Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Southern Michigan Bancorp

Market Cap: US$113.3m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Kuwait Insurance CompanyK.P

Market Cap: د.ك117.9m

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.

Daphne International Holdings

Market Cap: HK$811.2m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Sun

Market Cap: MU₨7.8b

Operates in the tourism sector.

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.

Jamuna Bank

Market Cap: ৳21.1b

Provides various banking products and services in Bangladesh.

Gulf Insurance Group - Jordan

Market Cap: د.أ81.4m

Engages in the insurance business in Jordan, the Middle East, North Africa, Europe, Asia, America, and the Near East.

Padma Oil

Market Cap: ৳16.6b

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

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.

AblePrint Technology

Market Cap: NT$26.6b

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

Solomon Data International

Market Cap: NT$3.8b

Manufactures, processes, and sells solar system components and liquid crystal display modules in Taiwan, the United States, the Asia Pacific, and Europe.

Speed Tech

Market Cap: NT$6.9b

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

Cairo Amman Bank

Market Cap: د.أ294.0m

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

Jordanian Duty Free Shops

Market Cap: د.أ139.5m

9649273 Jordanian Duty Free Shops invests in, operates, and manages duty-free shops.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك193.7m

Engages in insurance and reinsurance operations in Kuwait.

Taiyo KagakuLtd

Market Cap: JP¥43.9b

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

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

JB Foods

Market Cap: S$240.8m

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.

Onix Solar Energy

Market Cap: ₹14.4b

Engages in the trading of non-ferrous metals in India.

Arab Banking Corporation (B.S.C.)

Market Cap: US$959.3m

Provides wholesale banking services worldwide.

Ruentex Interior Design

Market Cap: NT$3.5b

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

Anpec Electronics

Market Cap: NT$16.1b

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

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Smart Organic AD

Market Cap: €204.1m

Produces and distributes organic food products in Bulgaria, the European Union, Asia, and the Americas.

First Investment Bank AD

Market Cap: €557.6m

Provides various banking products and services to individuals and corporate clients in Bulgaria and Cyprus.

Master Drilling Group

Market Cap: R2.5b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.8b

Operates in the tourism, construction, and energy sectors in Turkey.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 73.3b

Processes heavy bitumen crude in Africa.

Soft-World International

Market Cap: NT$15.6b

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

Ferchem Misr for fertilizers and chemicalsE

Market Cap: ج.م31.3b

Produces and sells fertilizers.

Arendals Fossekompani

Market Cap: NOK 8.3b

An industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America.

Y.D. More Investments

Market Cap: ₪3.9b

A privately owned Investment Manager.

Colorado

Market Cap: د.م1.4b

Manufactures and distributes various paints in Morocco and internationally.