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.

Pizu Group Holdings

Market Cap: HK$3.6b

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

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.

Standard Chartered Bank Kenya

Market Cap: KSh116.6b

Provides various banking products and services for individuals and businesses.

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.

Vietnam National Reinsurance

Market Cap: ₫4.4t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Saha-Union

Market Cap: ฿8.0b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Mulpha International Bhd

Market Cap: RM 891.0m

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

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.

Hoang Huy Investment Financial Services

Market Cap: ₫14.5t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Ha Giang Mineral Mechanics

Market Cap: ₫2.9t

Explores, extracts, and process mineral ores, rare ores, metals, and non-ferrous metal ores in Vietnam and internationally.

Southeast Asia Commercial Bank

Market Cap: ₫51.1t

Provides retail and corporate banking products and services in Vietnam.

Taiyo KagakuLtd

Market Cap: JP¥43.5b

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

Space42

Market Cap: د.إ7.0b

Operates as an artificial intelligence (AI) powered SpaceTech company.

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.

Tai Sin Electric

Market Cap: S$267.0m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

YH Entertainment Group

Market Cap: HK$1.9b

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

Citra Tubindo

Market Cap: Rp6.5t

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

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

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.