Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank Ganesha

Market Cap: Rp3.3t

Provides various general banking products and services for individuals and businesses in Indonesia.

Cairo Amman Bank

Market Cap: د.أ296.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Billion Industrial Holdings

Market Cap: HK$9.9b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Bank MNC Internasional

Market Cap: Rp3.0t

Provides various banking products and services in Indonesia.

PINAGO UTAMA

Market Cap: Rp2.8t

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

Practic

Market Cap: RON 950.3m

Engages in the lease and sublease of real estate properties in Romania.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك55.2m

A private equity firm specializing in direct and fund investments.

Cita Mineral Investindo

Market Cap: Rp20.1t

Engages in bauxite mining activities in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp3.1t

Manages and operates container terminals in Indonesia and internationally.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك44.8m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Palasino Holdings

Market Cap: HK$1.8b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.4m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

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

Etihad GO Telecom

Market Cap: ر.س3.1b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Baazeem Trading

Market Cap: ر.س642.9m

Operates as a FMCG distribution company.

Taiyo KagakuLtd

Market Cap: JP¥43.5b

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك193.7m

Engages in insurance and reinsurance operations in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك216.8m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Digital Mediatama Maxima

Market Cap: Rp2.5t

Operates an integrated marketing platform in Indonesia.

Citra Tubindo

Market Cap: Rp6.5t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

MOBI Industry

Market Cap: ر.س556.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Jamuna Bank

Market Cap: ৳20.9b

Provides various banking products and services in Bangladesh.

Capricorn Group

Market Cap: R13.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Cahaya Aero Services

Market Cap: Rp4.8t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Li Ming Development Construction

Market Cap: NT$4.1b

Li Ming Development Construction Co., Ltd.

Padma Oil

Market Cap: ৳16.6b

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

Bank Danamon Indonesia

Market Cap: Rp25.4t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.9t

Engages in the coal mining and trading activities in Indonesia.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.2m

Engages in managing real estate projects in Kuwait.

Sure Global Tech

Market Cap: ر.س461.1m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Cisadane Sawit Raya

Market Cap: Rp1.9t

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Surya Citra Media

Market Cap: Rp20.9t

Provides multimedia services in Indonesia.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.