Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Practic

Market Cap: RON 760.3m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك190.2m

Engages in insurance and reinsurance operations in Kuwait.

Ha Giang Mineral Mechanics

Market Cap: ₫3.2t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Najran Cement

Market Cap: ر.س1.1b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Billion Industrial Holdings

Market Cap: HK$10.1b

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.

VICOM

Market Cap: S$574.4m

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

Fortune Mate Indonesia

Market Cap: Rp2.0t

Provides real estate development and construction services in Indonesia.

Krishana Phoschem

Market Cap: ₹30.7b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Enviro Infra Engineers

Market Cap: ₹36.6b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Danang Port

Market Cap: ₫3.3t

Offers port services in Vietnam.

Ramco Industries

Market Cap: ₹27.3b

Engages in the building products, textiles, and power generation businesses in India.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

MOBI Industry

Market Cap: ر.س556.0m

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك47.4m

Engages in managing real estate projects in Kuwait.

Vivo Energy Mauritius

Market Cap: MU₨13.4b

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

Thai Steel Cable

Market Cap: ฿3.9b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

HG Metal Manufacturing

Market Cap: S$134.6m

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

Taiyo KagakuLtd

Market Cap: JP¥39.3b

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

Surya Citra Media

Market Cap: Rp25.6t

Provides multimedia services in Indonesia.

Cairo Amman Bank

Market Cap: د.أ300.0m

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

Luxchem Corporation Berhad

Market Cap: RM 422.2m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Pizu Group Holdings

Market Cap: HK$3.4b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

YH Entertainment Group

Market Cap: HK$1.7b

An investment holding company, operates as an artist management company in Mainland China and Korea.

Wison Engineering Services

Market Cap: HK$1.5b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Hind Rectifiers

Market Cap: ₹25.9b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

YuanShengTai Dairy Farm

Market Cap: HK$1.2b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Lee's Pharmaceutical Holdings

Market Cap: HK$995.1m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Insolation Energy

Market Cap: ₹29.5b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Qassim Cement

Market Cap: ر.س4.7b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س625.7m

Operates as a FMCG distribution company.

Jagsonpal Pharmaceuticals

Market Cap: ₹14.6b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹71.7b

Produces and sells fertilizers and chemicals in India.

GOCL

Market Cap: ₹14.6b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Saint-Gobain Sekurit India

Market Cap: ₹9.8b

Manufactures and sells laminated and tempered automotive glass in India.