Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Najran Cement

Market Cap: ر.س1.1b

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

Nofoth Food Products

Market Cap: ر.س866.9m

Produces and sells bakery products in Saudi Arabia.

First Investment Company K.S.C.P

Market Cap: د.ك54.4m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

Kuwait Insurance CompanyK.P

Market Cap: د.ك112.7m

Provides various insurance products and services in Kuwait.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Etihad GO Telecom

Market Cap: ر.س3.2b

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

Sure Global Tech

Market Cap: ر.س438.1m

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

Taiyo KagakuLtd

Market Cap: JP¥47.6b

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

Cairo Amman Bank

Market Cap: د.أ276.0m

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك41.2m

Engages in managing real estate projects in Kuwait.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك377.0m

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.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك165.6m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك46.4m

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

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

Market Cap: د.ك48.4m

A private equity firm specializing in direct and fund investments.

JB Foods

Market Cap: S$223.5m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

MOBI Industry

Market Cap: ر.س565.0m

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

Baazeem Trading

Market Cap: ر.س622.7m

Operates as a FMCG distribution company.

Bank Danamon Indonesia

Market Cap: Rp25.6t

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

National Investments Company K.S.C.P

Market Cap: د.ك229.4m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Bonny Worldwide

Market Cap: NT$8.4b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China.

ABICO Asia Capital

Market Cap: NT$5.8b

Engages in the investment activities.

YFY

Market Cap: NT$43.0b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Apacer Technology

Market Cap: NT$15.1b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

Lelon Electronics

Market Cap: NT$17.9b

Develops, manufactures, markets, trades in, and sells electrolytic capacitors internationally.

Soft-World International

Market Cap: NT$15.2b

Develops, operates, and distributes games in Taiwan and China.

Top Union Electronics

Market Cap: NT$4.4b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Nextronics Engineering

Market Cap: NT$5.3b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Advanced International Multitech

Market Cap: NT$10.5b

Advanced International Multitech Co., Ltd.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Lan Fa Textile

Market Cap: NT$3.8b

Manufactures and sells polyester processed yarns in Taiwan, Mainland China, Thailand, Vietnam, South Korea, and internationally.

Anpec Electronics

Market Cap: NT$17.3b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Speed Tech

Market Cap: NT$6.3b

Designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally.

AblePrint Technology

Market Cap: NT$43.6b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Chieftek Precision

Market Cap: NT$6.7b

Engages in the research, development, manufacturing, and sale of linear motion components in Taiwan, Germany, the United States, China, Singapore, and internationally.