Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Aoxin Q & M Dental Group

Market Cap: S$190.3m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

Cahaya Aero Services

Market Cap: Rp3.7t

Provides cargo and ground handling services in Indonesia.

Hafary Holdings

Market Cap: S$200.2m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

AB Akola Group

Market Cap: €261.6m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

Mark Dynamics Indonesia

Market Cap: Rp3.1t

Manufactures and sells hand former products in Indonesia and internationally.

Taiyo KagakuLtd

Market Cap: JP¥46.6b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Ruentex Interior Design

Market Cap: NT$3.6b

Engages in interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

House of Investments

Market Cap: ₱7.0b

An investment holding company, engages in the automotive, property and property services, financial services, and education businesses in the Philippines and internationally.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

VICOM

Market Cap: S$645.3m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Padma Oil

Market Cap: ৳17.5b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

GTS Internasional

Market Cap: Rp4.2t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

East West Banking

Market Cap: ₱29.4b

Operates as a commercial bank that provides a range of financial products and services to individual and corporate clients in the Philippines and internationally.

Ceylinco Holdings

Market Cap: LK₨74.9b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Mulpha International Bhd

Market Cap: RM 912.4m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

CTCI Advanced Systems

Market Cap: NT$4.7b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware in Taiwan and internationally.

Lippo Cikarang

Market Cap: Rp3.3t

Develops real estate and industrial estate projects in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.3t

Engages in the coal mining and trading business in Indonesia.

Buana Artha Anugerah

Market Cap: Rp3.0t

Engages in the provision of asset management services in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp5.4t

Operates as a securities company in Indonesia.

Singapura Finance

Market Cap: S$130.9m

Provides finance services in Singapore.

Cisadane Sawit Raya

Market Cap: Rp1.8t

Engages in the oil palm plantation business in Indonesia and internationally.

SALUS Ljubljana d. d

Market Cap: €526.0m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.1b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Yibin City Commercial Bank

Market Cap: HK$12.1b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Krom Bank Indonesia

Market Cap: Rp17.3t

Provides banking products and services in Indonesia.

Banyan Tree Holdings

Market Cap: S$520.6m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Sing Investments & Finance

Market Cap: S$371.2m

Provides financing and related nominee services to individuals and corporations in Singapore.

HG Metal Manufacturing

Market Cap: S$162.1m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Surya Citra Media

Market Cap: Rp17.8t

Provides multimedia services in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp2.5t

Manages and operates container terminals in Indonesia and internationally.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Payton Industries

Market Cap: ₪527.6m

Develops, produces, trades, markets, and sells various types of transformers for communications, electronics, automotive, and industrial equipment industries in Israel, Europe, the United States, and Asia.