Global Inefficient Market Opportunities

VersaBank

Market Cap: CA$687.8m

Provides various banking products and services in Canada and the United States.

SeAH Holdings

Market Cap: ₩678.6b

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

PayPoint

Market Cap: UK£325.2m

Engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom.

Salmones Camanchaca

Market Cap: CL$384.0b

Engages in the salmon farming business in Chile.

Jana Small Finance Bank

Market Cap: ₹39.3b

Provides banking and financial services to individuals and enterprises in India.

GeoPark

Market Cap: US$417.4m

Operates as an oil and natural gas exploration and production company in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries.

Raya Holding Company for Financial Investments (S.A.E)

Market Cap: ج.م18.8b

Operates in information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, E-payments, and non-banking financial services fields in Egypt and internationally.

Desktop

Market Cap: R$2.0b

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

Secure Trust Bank

Market Cap: UK£274.0m

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

Serabi Gold

Market Cap: UK£268.9m

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

JSL

Market Cap: R$1.9b

Provides logistics services in Brazil.

SAMPYO Cement

Market Cap: ₩523.3b

Engages in the manufacture and distribution of cement in South Korea.

Anton Oilfield Services Group

Market Cap: HK$2.8b

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

Ânima Holding

Market Cap: R$1.8b

Operates as an education organization in Brazil.

Boyaa Interactive International

Market Cap: HK$2.6b

An investment holding company, develops and operates online card and board games in the People’s Republic of China and Hong Kong.

China Beststudy Education Group

Market Cap: HK$2.5b

Provides after-school education services for K-12 student groups in China.

STI

Market Cap: ₩446.8b

Operates in the semiconductor equipment industry in Korea.

Central Omega Resources

Market Cap: Rp5.0t

Engages in the mineral mining business in Indonesia.

Armac Locação Logística e Serviços

Market Cap: R$1.6b

Engages in leasing machines, equipment, and services in Brazil.

Dimand

Market Cap: €243.1m

Engages in the investment, development, and sale of real estate properties in Greece.

Devsisters

Market Cap: ₩404.0b

Engages in the development of mobile games in South Korea and internationally.

Angler Gaming

Market Cap: €225.0m

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

Amadeus FiRe

Market Cap: €221.1m

Provides personnel and training services in Germany.

EFC (I)

Market Cap: ₹23.9b

Engages in real estate leasing business in India.

Man Industries (India)

Market Cap: ₹23.5b

Manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India.

UGRO Capital

Market Cap: ₹22.9b

A non-banking financial company, engages in the lending business in India.

Coherus Oncology

Market Cap: US$249.0m

A biopharmaceutical company, researches, develops, and commercializes immunotherapies to treat cancer in the United States.

Pennar Industries

Market Cap: ₹21.3b

Operates as an engineering company in India and internationally.

EASY HOLDINGS

Market Cap: ₩333.4b

Operates in the biological resource industry.

China New Higher Education Group

Market Cap: HK$1.8b

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

Wismilak Inti Makmur

Market Cap: Rp3.7t

Manufactures and sells cigarettes in Indonesia and internationally.

Thryv Holdings

Market Cap: US$218.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

OMS Energy Technologies

Market Cap: US$204.6m

Through its subsidiaries, manufactures and sells specialty connectors and pipes, surface wellhead and Christmas trees, premium threading services, and other ancillary services in Saudi Arabia, Singapore, Malaysia, Thailand, Indonesia and internationally.

Zibuyu Group

Market Cap: HK$1.6b

An investment holding company, operates as a cross-border e-commerce company in China.

Foraco International

Market Cap: CA$276.9m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

CUCKOO International (MAL) Berhad

Market Cap: RM 795.2m

An investment holding company, trades in and rents home appliances, and mattresses and furniture products in Malaysia, Singapore, and Brunei.