market Cap: GH₵4.1b

Engages in the retail and corporate banking, consumer and commercial banking, and treasury activities in Ghana.

Concord New Energy Group

Market Cap: HK$3.0b

An investment holding company, engages in the generation of power in the People’s Republic of China and internationally.

Amvis Holdings

Market Cap: JP¥58.2b

Engages in the hospice business in Japan.

Erajaya Swasembada

Market Cap: Rp6.4t

Engages in the distribution and retail of mobile telecommunication devices in Indonesia, Singapore, and Malaysia.

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.

Zhihu

Market Cap: US$357.7m

Operates an online content community in the People’s Republic of China.

QuantaSing Group

Market Cap: US$354.7m

QuantaSing Group Limited desigs and sells pop toys.

China State Construction Development Holdings

Market Cap: HK$2.8b

An investment holding company, engages in the general contracting business in Hong Kong and internationally.

Dentium

Market Cap: ₩474.3b

Manufactures and sells dental medical instrument worldwide.

Desktop

Market Cap: R$1.8b

Provides fixed telephony, broadband internet, and pay television services in Brazil.

Orion

Market Cap: US$322.9m

Engages in the manufacture and sale of carbon black products.

Olympic Steel

Market Cap: US$308.2m

Processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico.

YesAsia Holdings

Market Cap: HK$2.3b

An investment holding company, engages in trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.

Iochpe-Maxion

Market Cap: R$1.6b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

E1

Market Cap: ₩418.0b

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

Onity Group

Market Cap: US$288.9m

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.

Carote

Market Cap: HK$2.2b

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.

SUNIC SYSTEM

Market Cap: ₩404.8b

Manufactures and sells OLED deposition equipment and semiconductor vacuum equipment in Korea.

Sisram Medical

Market Cap: HK$2.2b

Engages in the research, design, development, manufacture, sale, and marketing of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.

Abeona Therapeutics

Market Cap: US$275.9m

A clinical-stage biopharmaceutical company, develops gene and cell therapies for life-threatening diseases.

JSL

Market Cap: R$1.5b

Provides logistics services in Brazil.

Serabi Gold

Market Cap: UK£203.0m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Gambling.com Group

Market Cap: US$271.4m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

Phuoc Hoa Rubber

Market Cap: ₫7.1t

Phuoc Hoa Rubber Joint Stock Company plants, processes, and trades in rubber and rubber wood products in Vietnam.

ASA International Group

Market Cap: UK£197.5m

Operates as a microfinance institution in Asia and Africa.

Angler Gaming

Market Cap: €225.7m

Invests in companies that offer gaming services through the internet in Malta.

Reach

Market Cap: UK£193.1m

Operates as commercial news publisher in the United Kingdom, rest of Europe, and internationally.

GOLFZON

Market Cap: ₩356.7b

Engages in the manufacture and sale of golf simulators in South Korea and internationally.

Central Omega Resources

Market Cap: Rp4.2t

Engages in the mineral mining business in Indonesia.

Ser Educacional

Market Cap: R$1.3b

Develops and manages activities for on-campus and distance-learning undergraduate, graduate, and professional training courses and other education-related areas in Brazil.